• HRT news

HRT on sound footing

ESPNF1 Staff
August 17, 2011 « Todt happy with Interlagos safety | »
Colin Kolles wants HRT to remain the most efficient team in Formula One © Sutton Images
Enlarge
Related Links

HRT team principal Colin Kolles says that the team is financially "in a much better position than many other teams".

Since making its debut at the start of 2010, the financial state of HRT has been the subject of much speculation. However, the situation seems to be improved since the team was taken over by Spanish investment company Thesan Capital, and Kolles said one of his primary goals has been to ensure its future is secure.

"My direction is always clear. You have to secure a team to make it financially viable; to make it safe so it survives," he told Autosport. "This is one of the first objectives, because if you are not managing this, then you can have a lot of dreams, a lot of fantasies, but they will never come across because you won't exist. So the first step is always to secure the team, and then you have to build it up step by step. I think the team is quite safe."

Kolles said the next phase for the team was to expand the workforce in order to allow the team to progress at a quicker rate.

"I think that we are in a much better position than many other teams here in the paddock, and now we have to start to improve this team at full power, as quickly as possible. I know that people are impatient sometimes, especially journalists.

"But you can't say things that are not realistic for me. You have to go step by step and to improve the team, that's all. To have a structure that's stronger and then you can add certain elements which can improve the team."

© ESPN Sports Media Ltd.
ESPN Staff Close