Spanish team went into liquidation last month
Tuesday 11 December 2012 13:34, UK
A supplier owed money by HRT has accused them of giving "misleading information" and also confirmed that the Spanish team went into liquidation last month.
Formtech said HRT agreed the payment plan on November 15 - three days after they entered liquidation - with 25 per cent of the debt paid. Now, however, they are only willing to pay suppliers 30p for every Euro owed. Expressing their intention to "investigate further into the true shareholder ship of HRT and Thesan Capital SL", Formtech added: "It has come to our knowledge that [HRT] owe a substantial amount of money to other suppliers in the motorsports industry." When contacted by Sky Sports on Monday, a spokesperson for Thesan Capital could only confirm that the company is currently holding meetings with various suppliers.
