News Details
Marussia F1 hopes boosted as it hopes to exit administration
AP Photo/Yves Logghe Marussia hopes to exit administration this month, boosting the Formula One team's hopes of lining up in the season-opening race on March 15. Marussia missed the final three Grands Prix last year after heavy debts forced it into administration in October, along with Caterham. It was provisionally entered for 2015 under the name of Manor, and hopes were initially raised last month after a planned auction to sell the team's remaining assets was cancelled. Marussia wants to exit administration on Feb. 19 via a Company Voluntary Arrangement (CVA). The team's co-administrator, Geoff Rowley, says a CVA, agreed with company creditors, 'allows for a turnaround of...
Full Story »
Full Story »
11y ago from F1Pulse.com
0
You May Also Be Interested In...
Marussia set to exit administration this month
– Marussia's administrators have announced that the team is set to...
11y ago from GPUpdate.net
Marussia set to exit administration on February 19
Sky Sports News HQ’s Craig Slater has the latest on Marussia:...
11y ago from ThisIsF1.com
Marussia set to exit administration
Marussia F1 Team
The beleaguered Marussia outfit is set to exit...
11y ago from F1Zone.net
Marussia to exit administration on February 19, could...
+ The former Marussia team will exit administration on February 19 via a...
11y ago from RichlandF1.com
Elsewhere On The Network
Popular On MGPToday.com
Marco Bezzecchi and Jorge Martin dominate as Aprilia...
Marco Bezzecchi dominated the Brazilian MotoGP Grand Prix to secure...
47m ago from MotorsportWeek.c...
MotoGP Brazilian GP: Marco Bezzecchi leads Jorge...
No description available...
47m ago from Motorsport.com
Jorge Martin on Aprilia's Brazil GP chances: 'We are a...
No description available...
6h ago from Motorsport.com
Fabio Quartararo explains how he pulled off Brazilian...
No description available...
9h ago from Motorsport.com
Popular On IndyCarToday.com
Legacy Grand Prix of Long Beach promoter Jim...
No description available...
19h ago from Motorsport.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
4d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
4d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
1d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
1d ago from Motorsport.com
Takamoto Katsuta breaks down in tears after...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
‘Below the top tier’ – Rice criticised after...
Declan Rice faced criticism following Arsenal’s 2-0 defeat to Manchester...
47m ago from CaughtOffside.com
Arsenal player ratings: Kepa error & invisible...
Arsenal have suffered a major setback with defeat in today's Carabao Cup...
17m ago from CaughtOffside.com
How to watch Arsenal vs Man City Carabao Cup Final
Arsenal face Manchester City in the Carabao Cup final on March 22 live on...
27m ago from SkySports.com
Man City end Arsenal's quadruple hopes as O'Reilly...
Manchester City won the Carabao Cup as Nico O'Reilly's double clinched a...
57m ago from SkySports.com
Comments
Hottest News
Fernando Alonso reveals when Aston Martin will have...
Fernando Alonso has revealed when Aston Martin... Read More »
1h ago from MotorsportWeek.com
Mercedes release official statement after disqualification...
Mercedes have released a statement after being... Read More »
8h ago from GPFans.com
Lewis Hamilton is now winless for a year but iconic track...
Lewis Hamilton has good reason to be optimistic... Read More »
2h ago from GPFans.com
