News Details
Marussia demise costs Ferrari, McLaren
Ferrari and McLaren are set to lose close to a combined £25 million following Marussia's collapse, according to a report.
Marussia went into administration in October and the team ceased trading a few weeks later with more than 200 employees made redundant while some of the assets were auctioned off in December.
The Sunday Telegraph reports that documents from administrators FRP Advisory has revealed that Ferrari and McLaren suffered heavy losses as a result of their financial woes.
Ferrari, who were Marussia's engine suppliers, are set to lose £16.6m ($25.81 million) while McLaren are likely to have to write off £7.1m ($11.04 million) following their technical partnership...
Full Story »
Full Story »
10y ago from PlanetF1.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
Marussia fall-out hits F1 big guns
While it appears that F1's biggest teams remain unconcerned about the...
10y ago from Crash.net
McLaren-Honda back in-season engine development
McLaren-Honda's racing director Eric Boullier fears Mercedes will enjoy a...
10y ago from TheF1Times.com
Elsewhere On The Network
Popular On MGPToday.com
Miguel Oliveira: I did my best to stay in MotoGP but...
No description available...
52m ago from Motorsport.com
Jorge Lorenzo shares his ‘theory' on the cause...
Five-time MotoGP champion Jorge Lorenzo believes that multiple factors...
22h ago from MotorsportWeek.c...
How Aprilia believes it “overreached our target”...
No description available...
20h ago from Motorsport.com
Pedro Acosta brands 2025 MotoGP season a “wasted...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
2d ago from MotorsportWeek.c...
Mick Schumacher hails IndyCar racing as "the way...
No description available...
2d ago from Motorsport.com
Mick Schumacher joins RLL in IndyCar switch
Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...
3d ago from MotorsportWeek.c...
Mick Schumacher makes IndyCar switch with RLL in 2026
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
WRC Saudi Arabia: Why there’s “absolutely no...
No description available...
13h ago from Motorsport.com
WRC Saudi Arabia: Adrien Fourmaux leads, Elfyn Evans...
No description available...
16h ago from Motorsport.com
Title advantage to Ogier as Sesks, Pajari star in...
After the opening super special stage in Jeddah on Wednesday evening, won...
19h ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal and Chelsea open initial talks to sign...
Arsenal and Chelsea are looking to build for the future, and they have...
1h ago from CaughtOffside.com
Sources: Man City 'would love to sign' PL star but...
Manchester City have a strong interest in Newcastle United full-back Tino...
42m ago from CaughtOffside.com
Agreement soon: David Ornstein delivers major Arsenal...
Arsenal fully expect to agree a new contract with star player Bukayo Saka...
2h ago from CaughtOffside.com
Huge boost for Chelsea & Arsenal in pursuit of...
Chelsea and Arsenal reportedly look to have been handed a boost in their...
2h ago from CaughtOffside.com
Comments
Hottest News
F1 Store launch HUGE Black Friday sale with 70% off 2025 kit
The biggest sale of the F1 season has begun to... Read More »
32m ago from GPFans.com
Inside the FIA-F1 driver summit in Qatar: What was the...
Formula 1’s drivers sat down with FIA... Read More »
32m ago from F1i.com
Verstappen goes ‘all-in’ – ready to ‘make it...
Max Verstappen heads into the Qatar Grand Prix... Read More »
2h ago from F1i.com
