{"id":11839,"date":"2011-04-07T06:45:46","date_gmt":"2011-04-07T10:45:46","guid":{"rendered":"https:\/\/www.racinginfocus.com\/?p=11839"},"modified":"2011-04-07T06:45:46","modified_gmt":"2011-04-07T10:45:46","slug":"korean-consortium-eyes-hrt-buy-in-report","status":"publish","type":"post","link":"https:\/\/www.racinginfocus.com\/rif\/formula-1\/korean-consortium-eyes-hrt-buy-in-report\/","title":{"rendered":"Korean consortium eyes HRT buy-in &#8211; report"},"content":{"rendered":"<p>A Korean consortium is reportedly interested in buying into the struggling Hispania team.<\/p>\n<p>Italiaracing.net said the talks with owner Jose Ramon Carabante recently began &#8220;although the amount requested by the Spanish businessman is apparently quite high&#8221;.<\/p>\n<p>Carabante recently told Cadena Ser radio that he is not ruling out selling some of his HRT stake.<\/p>\n<p>&#8220;We are talking with investors but what I don&#8217;t want is to sell the team and disappear,&#8221; he said after Vitantonio Liuzzi and Narain Karthikeyan failed to qualify for the 2011 season opener in Australia.<\/p>\n<p>&#8220;It&#8217;s ok if someone comes with an offer to have the majority and I&#8217;m left with a stake,&#8221; added Carabante.<\/p>\n<p>&#8220;Right now there are teams worth 40, 60, 70 million euros, depending on how you finish the championship.\u00a0 There are twelve teams and we are one of them,&#8221; he said.<\/p>\n<p>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.<\/p>\n<p>It also emerged at Sepang on Thursday that the car&#8217;s 2011-specification wing has passed the FIA crash test and is being shipped from Europe.<\/p>\n<p>&#8220;We know that the car has potential and we hope that we will be able to get all updates on the cars,&#8221; said Kolles.\u00a0 &#8220;The 107pc (rule) should not be an issue under normal circumstances.&#8221;<\/p>\n<p><span style=\"color: #888888;\"><em>\u00a9 RIF | GMM<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 &#8220;although the amount requested by the Spanish businessman is apparently quite high&#8221;. Carabante recently told Cadena Ser radio that he is not ruling out selling some of his HRT stake. &#8220;We &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[3],"tags":[602,5262,5340,842,695],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/11839"}],"collection":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/comments?post=11839"}],"version-history":[{"count":1,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/11839\/revisions"}],"predecessor-version":[{"id":11840,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/11839\/revisions\/11840"}],"wp:attachment":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/media?parent=11839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/categories?post=11839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/tags?post=11839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}