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DATE News (chronologically)
11/05/10
f1
HRT has new 'financial backer' says Ecclestone  UPDATE (GMM)  HRT is ready to announce some important news about its future, team boss Colin Kolles confirmed at Interlagos on Friday.

Earlier at the Brazilian circuit, Bernie Ecclestone said one of his contacts - "a financial backer" - is getting involved with the struggling Spanish team.

"There should be some (press) release very soon," Kolles confirmed to Reuters.  "I think Mr. Ecclestone knows what he is saying."

Indeed, he said "a few" announcements are scheduled for the following days, amid speculation the team is set to use the services of Cologne based Toyota Motorsport.

Another of the possible announcements, to tie up with the gearbox deal with Williams, is the employment of the British team's Finnish test driver Valtteri Bottas.

Williams co-owner Patrick Head was not aware of that, while Kolles said: "I think Valtteri is a very talented driver but maybe there is also some other driver who will be driving our car."



11/05/10 (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. zzzz

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.

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