The HRT team has confirmed it will move its headquarters to Madrid's Caja Magica, a sports structure in Spain's capital which also hosts the ATP Master Series of tennis on a yearly basis.
The team had originally considered Valencia, where it's currently based, but it has finally reached a deal with the Caja Magica, where it will locate its permanent headquarters.
"For us, it is fundamental to have a headquarters that, apart from uniting the team and ending with the dispersion, is beneficial from a logistical and industrial point of view," said team CEO Saul Ruiz de Marcos. "But that also enables us to maintain a closer relationship with our fans, suppliers and sponsors. Madrid and the Caja Magica facilities fit perfectly with the standards we were looking for.
"In the last few months, we have assessed different options, looked at their pros and cons, and we feel that the decision to establish our permanent headquarters in Madrid was the best one. I want to thank Madrid Espacios y Congresos for the interest they have shown in this going ahead and I'm sure that this relationship will be very beneficial for everyone."
According to the team, the headquarters won't only be a technological center, "but also a way of getting closer to the public, sponsors, suppliers and collaborators with accessible areas such as a future museum, guided tours or a conference area, while also becoming a formation center."
Team principal Luis Perez-Sala added: "We've been working hard for months and establishing our permanent headquarters was very important. Finding a space in which we could all work together was vital, in order to optimize work and generate a good team feeling, a sense of belonging.
"When the adaptation of the facilities is completed and every department starts working under the same roof in a few months, we will only have one step left to take, which is to have the design department in Madrid, too.
"All this implies not only becoming a place to feel identified with and carry out activities for the team, its sponsors, suppliers and fans, but also an important reference in technology and R&D in the center of Madrid."