According to statement issued this afternoon, Thesan Capital has reached an agreement by which it has acquired a majority shareholding in Grupo Inversor Hispania from Jose Ramon 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.

Thesan Capital was formed 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.