News Details
Marussia ceases trading
The Marussia Formula 1 team have ceased trading with over 200 employees made redundant with immediate effect.
The Formula 1 team went into administration last month and did not attend the United States GP while also sitting out this weekend's race in Brazil.
Marussia, though, had hoped to find a buyer or a cash injection to continue in Formula 1.
However, on Friday it was announced that a deadline of 12:00 GMT had come and gone without any money coming through.
As such Geoff Rowley, the joint administrator at FRP Advisory, has announced that the team has folded.
"It goes without saying that it is deeply regrettable that a business with such a great following in British and world...
Full Story »
Full Story »
10y ago from PlanetF1.com
0
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 F1 team ceases trading
Getty Images Enlarge Marussia's administrators have confirmed the...
10y ago from espnF1.com
Marussia ceases trading with all 200 staff made...
+ Marussia’s administrators have confirmed that the team has ceased...
10y ago from RichlandF1.com
Marussia ceases trading, administrators confirm
Administrators acting on behalf of Marussia have confirmed that the...
10y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Honda won’t replace injured Luca Marini for MotoGP...
No description available...
12h ago from Motorsport.com
Fabio Quartararo aims to ‘get back to the top'...
Fabio Quartararo revealed that his number one priority is to "get...
17h ago from MotorsportWeek.c...
KTM will continue with MotoGP in 2027 “if we can...
No description available...
3d ago from Motorsport.com
Francesco Bagnaia must “stop the bleeding” of...
No description available...
3d ago from Motorsport.com
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...
3h ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
5h ago from Motorsport.com
Kyle Kirkwood isn't "in the hunt” with Alex...
No description available...
7h ago from Motorsport.com
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
16h ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC: Sebastien Ogier confirms entry to the Acropolis...
No description available...
3d ago from Motorsport.com
Co-driver dies after crash during Jim Clark rally in...
Roberts, 39, was pronounced dead at the scene near Duns in the Scottish...
1w ago from TheGuardian.com
WRC signs new deal to race in Portugal until at least...
No description available...
1w ago from Motorsport.com
Fourth WRC Hyundai car "still a chance" for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
The striker market merry-go-round: Where could...
Sports Mole takes a look at the potential destinations for some of...
2h ago from SportsMole.co.uk
'There is no doubt' - When Real Madrid legend claimed...
Real Madrid legend Toni Kroos was furious with Lionel Messi winning the...
2h ago from SportsKeeda.com
PL star wants to join Manchester United despite...
Bryan Mbeumo has reportedly decided to join Manchester United amid...
4h ago from SportsKeeda.com
Two transfer experts provide update on Sesko to...
Arsenal’s interest in Benjamin Šeško is serious, and the club have now...
5h ago from FreshArsenal.com
Comments
Hottest News
FIA announce second penalty demotion after dramatic Spanish...
Following a dramatic conclusion to the Spanish... Read More »
10h ago from GPFans.com
Schumacher proposes wild Verstappen conspiracy theory
Jun.2 Conspiracy theories are swirling after Max... Read More »
17h ago from OneStopStrategy.com
Formula One announce contract extension with MSC Cruises
Formula 1 and The Cruise Division of MSC Group,... Read More »
2h ago from F1Technical.net
