News Details
End of Formula 1 dream for Marussia
xt">Sad times for Marussia
The British-based Marussia Formula 1 team reached the end of the road on with some 200 staff told the company had ceased trading and they were being made redundant.
Administrators FRP Advisory announced the closure in a statement, saying the team had 'no sustainable operational or financial structure in place to maintain the Group as a going concern.
'The joint administrators have now ceased trading Marussia F1 Team and unfortunately have had to make the remaining staff redundant,' it added.
The staff, whose hopes might have been raised by the team appearing on a provisional entry list for the 2015 championship earlier in the week, were told in a long and...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
End of the Formula 1 dream for Marussia
Sad times for Marussia
The British-based Marussia Formula 1 team reached...
10y ago from GrandPrix247.com
Marussia F1 team closes
The British-based Marussia Formula One team reached the end of the road...
10y ago from SuperSport.com
Mercedes: Marussia a group of real racers
– Mercedes motorsport boss Toto Wolff says his team is "very...
10y ago from GPUpdate.net
Ecclestone: Too much F1 money badly distributed
Where does all the F1 cash go?
Formula One's commercial supremo Bernie...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Marquez recorded first Ducati MotoGP crash after 780km...
No description available...
18h ago from Motorsport.com
Bagnaia 50-50 on new Ducati MotoGP engine amid...
No description available...
20h ago from Motorsport.com
Fernandez set for return in Thailand MotoGP test after...
No description available...
17h ago from Motorsport.com
Morbidelli leads Quartararo on Day 2 of Sepang MotoGP...
No description available...
22h ago from Motorsport.com
Popular On IndyCarToday.com
Power sets goal of five move competitive years in...
Will Power is one of the NTT IndyCar Series’ longest tenured drivers,...
12h ago from MotorsportWeek.c...
Conor Daly thinks IndyCar should race in Mexico and...
No description available...
1d ago from Motorsport.com
Andretti Global shows off new liveries for 2025...
Andretti Global has revealed a trio of new liveries for the team’s cars...
3d ago from MotorsportWeek.c...
Penske President Tim Cindric to reduce leadership role
Team Penske announced on Friday afternoon that long-time President Tim...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Fourmaux to keep ‘head on shoulders’ after...
No description available...
1w ago from Motorsport.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
1w ago from Motorsport.com
The five big takeaways from the WRC Rally Monte Carlo
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
A welcome break, but some reflection required
Morning all. Well, the Carabao Cup final will be between Liverpool and...
50m ago from Arseblog.com
'Arsenal will buy him' – Sky Sports man tips...
Sky Sports pundit Paul Merson has tipped former Tottenham striker Harry...
1h ago from CaughtOffside.com
Real Madrid consider 23-year-old Arsenal star as...
No description available...
1h ago from SportsKeeda.com
Man United and Arsenal to battle for midfield duo in...
Manchester United are ready to revamp their midfield in the summer and...
2h ago from CaughtOffside.com
Comments
Hottest News
Schumacher drops 'new lineup' BOMBSHELL in racing return...
Axed Formula 1 driver Mick Schumacher has taken... Read More »
50m ago from GPFans.com
Coulthard offers theory behind cause of Hamilton-Ferrari...
Lewis Hamilton's stint at Ferrari did not get off... Read More »
2h ago from RacingNews365.com
Bottas: With Binotto’s arrival I was promised a renewal...
For Formula 1, the break between seasons, when... Read More »
1h ago from GrandPrix247.com
