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Ecclestone confirms teams gave red light to Marussia
Bernie Ecclestone has confirmed that the return of Marussia has been blocked by its rivals according to an article in the Independent by Christian Sylt. The team ground to a spectacular halt when it went into administration at the end of October, ceased trading in November and missed the last three races of the season. Most of its 170 staff were made redundant at the beginning of November and the following month its administrators FRP Advisory held a public auction of its assets. It even sold its factory in Banbury which was bought by Gene Haas, the American entrepreneur who is launching a new team next year. As Pitpass revealed in December, Marussia made a net loss of £29.2m in just...
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10y ago from Pitpass.com
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