HRT has released a brief statement explaining that the outfit has parted company with Team Principal Colin Kolles. His post will officially be abandoned on Thursday. Kolles has been with the squad formerly known as Hispania since its Formula 1 debut.
Rumours of a Kolles departure strengthened in June and, with the team having since been purchased by the Spanish Thesan Group, a restructuring is now taking place.
The statement reads:
‘Spanish outfit HRT F1 Team and Dr. Colin Kolles have reached an agreement to end their cooperation and therefore the Team Principal will abandon his post on the 15th of December 2011.
This is due to the new direction that the team has taken and the decision of the new management to move the team headquarters to Spain.
HRT F1 Team would like to thank Dr. Colin Kolles for his work and dedication throughout these past two years and wish him the best in his future projects.’
Kolles has formerly worked in F1 with Midland, Spyker and Force India as the team originally known as Jordan evolved through various guises.
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