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Marussia downplay biggest loss in F1
Marussia have recorded the biggest financial loss in Formula One history, but the team are confident they have turned the corner.
Lotus produced motorsport's worst set of financial records in May this year as they made a loss of £56 million, but Marussia have outdone them as they lost £57.6 million last year.
Although the numbers make for poor reading, the team are convinced things will be better next year as their investors have moved to clear £130 million worth of debt.
More good news for the squad is the fact that they have signed the Concorde Agreement, which entitles them to financial reward at the end of the season.
"The figures make frightening reading at first...
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12y ago from PlanetF1.com
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