News Details

Marussia officially shutting its doors

SAO PAULO, Nov 07, 2014 (AFP) - The Marussia Formula One team ceased trading and made nearly 200 staff redundant on Friday. Frantic final efforts to save the team from failure and to keep alive hopes of an entry to the world championship in 2015 were dashed in a statement from the team's administrators, appointed last month. The administrators FRP Advisory LLP instead confirmed the team was closing down after several bids to find a buyer had failed. Geoff Rowley, joint administrator, said: "It goes without saying that it is deeply regrettable that a business with such a great following in British and world motorsport has had to cease trading and close its...
Full Story »
10y ago from F1Plus.com 0
Share

You May Also Be Interested In...

Caterham and Marussia on 2015 F1 entry list

Caterham and Marussia on 2015 F1 entry listPosted On 05 Nov 2014By :...
10y ago from ThisIsF1.com

All 11 teams present on official 2015 FIA entry list

The FIA has published a new entry list for the 2015 Formula 1 season which...
10y ago from TheF1Times.com

Marussia ceases trading, administrators confirm

Administrators acting on behalf of Marussia have confirmed that the...
10y ago from F1Zone.net

Eleven teams on 2015 Formula 1 entry list

The FIA has published a 2015 Formula 1 entry list featuring 11 teams as...
10y ago from SpeedCafe.com

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...
12h ago from MotorsportWeek.c...

Francesco Bagnaia: Aragon MotoGP podium result feels...

A third-place finish for Francesco Bagnaia "felt like a...
18h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Santino Ferrucci issued post-race penalty but keeps...

The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...

Louis Foster reveals likely cause of scary 180MPH...

On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...

Detroit GP expected to remain downtown amid potential...

Following the conclusion of the Detroit Grand Prix, organizers have...

Popular On TotalWRC.com

Redemption for Ogier

One year on from losing victory on the final stage of Rally Italia...

Popular On GunnersToday.com

'Done & signed' – David Ornstein calms...

Arsenal's transfer move for Martin Zubimendi is done and signed, according...
41m ago from CaughtOffside.com

Arsenal & Manchester United target 'furious' with...

Sporting Lisbon striker Viktor Gyokeres is reportedly 'furious' at his...
2h 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...
2h ago from Arseblog.com

Tuchel: Liverpool, Arsenal have 'huge' PL title...

Thomas Tuchel says Liverpool and Arsenal will have a "huge"...
9h ago from SkySports.com

Comments

Hottest News

F1: 2026 calendar revealed

F1 has revealed the 2026 calendar, as Imola is... Read More »
41m ago from Pitpass.com

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.