News Details

Marussia enter administration

Marussia have entered administration and will miss this weekend's United States Grand Prix, it was confirmed on Monday.A statement released by the administrators, FRP Advisory LLP, said that with current owner Andrey Cheglakov no longer able to provide investment, the team had tried unsuccessfully to find backing elsewhere.The administrators have refused to rule out a return at either the Brazilian or Abu Dhabi GPs but added that Marussia's re-appearance - not to mention the futures of nearly 200 employees - depends on whether a buyer can be found.The statement, made by joint administrator Geoff Rowley, added that only a "very limited window of opportunity" exists for...
Full Story »
11y ago from SkySports.com 0
Share

You May Also Be Interested In...

Marussia in administration

Marussia have entered administration and will miss this weekend's United...
11y ago from SkySports.com

Marussia placed into administration

– The Marussia Formula 1 team has been placed into administration...
11y ago from GPUpdate.net

Marussia placed into administration, confirms it will...

The Marussia F1 Team has entered administration and will not compete at...
11y ago from RichlandF1.com

Administrators confirm Marussia will miss Austin

Marussia F1 Team Administrators acting on behalf of the Marussia Formula...
11y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Aggressive testing schedule planned ahead of Mick...

Following confirmation Mick Schumacher will make a switch to IndyCar next...

Mick Schumacher joins RLL in IndyCar switch

Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal v Bayern Munich – live blog

Join us for live blog coverage of our Champions League clash at home to...
45m ago from Arseblog.com

'Should feel a bit hard done by', 'Why not him' -...

Arsenal have announced their lineup for the crunch Champions League...
15m ago from SportsKeeda.com

Arsenal v Bayern Munich: Champions League – live

Champions League updates from the 8pm GMT kick-off<br>⚽ <a...
1h ago from TheGuardian.com

Cole Palmer close to fitness and could give Chelsea...

t;li>Palmer training with squad despite toe fractureForward out since...
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.