NASCAR Cup Series

Hispania parts ways with team principal Kolles

Published Dec. 15, 2011 5:20 a.m. ET

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Hispania Racing Team says it has parted ways with team principal Colin Kolles after two seasons.

The Spanish Formula One racing team said on Thursday that the decision ''is due to the new direction that the team has taken'' and thanked Kolles ''for his work and dedication.''

Investment firm Thesan Capital bought HRT in July.

The team has yet to win a point in two seasons in F1.

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