Scorpion move 'too late' - Ecclestone
Scorpion Racing's hopes of being on the grid for the new Formula One season have been dismissed by supremo Bernie Ecclestone.
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It is understood a group of Canadian and American investors are at an advanced stage with regard to purchasing defunct Spanish marque HRT, who were liquidated at the end of last year.
The group, which would apparently set up their base at Silverstone and use updated versions of last year's HRT cars, are believed to be close to completing due diligence.
However, given the FIA's entry deadline for this season closed at the end of November, it is highly unlikely motor sport's world governing body would bend the rules to allow Scorpion Racing to compete.
Ecclestone said: "I've spoken to them and told them to get in touch with the FIA and ask for an entry.
"They want to buy all the bits from HRT, then form a company and ask for an entry, but I personally don't think it will happen. It's all a bit too late. Maybe they could do it for next year."
The FIA has confirmed they have received nothing substantial so far from Scorpion Racing, and will only evaluate the matter when they get something more concrete.