Hit the road this holiday and win big!

We’ve got your Easter holiday fund sorted with a chance to win weekly cash prizes – simply fill up at Caltex and fill in the entry form below to win big!

Porsche Panamera crowned 2018 SA Car of the Year

Porsche's Panamera has been crowned the 2018 South African Car of the Year. Do you agree with the winner?

HRT scrapped 'for parts'

2013-02-14 11:43

DISMANTLED, DESERTED, SILENT: HRT's assets, bar its engines, are being sold off as the team exits Formula 1.

MADRID, Spain - Assets of the defunct Formula 1 team HRT have been bought by a well-known automotive component recycler.

Spain's AS newspaper reports that Teo Martin, a well-known automotive component recycler, has bought most of the valuable parts left over in the wake of the Spanish team's demise.

The report said HRT's rented headquarters in Madrid were "already dismantled, deserted and silent".


Teo Martin apparently bought the 2011 and 2012 single-seaters, a show car, a truck, tools, machinery, furniture and other assets... "in short, everything that could be recycled and sold that was still in HRT's possession has been sold".

The sold assets did not include the 2012 engines, which have been returned to Cosworth, or the gearboxes, which were rented from Williams.

"The amount of the transaction is not known," added the report.

Read more on:    new  |  engine  |  formula 1  |  hrt

There are new stories on the homepage. Click here to see them.