HRT team unlikely to race next season

Mon, Dec 3, 2012, 00:00

FORMULA ONE:Formula One looks likely to be reduced to 11 teams next season after the official 2013 championship entry list was published without struggling Spanish-based HRT on it.

The 22-car list was published on the governing International Automobile Federation’s website fia.comon Saturday after the expiry of Friday’s deadline for teams to pay their entry fees.

Under the 2013 sporting regulations, Madrid-based HRT was required to pay entry fees of $500,000.

The owners of HRT, which has not scored a point in its three-year existence, said last month that the team was up for sale and talks were under way.

FIA sources indicated that HRT could yet be added to the list if it paid up , while Spain’s AS newspaper reported that HRT had been allowed more time to try and find a buyer.

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