[citation needed] The car's development had a chequered history before it was even built, with an arrangement with the remains of Toyota Racing to give the team access to the abandoned TF110 project falling through before it could even be completed,[citation needed] with Toyota citing the uncertain financial condition of the team as the leading cause in the failed joint venture.

The team was unable to conduct any testing as key suspension parts that had been flown into the country had not been released by Spanish customs.

[3] The F111 completed its first timed lap in the last 10 minutes of the third practice session of the 2011 Australian Grand Prix, driven by Karthikeyan.

At the Spanish Grand Prix, only Karthikeyan was able to finish the race, while Liuzzi retired with a gearbox problem.

In Canada Canadian Grand Prix the team enjoyed their best race to date with Liuzzi and Karthikeyan finishing in 13th and 14th places respectively, ahead of both Virgin drivers and one of the Lotus.

On 22 October 2011, a few days before the inaugural Indian Grand Prix, Hispania announced that Karthikeyan would drive in place of Liuzzi rather than Ricciardo.