Nov.5 (GMM) A new "financial backer" looks set to push the struggling Spanish team HRT forwards in 2011, Bernie Ecclestone revealed on Friday. The F1 chief executive was speaking in Brazil just days after saying the worst of the sport's new teams had been an "embarrassment" for formula one this year.But HRT has signed to use a Williams gearbox next year, and it is believed the team is close to agreeing a deal with Toyota to base its 2011 car on the unraced TF110.The arrangement with Toyota could also involve use of the staff of the former F1 team, and its headquarters in Cologne."I believe HRT, the people from Spain, have now got a guy that I know, a financial backer," Ecclestone is quoted at Interlagos by Reuters."If they have it, super. We need the teams if they are financially sound," he added.Team boss Colin Kolles was not immediately available for comment.
F1 News
F1
Schedule F1 Line-up
Constructors' Championship
Drivers' Championship
F1 Tickets Live F1 Coverage
Full Version: Formula 1 News
Formula 1
Schedule Formula 1 Line-up Constructors' Championship Drivers' Championship Live F1 Coverage
10 'n' Pole F1 Regulations The Forums Motorsport Shop
F1 Merchandise F1 Tickets F1 Diecast
F1 Videos
F1 Games
Back To Top |