News Details
End of the road is very near for Marussia
The eleventh hour is fast approaching for Marussia now called Manor, the name of the operating company,as the backmarker team is in administration and fast shedding its assets to pay millions in creditors' bills.
The Banbury factory, for one, is believed to have been sold to 2016 entrant Gene Haas, and key staff have defected to rival teams. It is believed Haas was also among the buyers of team equipment sold recently at auction, indicating that Marussia is clearly in its death throes.
But team president Graeme Lowdon was quoted on Sunday by Britain's Sky: 'There have been some auctions already but none of the equipment that has been sold so far is essential for the team to go forward.'...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
Haas acquires Marussia assets and Banbury base
Gene Haas has reportedly purchased Marussia's former base in Banbury after...
10y ago from GrandPrixTimes.com
Haas to bid for Marussia's assets in auction
Gene Haas says he's likely to bid for several items in Tuesday's Marussia...
10y ago from GrandPrixTimes.com
Marussia has 48 hours if it's to survive - Lowdon
The Marussia F1 Team (or Manor GP as it's listed on the FIA entrant...
10y ago from GrandPrixTimes.com
Last hours approach for ailing Marussia
The eleventh hour is fast approaching for Marussia.
Now called Manor, the...
10y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Manu González to make MotoGP debut with Aprilia...
No description available...
7h ago from Motorsport.com
Marc Marquez explains how he stopped taking “too...
No description available...
8h ago from Motorsport.com
MotoGP Aragon GP: Marc Marquez fights back for sprint...
No description available...
11h 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...
5h ago from Motorsport.com
Ogier in charge on WRC Italia Sardegna
Sébastien Ogier stretched his Rally Italia Sardegna lead on Saturday...
4h ago from MotorsportWeek.c...
Sebastien Ogier survives brutal Sardinia Saturday with...
No description available...
8h ago from Motorsport.com
Sebastien Ogier leads Rally Sardinia as Adrien...
No description available...
14h ago from Motorsport.com
Popular On GunnersToday.com
Chelsea's 65 million target open to joining Arsenal -...
Spain forward Nico Williams is reportedly open to a move to Arsenal this...
6h ago from SportsKeeda.com
Arsenal approach RB Leipzig over Sesko signing
Sky Germany are reporting Arsenal have formally approached RB Leipzig over...
8h ago from SkySports.com
Arsenal progressing on a £5m deal to sign Kepa - why...
Arsenal are progressing with a deal to sign Chelsea goalkeeper Kepa...
8h ago from SkySports.com
Chelsea star agrees to join Arsenal as Mikel Arteta...
Arsenal are reportedly close to signing Chelsea goalkeeper Kepa...
9h ago from SportsKeeda.com
Comments
Hottest News
Formula One confirms PepsiCo as its new official partner
Formula 1 and PepsiCo have announced a multi-year... Read More »
1h ago from F1Technical.net
F1 film given honest reaction as critics pile in on Brad...
Early reactions to Brad Pitt and Damson Idris'... Read More »
8h ago from GPFans.com
Max Verstappen's baby daughter Lily gets her first car with...
Max Verstappen and Kelly Piquet’s daughter Lily... Read More »
4h ago from GPFans.com
