News Details
Marussia F1 Team ceases trading
The Marussia F1 Team has folded and its staff made redundant, the team's administrators have confirmed. Administrator FRP Advisory announced on Friday morning that the team has ceased trading, resulting in the loss of over 200 jobs. Geoff Rowley, joint administrator at FRP Advisory, said: "It goes without saying that it's deeply regrettable that a business with such a great following in Britain and worldwide has had to cease trading and close its doors." Marussia went in to administration following the Russian Grand Prix, and announced that it would not race in Austin or Brazil as a new buyer was sought. Sporting director Graeme Lowdon was present in America working to try and...
Full Story »
Full Story »
You May Also Be Interested In...
Marussia fold after crisis talks
The Marussia F1 team have folded, according for the team's...
10y ago from BBC.co.uk
Caterham administrators in contact with potential...
+ The administrators of the Caterham F1 Team say that they have spoken to...
10y ago from RichlandF1.com
Administrators ignored Caterham bid
Administrators for the Caterham team have allegedly ignored the enquiries...
10y ago from Pitpass.com
Potential buyers in contact with Caterham...
The administrators in charge of the Caterham F1 Team are confident of...
10y ago from TheF1Times.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez cruises to MotoGP Sprint victory at Jerez
Ducati’s Marc Marquez cantered to a record-equalling fifth consecutive...
11h ago from MotorsportWeek.c...
Pedro Acosta still ‘focused' on KTM amid Honda...
Pedro Acosta's manager Albert Valera has provided an update regarding his...
11h ago from MotorsportWeek.c...
Nicolo Bulega: Cremona ‘maybe the best weekend’ in...
Nicolo Bulega says “it’s incredible” to complete the Cremona...
15h ago from MotorsportWeek.c...
MotoGP teams agree on new rule for riders returning...
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
The game-changing decision that put Christian...
No description available...
10h ago from Motorsport.com
Christian Lundgaard ‘could not have dreamed’ of...
Christian Lundgaard has logged a sensational trio of races, and has...
15h ago from MotorsportWeek.c...
Rinus VeeKay’s defensive masterclass leads to best...
Sunday’s IndyCar race at Barber proved to be one of the best in some...
10h ago from MotorsportWeek.c...
From three-peats to 'last pick' success: IndyCar's...
No description available...
18h ago from Motorsport.com
Popular On TotalWRC.com
Rally Portugal set to feature record-equaling WRC...
No description available...
4d ago from Motorsport.com
Hyundai was 'clearly unprepared' for WRC Canary...
No description available...
5d ago from Motorsport.com
Toyota Gazoo Racing's silver lining
Toyota Gazoo Racing has a silver lining, literally. Not content with a...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
PSG vs Arsenal Prediction and Betting Tips | May 7th...
PSG and Arsenal will square off in the second leg of their UEFA Champions...
28m ago from SportsKeeda.com
Arsenal transfer news update: Bundesliga star...
Arsenal are reportedly ready to pounce on the chance to sign a Bundesliga...
6h ago from SportsMole.co.uk
Arsenal launch 60m offer for 26-year-old striker ahead...
Arsenal have reportedly launched a bid to sign Chelsea and Manchester...
5h ago from SportsKeeda.com
Chelsea set for transfer battle with Arsenal,...
Chelsea will reportedly have to get the better of Arsenal and Liverpool if...
5h ago from SportsMole.co.uk
Comments
Hottest News
Helmut Marko performs u-turn on Max Verstappen exit fear
Helmut Marko recently revealed he was concerned... Read More »
58m ago from RacingNews365.com
Two dead, one critical after tragic bike racing accident
This is terrible news for the motorsport... Read More »
8h ago from RacingNews365.com
F1 News Today: Lewis Hamilton handed FIA penalty verdict as...
The FIA have announced the stewards’ penalty... Read More »
28m ago from GPFans.com
