HRT could be revived under the name Scorpion Racing as early as 2013

According to the Autosport website, the HRT structure, which recently filed for bankruptcy, could be bought by a group of Canadian and American investors to launch a new team in the Formula 1 World Championship.

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Written by Par
HRT could be revived under the name Scorpion Racing as early as 2013

Rumors have revealed that negotiations for the purchase of HRT’s assets by a group of North American investors are at an advanced stage. The project to introduce a team known as Scorpion Racing into the discipline seems to have the blessing of Bernie Ecclestone himself.

However, the site Autosport suggests that the FIA believes the twelfth spot left vacant by HRT for the year 2013 is no longer available. There would be no deviation from the regulations to introduce a new team. The registration deadline had passed since November 2012.

The investors behind the Scorpion Racing project hope to complete their file within a few days, which means there could be an official announcement by the end of the week.

According to Autosport, Scorpion Racing would like to use the chassis of last year’s HRT F112, powered by Cosworth with a gearbox from Williams.

Discussions are said to have taken place between Bernie Ecclestone and the investors, and the latter reportedly made clear their intention to fully acquire the assets of the HRT team to enter the Formula 1 World Championship. To this, the British businessman allegedly responded that the FIA would be ready to integrate this new team if the acquisition were truly effective.

Nothing is certain yet regarding Scorpion Racing’s intention to participate in the start of the 2013 season. If the project is serious, this team could very well be on the starting grids the following year, in 2014.

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