News Details

Struggling F1 teams still face uncertain future

Less than a month before official winter testing begins, the future of the ailing backmarkers Marussia and Caterham remains unclear. Marussia's administrators have auctioned team equipment, and the factory at Banbury could even be sold to the new American team for 2016, Haas. That is to pay back a long list of creditors, with Forbes journalist Christian Sylt saying even staff are still owed more than $72,000 in pay. But administrator Geoff Rowley insists there 'continues to be dialogue with a number of parties who are considering making an investment into the company'. To date, however, Rowley admitted that 'no satisfactory offer or strategy has been offered to presently allow racing to...
Full Story »
Share

You May Also Be Interested In...

Fears third F1 team could collapse – reports

There are fears a third team could follow Caterham and Marussia out of F1...
10y ago from ThisIsF1.com

‘Worst year’ for F1 entrepreneur Tony Fernandes

Tony Fernandes' already bad 2014 turned black at the weekend. This year,...
10y ago from ThisIsF1.com

Vettel, Alonso right to leave F1 teams – Villeneuve

Former champions Sebastian Vettel and Fernando Alonso were right to leave...
10y ago from ThisIsF1.com

India’s Future F1 speedy Jehan Daruvala to make...

Young Indian driver Jehan Daruvala will embark on his single-seater...
10y ago from ThisIsF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar Portland – Race Results

The final road course event of the 2025 IndyCar season was contested on...

Chip Ganassi: ‘We’re spoiled’ having drivers...

Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...

Alex Palou clinches title, becomes IndyCar’s newest...

Alex Palou is the champion of the 2025 NTT IndyCar Series, having locked...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

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

Popular On GunnersToday.com

Heated moments that get more fiery each time! Best of...

Ahead of their season opener live on Sky, take a look at the most heated...
24m ago from SkySports.com

More depth, fewer excuses: Arsenal have nowhere to...

Mikel Arteta was asked this summer what his long-term plans for Arsenal...
7h ago from SkySports.com

Ex-Arsenal man explains why 'gifted player' would be...

Former Arsenal star Theo Walcott has explained why he thinks Eberechi Eze...
15h ago from CaughtOffside.com

'I just feel that the grass isn’t always greener' -...

Former Arsenal forward Theo Walcott has advised Eberechi Eze against a...
14h 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.