News Details
Marussia follow Caterham into administration
The Marussia Formula One team have followed rivals Caterham into administration, administrators FRP advisory said in a statement on Monday. Neither team will be competing in this week's US Grand Prix in Austin, Texas, leaving just nine teams and 18 cars on the starting grid. "With the existing shareholder unable to provide the required level of funding, the (Marussia) senior management team has worked tirelessly to bring new investment to the team to secure its long term future, but regrettably has been unable to do so within the time available," said FRP's joint administrator Geoff Rowley. "Therefore, they have been left with no alternative but to place the Company into...
Full Story »
Full Story »
11y ago from SuperSport.com
0
You May Also Be Interested In...
Administrators confirm Marussia will miss Austin
Marussia F1 Team
Administrators acting on behalf of the Marussia Formula...
11y ago from F1Zone.net
Marussia administration statement in full
The statement issued by FRP Advisory LLP, the administrators of the...
11y ago from Pitpass.com
Marussia to join Caterham in administration – report
Marussia to join Caterham in administration – reportPosted On 26...
11y ago from ThisIsF1.com
Marussia placed into administration
– The Marussia Formula 1 team has been placed into administration...
11y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Honda pinpoints potential ‘advantage' ahead of...
Honda technical director Romano Albesiano believes there is one specific...
1d ago from MotorsportWeek.c...
Toprak Razgatlioglu’s manager backs Pramac...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Scott McLaughlin: Arlington “instantly my most...
No description available...
1h ago from Motorsport.com
McLaughlin sets the early pace in IndyCar’s first...
The NTT IndyCar Series took to the track on a brand new street course...
2h ago from MotorsportWeek.c...
IndyCar drivers praise Fast Six qualifying format...
No description available...
3h ago from Motorsport.com
Pato O'Ward on the 'red flag' that has prevented an...
No description available...
6h ago from Motorsport.com
Popular On TotalWRC.com
WRC Safari Rally Kenya: Why 'you would be faster with...
No description available...
6h ago from Motorsport.com
Solberg clings on to Safari Rally lead as Ogier hunts...
Oliver Solberg started Friday with a 33.3 second lead over Elfyn Evans...
7h ago from MotorsportWeek.c...
WRC Safari Rally Kenya: Oliver Solberg hangs on to...
No description available...
8h ago from Motorsport.com
WRC Safari Rally Kenya: Solberg leads as Ogier hauls...
No description available...
13h ago from Motorsport.com
Popular On GunnersToday.com
Fabian Hurzeler reveals text message he sent Arteta...
Brighton & Hove Albion manager Fabian Hurzeler has revealed that he texted...
1h ago from SportsKeeda.com
Report: London outfit have a deal in place with...
Arsenal midfielder Dan Casey is all set to complete a move to Fulham....
3h ago from CaughtOffside.com
Arsenal & Chelsea in 'very serious' talks to sign...
Atletico Madrid striker Julian Alvarez has been linked with a move away...
4h ago from CaughtOffside.com
Arsenal preparing ‘formal offer' for 48-goal...
Arsenal are very interested in signing Leon Goretzka at the end of the...
4h ago from CaughtOffside.com
Comments
Hottest News
Honda issue official statement as Aston Martin F1 nightmare...
Honda have issued an official statement at the... Read More »
4h ago from GPFans.com
Adrian Newey blasted for Aston Martin disaster: 'He should...
Former F1 team manager Peter Windsor has... Read More »
8h ago from GPFans.com
Popular F1 pundit finds new TV home after Sky Sports exit
Rejoice, Damon Hill fans! The 1996 F1 world... Read More »
1h ago from GPFans.com
