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New hope for ailing F1 team Marussia
Troubled Formula One team Marussia could yet start the new season after administrators said discussions were under way to secure its financial future. "Since the appointment of administrators negotiations have taken place with a number of parties to try and secure a long term solution for the team," Geoff Rowley, joint administrator and partner at FRP Advisory, said in a statement on Wednesday. "We can confirm that negotiations continue towards a longer term viable solution for the business and participation of a team in the 2015 season." Rowley and Geoff Carton-Kelly, partners in the specialist restructuring and advisory firm, were appointed as administrators to Manor...
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10y ago from SuperSport.com
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