Toyota Motorsport put out a statement earlier today saying that the company had ended its co-operation with Hispania, adding that it “will not resume.”
The team was intending to use a version of the stillborn 201o chassis with a Cosworth engine and Williams gearbox as a shortcut to a respectable package for next season. However, it could only be a temporary solution while Colin Kolles sorted out an alternative chassis for the longer term.
Kolles was bullish about prospects for next year when this blog spoke to him in Abu Dhabi. This morning he was spotted in deep conversation with the Carabante family, the main shareholders in the team.
If the Toyota deal really is dead then the only realistic option the team will have is to use this year’s Dallara-built cars once again.
The Toyota statement said: “Toyota Motorsport GmbH (TMG) confirms that all cooperation with Hispania Racing F1 Team (HRT) has been terminated and will not resume.
“TMG retains all intellectual property rights to its current F1 car and is completely free to pursue other projects and support new customers for its high-performance engineering services.
“TMG regrets that HRT has not met its contractual payment obligations and will pursue all available options to reach a satisfactory conclusion to this matter.”
HRT responded quickly with its own statement, saying that it was surprised by the Toyota news, and was seeking further clarification.