News Details

Marussia F1 hopes boosted as it hopes to exit administration

AP Photo/Yves Logghe Marussia hopes to exit administration this month, boosting the Formula One team's hopes of lining up in the season-opening race on March 15. Marussia missed the final three Grands Prix last year after heavy debts forced it into administration in October, along with Caterham. It was provisionally entered for 2015 under the name of Manor, and hopes were initially raised last month after a planned auction to sell the team's remaining assets was cancelled. Marussia wants to exit administration on Feb. 19 via a Company Voluntary Arrangement (CVA). The team's co-administrator, Geoff Rowley, says a CVA, agreed with company creditors, 'allows for a turnaround of...
Full Story »
10y ago from F1Pulse.com 0
Share

You May Also Be Interested In...

Marussia set to exit administration this month

– Marussia's administrators have announced that the team is set to...
10y ago from GPUpdate.net

Marussia set to exit administration on February 19

Sky Sports News HQ’s Craig Slater has the latest on Marussia:...
10y ago from ThisIsF1.com

Marussia set to exit administration

Marussia F1 Team The beleaguered Marussia outfit is set to exit...
10y ago from F1Zone.net

Marussia to exit administration on February 19, could...

+ The former Marussia team will exit administration on February 19 via a...
10y ago from RichlandF1.com

Elsewhere On The Network

Popular On MGPToday.com

Motorsport Week's Top 10 MotoGP riders of 2025

The 2025 MotoGP season had it all. With 22 rounds and 44 races, the...

Popular On IndyCarToday.com

Race start times for 2026 IndyCar season announced

The NTT IndyCar Series has announced the race broadcast start times for...

Popular On TotalWRC.com

Popular On GunnersToday.com

'He is fighting the ball' - Paul Merson claims one...

Arsenal legend Paul Merson believes striker Viktor Gyökeres is trying too...
1h ago from SportsKeeda.com

Arsecast Extra Episode 673 – 28.12.2025

Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
1h ago from Arseblog.com

Arsenal 2-1 Brighton: Gunners go back on top after...

Match report – Player ratings – Arteta reaction – Video...
6h ago from Arseblog.com

'It feels like a basketball match kind of energy' -...

Former Arsenal striker Ian Wright noted the Gunners' struggles up front in...
8h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.