News Details
Marussia to be wound up
Marussia's administrators confirmed on Friday that the Formula 1 team is to be wound up, with the loss of about 200 jobs.The confirmation brings an end to hopes that the team, who were taken into administration almost two weeks ago, would make a return to the grid in time for the last race of the season in Abu Dhabi later this month.'It goes without saying that this is deeply regrettable,' Sky Sports News HQ quoted Geoff Rowley, joint administrator, and partner at FRP Advisory, as saying.Indications had pointed towards a rescue package for Marussia, formerly owned by Russian billionaire Andrei Cheglakov and who first joined the grid in 2010 as Virgin Racing.British-Indian brothers Baljinder...
Full Story »
Full Story »
11y ago from SkySports.com
0
You May Also Be Interested In...
Marussia ceases trading, administrators confirm
Administrators acting on behalf of Marussia have confirmed that the...
11y ago from F1Zone.net
Marussia F1 Team ceases trading
The Marussia F1 Team has folded and its staff made redundant, the team's...
11y ago from Crash.net
Two-week deadline for Caterham
Caterham's administrators have said the team will probably be wound up in...
11y ago from SkySports.com
Marussia fold after crisis talks
The Marussia F1 team have folded, according for the team's...
11y ago from BBC.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Guenther Steiner: "You need to listen before you...
No description available...
3h ago from Motorsport.com
Fabio Quartararo admits he was “too optimistic”...
No description available...
4h ago from Motorsport.com
Marco Bezzecchi after record-breaking Thailand lap:...
No description available...
6h ago from Motorsport.com
Ducati “shouldn’t panic” if Marco Bezzeccchi...
No description available...
7h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O'Ward: "I'm tired of IndyCar being like the...
No description available...
52m ago from Motorsport.com
First look at Mick Schumacher's livery as he previews...
No description available...
1h ago from Motorsport.com
McLaren and Chip Ganassi Racing reach final settlement...
No description available...
4h ago from Motorsport.com
McLaren, Chip Ganassi and Alex Palou release...
McLaren, Chip Ganassi and Alex Palou have released statements after a...
4h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
1d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
2d ago from Motorsport.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal leading the race for 19-G/A Liverpool and Man...
Arsenal are front-runners to sign Newcastle United winger Anthony Gordon,...
1h ago from CaughtOffside.com
'Then gaps will appear' - John Terry explains how...
Premier League Hall of Famer John Terry has told Chelsea how to get the...
22m ago from SportsKeeda.com
'They’ll have too much for them' - Alan Shearer...
Premier League Hall of Famer Alan Shearer has backed Arsenal to beat...
2h ago from SportsKeeda.com
Champions League last 16: tie-by-tie analysis and...
enal and Liverpool will fancy their chance of making the quarter-finals,...
2h ago from TheGuardian.com
Comments
Hottest News
F1 fans fume at prices for new Lando Norris merch line
F1's newest drivers' champion Lando Norris has... Read More »
52m ago from GPFans.com
Aston Martin reminded of vital Honda factor in early F1...
Honda's unique position among F1's power unit... Read More »
42m ago from RacingNews365.com
Red Bull sign blockbuster new deal 'worth more than $100...
Red Bull F1 have extended a key partnership, in a... Read More »
1h ago from GPFans.com
