HRT’s new partner is a Spanish businessman who helped bring Telefonica sponsorship to Minardi in the 1990s.
The team say the arrival of businessman Juan Villalonga will allow them to meet their aim of having “a much more competitive team”.
A statement released by the team said:
As soon as the agreement was made, both parts said that their partnership has been established to reinforce the team, create and strengthen the project of the first ever Spanish Formula 1 team. The immediate aim, following the recently announced agreement with Williams F1, is to be able to have a much more competitive team. Jose Ramon Carabante and Juan Villalonga met [Bernie] Ecclestone to explain the project and the future of Hispania Racing.
Villalonga’s role will involve bringing new sponsors to the cash-strapped team. Owner Jose Ramon Carabante said:
He has always felt, as I do, a clear passion for motorsport.
We will substantially strengthen our ability to generate innovative activities in marketing and sponsorship with his incorporation.
We will also be able to make the best of his leadership, knowledge and relationships in the fields of Technology and Communications, and therefore be able to fully exploit the opportunities we are given after this tough first year.
Jose Ramon Carabante
Villalonga said ?σΤιΌ?τthe key is the quality and not the quantity of sponsors?σΤιΌ?Ψ, adding:
Formula One is always associated with innovation, research and technology, and Hispania Racing must be represented on that level, with a stable leadership
During a five-year tenure with Spanish telecommunications firm Telefonica from 1996 to 2000 Villalonga brought them into F1 by sponsoring Minardi.
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