News Details
Marussia may be saved as potential investor emerges
Hopes of reviving the failed Marussia Formula 1 team grew on after an auction of their cars and equipment was postponed to allow talks with a potential new investor.
The 2014 cars, spares and race equipment had been due to go on sale on Wednesday but administrators FRP Advisory said it had been 'halted to allow for discussions to continue with a third party.
'Given the confidential nature of the negotiations underway we are unable to provide further details,' they added in a statement.
John Booth (below) who was principal of the Banbury-based team when they went into administration and missed the last three races of 2014, told the BBC he hoped there could be a deal in time for the start...
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10y ago from GrandPrix247.com
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