News Details

Marussia assets up for auction

As Administrators for Caterham continue to seek a buyer for the team, the assets of rivals Marussia have been put up for auction.The Banbury outfit which entered the sport (as Virgin) in 2010 lured, along with Caterham and Hispania, by the promise of a budget cap which would level the playing field, ceased trading at the beginning of the month, making 200 employees redundant.Still reeling from the horrific accident in Japan that left Jules Bianchi fighting for his life, Marussia managed one more race (Russia), albeit with just one driver, Max Chilton, on duty, before finally going under.Though, like Caterham, there had been glimmers of hope, the team and its assets are now up for auction...
Full Story »
10y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Marussia's assets to be auctioned off in December

Marussia's assets are to be auctioned off in mid-December by order of FRP...
10y ago from TheF1Times.com

Marussia equipment set to be auctioned off

– Assets belonging to Marussia will be auctioned off at the team's...
10y ago from GPUpdate.net

Caterham hopeful buyer will come through

Caterham pit garage in Abu Dhabi Caterham are talking to a potential buyer...
10y ago from GrandPrix247.com

Caterham hopeful buyer will come through

Caterham are talking to a potential buyer who could put the stricken...
10y ago from SuperSport.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

FOX acquires 33% stake in Penske Entertainment, IndyCar

Fox Corporation, parent company of broadcast company FOX Sports, has...

Colton Herta: IndyCar at Laguna Seca is a...

IndyCar’s latest visit to Laguna Seca produced rave reviews from...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...

Popular On GunnersToday.com

Arsenal vs Villarreal Prediction and Betting Tips |...

Arsenal resume their pre-season tour with another club friendly this week...
4h ago from SportsKeeda.com

Former Arsenal and Chelsea star David Luiz completes...

Former Arsenal and Chelsea defender David Luiz has joined Pafos FC. The...
9h ago from SportsKeeda.com

Thomas Partey close to joining Villarreal in week of...

t;li>Former Arsenal midfielder has denied rape chargesPartey has agreed...
12h ago from TheGuardian.com

Arsenal not alone in race to sign Jeremy Jacquet;...

Arsenal are not the only club eyeing a move for Jeremy Jacquet this...
11h ago from SportsKeeda.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.