News Details
Marussia ‘cease trading’ as buyer not forthcoming
Administrators have confirmed that the Marussia F1 Team have ceased trading and will not be competing at Abu Dhabi after a buyer was not forthcoming.
The team had a deadline of today to get a buyer and had been frantically seeking investment, but with no one suitable coming forward in time, the team have been forced to close their doors and make their 200 staff redundant.
Geoff Rowley, the joint administrator of FRP Advisory LLP dealing with the Marussia situation, said it was regrettable that the team had to close their doors after making progress this season.
'It goes without saying that it is deeply regrettable that a business with such a great following in British and world motorsport...
Full Story »
Full Story »
10y ago from TheCheckeredFlag.co.uk
0
You May Also Be Interested In...
Marussia ceases trading
The Marussia Formula 1 team have ceased trading with over 200 employees...
10y ago from PlanetF1.com
Marussia ceases trading
Administrators have announced that the Marussia team has ceased trading,...
10y ago from Pitpass.com
Marussia F1 team ceases trading
Getty Images Enlarge Marussia's administrators have confirmed the...
10y ago from espnF1.com
Marussia ceases trading, staff made redundant
– Marussia's administrators, FRP Advisory, confirmed on Friday that...
10y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Maverick Vinales tops the timesheets at Aragon MotoGP...
Tech3 KTM rider Maverick Vinales topped the timesheets after breaking the...
10h ago from MotorsportWeek.c...
Rider radios tried again in Aragon MotoGP test
No description available...
14h ago from Motorsport.com
Francesco Bagnaia: Aragon MotoGP podium result feels...
A third-place finish for Francesco Bagnaia "felt like a...
16h ago from MotorsportWeek.c...
Winners and losers from MotoGP's 2025 Aragon GP
No description available...
19h ago from Motorsport.com
Popular On IndyCarToday.com
AJ Foyt Racing fined $25K, lose championship points...
No description available...
1w ago from Motorsport.com
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
1w ago from MotorsportWeek.c...
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
1w ago from MotorsportWeek.c...
Detroit GP expected to remain downtown amid potential...
Following the conclusion of the Detroit Grand Prix, organizers have...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Sebastien Ogier stays aloof from WRC title fight...
No description available...
1d ago from Motorsport.com
Redemption for Ogier
One year on from losing victory on the final stage of Rally Italia...
1d ago from MotorsportWeek.c...
Sebastien Ogier takes record-breaking WRC Sardinia...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal & Manchester United target 'furious' with...
Sporting Lisbon striker Viktor Gyokeres is reportedly 'furious' at his...
53m ago from CaughtOffside.com
Hale End, holidays & the final hours of window one
Morning all, as Andrew mentioned yesterday, he’s off on a well-deserved...
23m ago from Arseblog.com
Tuchel: Liverpool, Arsenal have 'huge' PL title...
Thomas Tuchel says Liverpool and Arsenal will have a "huge"...
7h ago from SkySports.com
Bukayo Saka overcomes self-doubt to return ‘more...
land and Arsenal forward struggled after 5am surgery on Christmas Eve but...
8h ago from TheGuardian.com
Comments
Hottest News
2026 F1 calendar revealed
The 2026 Formula 1 calendar has been publicly... Read More »
52m ago from RacingNews365.com
F1 2026 schedule revealed: Australian opener, Monaco moved,...
Formula 1 has confirmed a 24-race schedule for... Read More »
43m ago from SkySports.com
Formula One reveals calendar for the 2026 season
Formula 1 and the FIA have announced the calendar... Read More »
43m ago from F1Technical.net
