News Details
End of Formula 1 dream for Marussia
xt">Sad times for Marussia
The British-based Marussia Formula 1 team reached the end of the road on with some 200 staff told the company had ceased trading and they were being made redundant.
Administrators FRP Advisory announced the closure in a statement, saying the team had 'no sustainable operational or financial structure in place to maintain the Group as a going concern.
'The joint administrators have now ceased trading Marussia F1 Team and unfortunately have had to make the remaining staff redundant,' it added.
The staff, whose hopes might have been raised by the team appearing on a provisional entry list for the 2015 championship earlier in the week, were told in a long and...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
End of the Formula 1 dream for Marussia
Sad times for Marussia
The British-based Marussia Formula 1 team reached...
11y ago from GrandPrix247.com
Marussia F1 team closes
The British-based Marussia Formula One team reached the end of the road...
11y ago from SuperSport.com
Mercedes: Marussia a group of real racers
– Mercedes motorsport boss Toto Wolff says his team is "very...
11y ago from GPUpdate.net
Ecclestone: Too much F1 money badly distributed
Where does all the F1 cash go?
Formula One's commercial supremo Bernie...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati playing “catch-up” to Aprilia but insists...
No description available...
5h ago from Motorsport.com
Massimo Rivola: Aprilia has become the ‘benchmark’...
Massimo Rivola has admitted that Aprilia has become the current reference...
6h ago from MotorsportWeek.c...
Why Gresini has flirted with leaving Ducati in MotoGP
No description available...
1d ago from Motorsport.com
Jonathan Rea explains why ‘mental management’ will...
Jonathan Rea believes Toprak Razgatlioglu's chances of success in MotoGP...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
6d ago from Motorsport.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
3d ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
4d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
2d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
4d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
6d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Southampton social media brutally trolls Arsenal after...
Southampton’s social media team has added salt to the wounds of the...
5h ago from CaughtOffside.com
Alan Shearer makes bold Premier League title...
Newcastle United legend Alan Shearer believes that Arsenal will find it...
5h ago from SportsKeeda.com
Arsecast Extra Episode 689 – 05.04.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
4h ago from Arseblog.com
Mikel Arteta takes full responsibility for Arsenal's...
Arsenal boss Mikel Arteta attributed the team's 2-1 FA Cup quarter-final...
6h ago from SportsKeeda.com
Comments
Hottest News
Red Bull reveals why it is so far behind the competition in...
Red Bull is paying a heavy price for a decision... Read More »
2h ago from MotorsportWeek.com
Mekies: ‘We all agree’ F1 must bring back flat-out...
Red Bull team principal Laurent Mekies has made... Read More »
48m ago from F1i.com
Why didn't F1 replace the Bahrain and Saudi Arabian GPs?
There are no F1 races in April, much to the... Read More »
1h ago from GPFans.com
