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I would not at all be suprised if Hispania were purchased by Chinese investors with Ho-Pin Tung driving for them. HRT are talking big, claiming that they're going after tenth place in the WCC this year. Based on their performance in Canada, they might be able to pull it off - they certainly have a better chance of beating Fernandes than Virgin do. If they do it with a sponsorless car, they're going to be hot property the way Honda were at the end of 2006 (but hopefully better-managed). With China producing two excellent races in 2010 and 2011 - not to mention the ever-increasing crowd numbers in Shanghai - the sport is gathering a lot of momentum.
I honestly don't see HRT being purchased anytime soon. I don't think Chinese are that interested in F1 as yet to get their own team going, and if they are, it won't be HRT that will be bought. HRT is on solid ground and as far as I know their owners have no intention of selling. They want sponsorship at the moment, which they are slowly getting.
Chinese are more likely to do their own thing and try to get the 13th spot rather than buy an existing team, simply because none of the existing teams, bar Torro Rosso, would ever consider selling out.