Luis Pérez-Sala has spoken out for the first time since HRT's demise, with the Spanish outfit forced to shutdown its Formula 1 operation at the end of the 2012 season. Owners Thesan Capital had put the squad up for sale prior to the United States Grand Prix in November, but a buyer was not found in time.
Entering F1 as Hispania Racing back in 2010, HRT continually struggled for long-term financial stability. Going through a renaming process before its very first race, when Campos Meta had to be rescued by businessman José Ramón Carabante, it passed through the hands of various owners and ultimately ground to a halt when it failed to obtain investment.
Pérez-Sala, who held the role of Team Principal throughout the 2012 campaign, says the outcome was simply unavoidable. Speaking to daily Spanish newspaper Mundo Deportivo, he explained: "It was impossible to go on. When we took charge of the team we were promised help which did not arrive."
HRT's highest ever race finish was achieved at the rain-hit Canadian Grand Prix of 2011, with Italian driver Vitantonio Liuzzi taking the chequered flag in 13th place.
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