News Details
Fears third F1 team could collapse – reports
There are fears a third team could follow Caterham and Marussia out of F1 as the new year beckons.
Caterham, although still in administration, is hoping to race in 2015 but Marussia's assets and factory are being sold to pay back creditors.
F1 business journalist Christian Sylt wrote in the Telegraph that the team's engine and technology suppliers Ferrari and McLaren, for example, are owed $25 and $11 million respectively.
Sylt said administrator Geoff Rowley acknowledged that Marussia is unlikely to race in 2015.
Now there are fears a third team could collapse, potentially reducing the 2015 grid to just 16 cars. Last year, 11 teams began the championship, filling a 22-car grid.
But the...
Full Story »
Full Story »
10y ago from ThisIsF1.com
0
You May Also Be Interested In...
Ferrari, McLaren take a hit from Marussia collapse
Ferrari and McLaren stand to lose millions as a result of the collapse of...
10y ago from ThisIsF1.com
Ferrari, McLaren lose millions from Marussia collapse
The collapse of Marussia isn't just a loss for Formula 1 and the team's...
10y ago from TheF1Times.com
Ferrari not ruling out 2016 seat for Raikkonen
Kimi Raikkonen will need to prove in 2015 that he deserves another year...
10y ago from ThisIsF1.com
Engine expert Mario Illien starts tasks with Renault F1
Renault's F1 chief Cyril Abiteboul has hailed the new collaboration with...
10y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Manu González to make MotoGP debut with Aprilia...
No description available...
14h ago from Motorsport.com
Marc Marquez explains how he stopped taking “too...
No description available...
15h ago from Motorsport.com
MotoGP Aragon GP: Marc Marquez fights back for sprint...
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
Detroit GP expected to remain downtown amid potential...
Following the conclusion of the Detroit Grand Prix, organizers have...
2d ago from MotorsportWeek.c...
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
5d ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
5d ago from Motorsport.com
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
11h ago from Motorsport.com
Ogier in charge on WRC Italia Sardegna
Sébastien Ogier stretched his Rally Italia Sardegna lead on Saturday...
11h ago from MotorsportWeek.c...
Sebastien Ogier survives brutal Sardinia Saturday with...
No description available...
15h ago from Motorsport.com
Sebastien Ogier leads Rally Sardinia as Adrien...
No description available...
20h ago from Motorsport.com
Popular On GunnersToday.com
Sources: Arsenal, Man United & Chelsea to battle...
Premier League clubs are stepping up their efforts to sign up FC Porto's...
1h ago from CaughtOffside.com
Chelsea's 65 million target open to joining Arsenal -...
Spain forward Nico Williams is reportedly open to a move to Arsenal this...
13h ago from SportsKeeda.com
Chelsea star agrees to join Arsenal as Mikel Arteta...
Arsenal are reportedly close to signing Chelsea goalkeeper Kepa...
16h ago from SportsKeeda.com
Deal in process: Ornstein confirms player has agreed...
Chelsea goalkeeper Kepa Arrizabalaga is now closing in on a move to...
16h ago from CaughtOffside.com
Comments
Hottest News
F1 champion shocked over Red Bull treatment of Max...
A two-time Formula 1 world champion has expressed... Read More »
53m ago from GPFans.com
Lewis Hamilton pinpoints major Ferrari difference to...
Lewis Hamilton is taking time to adjust to... Read More »
2h ago from RacingNews365.com
Ex-F1 driver urges Ferrari to back Lewis Hamilton or risk...
Former F1 driver Juan Pablo Montoya has called... Read More »
33m ago from MotorsportWeek.com
