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HRT announces new Madrid base

ESPNF1 Staff
February 8, 2012 « Bianchi ready to 'get closer to the limit' | Red Bull making progress - Webber »
HRT wants to strengthen its Spanish identity © Sutton Images
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HRT has confirmed that its new Spanish headquarters will be in Madrid's Caja Magica.

The team was previously set to relocate permanently to Valencia, but has now announced it will be based at the Caja Magica - or 'Magic Box' - which hosts the Masters 1000 Madrid Open tennis. A team statement said that it will "coexist" with the tennis tournament, and expects to be able to move the first workers in to the new facility within a month. HRT CEO Saúl Ruiz de Marcos says that the relocation comes at the end of a very thorough process.

"For us it is fundamental to have a headquarters that, apart from uniting the team and ending with the dispersion, is beneficial from a logistical and industrial point of view," he said. "But that also enables us to maintain a closer relationship with our fans, suppliers and sponsors. Madrid and the Caja Mágica facilities fit perfectly with the standards we were looking for. In the last few months we have assessed different options, looked at their pros and cons, and we feel that the decision to establish our permanent headquarters in Madrid was the best one."

The team estimates that the new headquarters will be fully functional by May with the technical design office moving in progressively from early June, and team principal Luis Perez-Sala said that the move would be beneficial both for the team and the city of Madrid.

"We've been working hard for months and establishing our permanent headquarters was very important," Perez-Sala said. "Finding a space in which we could all work together was vital, in order to optimize work and generate a good team feeling, a sense of belonging. When the adaptation of the facilities is completed and every department starts working under the same roof in a few months, we will only have one step left to take, which is to have the design department in Madrid too. All this implies not only becoming a place to feel identified with and carry out activities for the team, its sponsors, suppliers and fans, but also an important reference in technology and R&D in the centre of Madrid."