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 »
11y 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...
11y ago from GPUpdate.net
Marussia F1 team ceases trading
Getty Images Enlarge Marussia's administrators have confirmed the...
11y ago from espnF1.com
Marussia ceases trading with all 200 staff made...
+ Marussia’s administrators have confirmed that the team has ceased...
11y ago from RichlandF1.com
Marussia ceases trading, administrators confirm
Administrators acting on behalf of Marussia have confirmed that the...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Enea Bastianini ‘can’t explain’ KTM tyre...
Enea Bastianini admitted he “can’t explain why” he struggled to...
14h ago from MotorsportWeek.c...
What was behind Enea Bastianini's worst season in...
No description available...
17h ago from Motorsport.com
Fernando Alonso: No normal person could achieve what...
No description available...
1d ago from Motorsport.com
Motorsport Week's Top 10 MotoGP riders of 2025
The 2025 MotoGP season had it all. With 22 rounds and 44 races, the...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Top five memorable drives of the 2025 IndyCar season
No description available...
13h ago from Motorsport.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
1w ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026: Full route, schedule and marathon stage...
No description available...
2d ago from Motorsport.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
5d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal vs Aston Villa Prediction and Betting Tips |...
The Premier League is back in action with another round of matches this...
10h ago from SportsKeeda.com
Can 'tactical genius' Emery get the better of Arteta...
Unai Emery says going to Arsenal on Tuesday night is Aston Villa's...
11h ago from SkySports.com
“There’s nothing special in our squad” - Arsenal...
Arsenal manager Mikel Arteta has admitted that the club are not ruling out...
12h ago from SportsKeeda.com
Antoine Semenyo informs Premier League club of his...
Antoine Semenyo has dominated the transfer news waves in recent weeks,...
14h ago from CaughtOffside.com
Comments
Hottest News
Fernando Alonso goes public as F1 champion shares picture...
Aston Martin F1 star Fernando Alonso has finally... Read More »
7h ago from GPFans.com
Vettel’s brutally honest admission on his final years at...
In a candid retrospective, Sebastian Vettel has... Read More »
12h ago from F1i.com
Ford gives Max Verstappen good news as Ferrari take drastic...
Check out all the biggest stories of the day with... Read More »
8h ago from RacingNews365.com
