Thesan Capital Becomes Major HRT F1 Shareholder

 Thesan Capital Becomes Major HRT F1 Shareholder

Hispania Racing

Thesan Capital acquire a significant shareholding in Spanish Formula 1 team Hispania Racing

• The Spanish firm becomes the main shareholder of Grupo Inversor Hispania, current owner of the Formula 1 team.
• The objective of Thesan Capital is, maintaining the current team, to develop its strategy to grow in a market with a lot of potential for the upcoming years.

Thesan Capital major HRT shareholder
Thesan Capital major HRT shareholder

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Thesan Capital has reached an agreement by which it has acquired a majority shareholding in Grupo Inversor Hispania from José Ramón Carabante. Grupo Inversor Hispania is the main shareholder of Hispania Racing, owner of the sole Formula 1 license in Spain, under which Hispania Racing races. Thesan Capital thus becomes the controlling shareholder of the Spanish Formula 1 team.

The Spanish investment group will lead the development of Hispania Racing in the upcoming years, maintaining the current team and directors, which is one of the main assets of the company, and will try to develop and search for opportunities to optimize and improve the performance of the team in the upcoming seasons, alongside progressively making the team more Spanish and definitively settling the team in Spain.

The Thesan Capital team, who consider the acquisition of Hispania Racing as an opportunity to enter a sector with great prospects of growing, will work with the aim of strengthening the strategic management of the group.

About Hispania Racing

Hispania Racing, led until now by José Ramón Carabante, became, after making its debut in Bahrain in March of 2010, the first Spanish team in history to take part in the Formula 1 World Championship. After 19 races, the Spanish team was able to finish the Constructors Championship in eleventh place.

Hispania Racing’s official drivers since the start of the season have been Indian Narain Karthikeyan and Italian Vitantonio Liuzzi. Young driver Daniel Ricciardo has recently joined the team after the collaboration deal signed between Hispania Racing and Red Bull Racing.

About Thesan Capital

Thesan Capital forms in 2008 as a platform to develop investment opportunities such as “Principal Investor”, undertaking investments both as single investor and investing alongside its group of co-investors interested in the Iberian market.

Thesan Capital focuses on opportunities in all sectors with a general approach. It does not invest in “start-ups”. It carries out control investments, both in companies with a solid base that need a strong strategic reshuffle linked with an operational and/or financial restructure, and in traditional LBO’s (“leveraged buyouts”)with equity tickets worth more than 50 million euros, in public and private debt, through its alliance with Pamplona Capital Management. The firm has ample experience in complex and special situations.


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About this article
Series Formula 1
Drivers Narain Karthikeyan , Vitantonio Liuzzi , Daniel Ricciardo
Teams Red Bull Racing
Tags carabante, hrt, ricciardo, thesan