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
Exclusive: Jorge Martin finalising two-year Yamaha...
No description available...
5h ago from Motorsport.com
Exclusive: Honda signs Fabio Quartararo for 2027...
No description available...
9h ago from Motorsport.com
MotoGP Sepang shakedown test: Schedule, riders and how...
No description available...
1d ago from Motorsport.com
Aprilia confirms Jorge Martin will miss Sepang MotoGP...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
D.C. race "would be massive opportunity for...
No description available...
1d ago from Motorsport.com
Ryan Briscoe to coach RLL drivers, fueling speculation...
Rahal Letterman Lanigan Racing has announced that it has brought on two...
2d ago from MotorsportWeek.c...
Wienie 500 returns for second year in build-up to Indy...
Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...
2d ago from MotorsportWeek.c...
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
New WRC winter tyre expected in 2027 after Monte Carlo...
No description available...
2h ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
1d ago from Motorsport.com
Rally USA return edges closer for 2027 as WRC plans...
No description available...
2d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
'They gave us a bit of hope' - Manchester City star...
Manchester City midfielder Bernardo Silva has said that Arsenal dropping...
19m ago from SportsKeeda.com
Scouting mission confirmed: Man Utd step up move for...
Manchester United have been linked with Nathaniel Brown in recent weeks,...
2h ago from CaughtOffside.com
Little bugs
When I zoom out, it does feel a little strange to be convening a crisis...
2h ago from Arseblog.com
Paul Merson predicts Leeds vs Arsenal, Tottenham vs...
Some unbelievable stuff happened in the Premier League last weekend! I...
3h ago from SportsKeeda.com
Comments
Hottest News
Adrian Newey’s first Aston Martin F1 car makes its debut...
Aston Martin has finally joined the Barcelona... Read More »
1h ago from F1Technical.net
LIVE: 2026 F1 Barcelona Pre-Season Test - Day 4
The fourth day of on-track action for F1 in 2026... Read More »
10h ago from RacingNews365.com
Alpine make Christian Horner 'decision' and Flavio Briatore...
A decision has reportedly been made regarding... Read More »
6h ago from GPFans.com
