News Details

Marussia burns up £140m of losses in just three years

Marussia has lost more money than any other UK-based Formula One team over the past three years according to new research which reveals that its total losses have accelerated to £140.6m since it joined the sport in 2010.As the following list shows, Marussia's deficit comes to nearly half of the combined £320.2m of losses burned up by the nine teams which file publicly available financial statements. Eight of them, including Marussia, are based in the UK with Toro Rosso being the only foreign team to file public accounts. Swiss-based Sauber is not obliged to do this and the finances of Ferrari's F1 team aren't subject to public scrutiny as they are included within the car...
Full Story »
11y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Bianchi: It felt like a victory to me

Marussia crowned its hero Jules Bianchi in Monaco, after the French...
11y ago from GrandPrix247.com

Exclusive interview with Monisha Kaltenborn

auber has endured a challenging start to the 2014 Formula 1 campaign,...
11y ago from GPUpdate.net

French GP at Magny-Cours set for 2015 return

The French Grand Prix could be set for a return as early as 2015 according...
11y ago from TheF1Times.com

Kobayashi unhappy with Bianchi pass

Caterham F1 Team Kamui Kobayashi revealed his unhappiness with Marussia's...
11y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Strongest season yet for Pato O’Ward has been...

Pato O’Ward is having the best IndyCar season of his career, and is...

McLaren to auction future F1, IndyCar and WEC cars in...

McLaren is to auction future F1, IndyCar and World Endurance Championship...

Chip Ganassi: ‘We’re spoiled’ having drivers...

Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...

Popular On TotalWRC.com

Popular On GunnersToday.com

“We never spoke” - Arsenal star Riccardo Calafiori...

Arsenal defender Riccardo Calafiori has outlined why he didn't text...
51m ago from SportsKeeda.com

Insider provides worrying Arsenal update amid West Ham...

Arsenal are hoping to make a number of sales between now and the end of...
51m ago from CaughtOffside.com

Paul Scholes responds with 3-word request after...

Manchester United legend Paul Scholes had a three-word request for his...
3h ago from SportsKeeda.com

‘Not up to our usual standards’: Bukayo Saka sees...

t;li>‘Our decision-making was not great and that cost us’David Raya...
2h ago from TheGuardian.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.