A rumor rated as 'speculation' is one that has no supporting information
A rumor rated as 'strong' is one where we received information from more than one source.
A rumor rated as 'fact' is one that has proven to be true
A rumor rated as 'false' is one that has proven to be false based on new information
These rumors are just that, RUMORS, and are not to be taken as 'fact'
unless so noted. Please visit our Hot News page for news. If you have a rumor, or can supply
more information about one listed here,
e-mail us with as
much supporting information as possible and we may post it. User Agreement and Disclaimer.
Newer rumors supersede older ones of the same topic. Go to our
discuss any rumor.
Korean consortium eyes HRT buy-in - report (GMM) A Korean consortium is reportedly interested in buying into the struggling Hispania team.
Italiaracing.net said the talks with owner Jose Ramon Carabante recently began "although the amount requested by the Spanish businessman is apparently quite high".
Carabante recently told Cadena Ser radio that he is not ruling out selling some of his HRT stake.
"We are talking with investors but what I don't want is to sell the team and disappear," he said after Vitantonio Liuzzi and Narain Karthikeyan failed to qualify for the 2011 season opener in Australia.
"It's ok if someone comes with an offer to have the majority and I'm left with a stake," added Carabante.
"Right now there are teams worth 40, 60, 70 million euros, depending on how you finish the championship. There are twelve teams and we are one of them," he said.
After the Melbourne debacle, team boss Colin Kolles said he is confident the Cosworth-powered F111 will have a better outing at Sepang this weekend.
It also emerged at Sepang on Thursday that the car's 2011-specification wing has passed the FIA crash test and is being shipped from Europe.
"We know that the car has potential and we hope that we will be able to get all updates on the cars," said Kolles. "The 107pc (rule) should not be an issue under normal circumstances."
Copyright 1999-2014 | AutoRacing1 is an
independent internet online publication and is not affiliated with, sponsored by, or endorsed
by IndyCar, NASCAR, FIA, Sprint, or any other series sponsor.
This material may not be published, broadcast, or redistributed without