News Details

Marussia officially shutting its doors

SAO PAULO, Nov 07, 2014 (AFP) - The Marussia Formula One team ceased trading and made nearly 200 staff redundant on Friday. Frantic final efforts to save the team from failure and to keep alive hopes of an entry to the world championship in 2015 were dashed in a statement from the team's administrators, appointed last month. The administrators FRP Advisory LLP instead confirmed the team was closing down after several bids to find a buyer had failed. Geoff Rowley, joint administrator, said: "It goes without saying that it is deeply regrettable that a business with such a great following in British and world motorsport has had to cease trading and close its...
Full Story »
10y ago from F1Plus.com 0
Share

You May Also Be Interested In...

Caterham and Marussia on 2015 F1 entry list

Caterham and Marussia on 2015 F1 entry listPosted On 05 Nov 2014By :...
10y ago from ThisIsF1.com

All 11 teams present on official 2015 FIA entry list

The FIA has published a new entry list for the 2015 Formula 1 season which...
10y ago from TheF1Times.com

Marussia ceases trading, administrators confirm

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

Eleven teams on 2015 Formula 1 entry list

The FIA has published a 2015 Formula 1 entry list featuring 11 teams as...
10y ago from SpeedCafe.com

Elsewhere On The Network

Popular On MGPToday.com

KTM riders Brad Binder and Pedro Acosta discuss 2025...

Factory KTM riders Brad Binder and Pedro Acosta discuss their respective...
19h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

PREMA completes first on-track IndyCar test session

PREMA Racing conducted its first on-track test session in IndyCar earlier...

Juncos Hollinger shows off new-look livery for 2025...

Juncos Hollinger Racing unveiled a new look for the 2025 NTT IndyCar...

IndyCar takes over promotion of Nashville event

IndyCar’s Music City Grand Prix will be promoted internally by IndyCar...

Popular On TotalWRC.com

Popular On GunnersToday.com

Comments

Hottest News

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.