News Details

Marussia F1 team ceases trading

Getty Images Enlarge Marussia's administrators have confirmed the Formula One team has ceased trading and its employees have been made redundant. The team's trading company, Manor Grand Prix Racing Ltd, went into administration ahead of the US Grand Prix, but despite efforts to find a buyer and revive the team ahead of the season finale in Abu Dhabi, the deadline for a deal passed on Friday at midday. The team made a provisional entry for next year's championship, but without an investor willing to take on the team's entry fee and debts it will not take part in the 2015 championship. Geoff Rowley, administrator at FRP Advisory, said: "It goes without saying that it is deeply...
Full Story »
10y ago from espnF1.com 0
Share

You May Also Be Interested In...

Marussia ceases trading, staff made redundant

– Marussia's administrators, FRP Advisory, confirmed on Friday that...
10y ago from GPUpdate.net

Marussia ceases trading, administrators confirm

Administrators acting on behalf of Marussia have confirmed that the...
10y ago from F1Zone.net

Marussia F1 Team ceases trading

The Marussia F1 Team has folded and its staff made redundant, the team's...
10y ago from Crash.net

Marussia to be wound up

Marussia's administrators confirmed on Friday that the Formula 1 team is...
10y ago from SkySports.com

Elsewhere On The Network

Popular On MGPToday.com

The MotoGP standouts and strugglers of 2025 so far

Motorsport Monday’s latest MotoGP feature spotlights nine different...

Johann Zarco ‘thinking about how to stay' with...

Johann Zarco admits he is “thinking about how to stay” at LCR Honda...

Fabio Quartararo aims to ‘get back to the top'...

Fabio Quartararo revealed that his number one priority is to "get...

Popular On IndyCarToday.com

Santino Ferrucci issued post-race penalty but keeps...

The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...

Louis Foster reveals likely cause of scary 180MPH...

On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...

Popular On TotalWRC.com

Popular On GunnersToday.com

Liverpool legend Steven Gerrard names 6 teams that...

Steven Gerrard has warned Liverpool that five clubs will be pushing them...
59m ago from SportsKeeda.com

Talks held: Arsenal transfer strategy explained...

Arsenal are not making a right winger a priority this summer, but seem...
1h ago from CaughtOffside.com

'What is the guarantee?' - Pundit urges Arsenal not to...

Frank Leboeuf has warned Arsenal that Mikel Arteta's top target, Benjamin...
2h ago from SportsKeeda.com

Joan Garcia transfer: La Liga 'turns down' Arsenal,...

Espanyol goalkeeper Joan Garcia reportedly gives the green light to join...
8h ago from SportsMole.co.uk

Comments

Hottest News

Cadillac F1 announces huge signing ahead of 2026 debut

Cadillac have announced their first major signing... Read More »
5h ago from GPFans.com

F1 champion loses his driving licence

Formula 1's only African world champion has lost... Read More »
39m ago from GPFans.com

Why Daniel Ricciardo could be lined up for a Red Bull...

It's that time of year again! The time of year... Read More »
1h ago from GPFans.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.