Formula One 2013 season could see eleven teams competing. This after a BBC report cited that Hispania Racing Team's name did not figure in the list of teams released by FIA for the next season.
It was announced last month that the owners of the Spanish Formula One team are in talks with a number of companies and have put the team up for sale. This after the team, founded in 2010, failed to collect points in any of its three seasons.
In the latest development, HRT's name failed to figure in the 22-car list released by FIA following last Friday's deadline for teams to pay their entry fees.
HRT's fortune - on a low since its inception - took a further dip this year as it finished at the bottom after beating Marussia in the previous two years. India's Narain Karthikeyan and veteran Pedro de la Rosa failed to register decent performances.