News Details
Marussia still owes Timo Glock $1m – source
The collapsing F1 backmarker Marussia still owes a whopping $1 million to its former driver Timo Glock.
The debt was discovered by the F1 business and Formula Money journalist Christian Sylt in the team's administration documents.
It shows that German driver Glock, who raced for Marussia and its former guise Virgin between 2010 and 2012, is one of the dozens of parties owed the most by the team.
Only Ferrari, McLaren, Pirelli and the hospitality company Freeman's – owed a combined total of $37 million – are owed more.
All together, Marussia owes almost $50 million to creditors, but administrator Geoff Rowley told the Telegraph that they 'will suffer a significant shortfall'...
Full Story »
Full Story »
10y ago from ThisIsF1.com
0
You May Also Be Interested In...
Fears third F1 team could collapse – reports
There are fears a third team could follow Caterham and Marussia out of F1...
10y ago from ThisIsF1.com
Ferrari, McLaren take a hit from Marussia collapse
Ferrari and McLaren stand to lose millions as a result of the collapse of...
10y ago from ThisIsF1.com
American F1 team Haas acquired Marussia factory
Haas, the new American F1 team for 2016, has reportedly acquired...
10y ago from ThisIsF1.com
Merry Christmas from ThisisF1.com
ThisisF1.com wishes all our readers, advertising partners, and other...
10y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Motegi remains on MotoGP calendar through 2030
MotoGP has officially confirmed that the Japanese Grand Prix at Motegi...
20h ago from MotorsportWeek.c...
Marco Bezzecchi explained what ‘key moment' he...
Marco Bezzecchi explained his first lap was the "key moment"...
1d ago from MotorsportWeek.c...
MotoGP constructors push for F1-style ‘Concorde...
No description available...
1d ago from Motorsport.com
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Why Rinus VeeKay believes there's more to come after...
No description available...
1d ago from Motorsport.com
The Winners and Losers of IndyCar’s 2025 Indy Toronto
No description available...
2d ago from Motorsport.com
O’Ward explains the multiple steps that came...
Pato O’Ward won Sunday’s IndyCar race from the streets of Toronto,...
2d ago from MotorsportWeek.c...
Kyffin Simpson’s confidence ‘very high right...
When Kyffin Simpson crossed the finish line in Sunday’s Honda Indy...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
5d ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
2d ago from Motorsport.com
Oliver Solberg stuns with maiden WRC victory in Estonia
Oliver Solberg and Elliot Edmondson stunned the WRC elite with a...
3d ago from MotorsportWeek.c...
How the WRC service park reacted to Oliver Solberg's...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal 1-0 AC Milan – observations
Morning. Arsenal's first public game of pre-season took place last night,...
4h ago from Arseblog.com
Player ratings: Arsenal 1-0 AC Milan
Arsenal edged out AC Milan 1–0 in a pre-season clash in Singapore, with...
6h ago from FreshArsenal.com
The North London Blueprint: A Real Gooner's Take on...
You can feel it, can't you? It's not just hope anymore. For years, hope...
10h ago from FreshArsenal.com
Arsecast Extra Episode 650 – 24.07.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
4m ago from Arseblog.com
Comments
Hottest News
F1 News Today: FIA announce Max Verstappen inspection...
The FIA have announced the outcome of an... Read More »
24m ago from GPFans.com
Max Verstappen 'bad luck' pinned as title defence struggles...
Max Verstappen has a 69-point deficit to recover... Read More »
53m ago from RacingNews365.com
What Happened to Michael Schumacher? A Look at His Accident...
Over a decade has passed since Michael... Read More »
2h ago from Formula1News.co.uk
