The HRT Formula 1 team has confirmed it will relocate its headquaters to Madrid’s Caja Mágica in Spain.
The team is currently located in Valencia after moving many of its operations from Germany when it split with then team principal Colin Kolles.
The Spanish outfit will now be located in the the central sports facility, which it shares with the ATP Masters Tennis series.
“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,” said Saúl Ruiz de Marcos, HRT F1 Team CEO. “[It] 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. I want to thank Madrid Espacios y Congresos for the interest they have shown in this going ahead and I’m sure that this relationship will be very beneficial for everyone.”
Luis Pérez-Sala, Team Principal of HRT F1 Team, added: “We’ve been working hard for months and establishing our permanent headquarters was very important. Finding a space in which we could all work together was vital, in order to optimise 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.”
