I think you have it partly right Torana.
from what i have gathered Tom Walkinshaw is back as head/owner for HRT. I guess that also includes HSV Dealer Team and possibly PWR as well i'm not really sure. However, it seems that Holden were looking into getting someone to take over from skaife as head honcho, i guess tom was available and with his past record they chose him. I am guessing Tom put some of his own money into it again, lets hope he doesn't go bankrupt again, and you said it - surprise sruprise a completely red livery again.
Also, Skaife didn't relinquish complete control, he still has a percentage their and obviously has a say in the workings of the team.
But don't think skaife is only doing his driving, he is still on the board for HSV, not one single HSV vehicle goes into production with out his signature, he also sits on the ARDC committee, and last i heard he is still the V8Supercar drivers representative.
Plus, how many people have proven that owner drivers just don't work.
Perkins, Johnson, Seton, Larkham, now skaife and the list goes on. Lets just hope that Bright trips over this same hurdle.