News Details
Fears third F1 team could collapse – reports
There are fears a third team could follow Caterham and Marussia out of F1 as the new year beckons.
Caterham, although still in administration, is hoping to race in 2015 but Marussia's assets and factory are being sold to pay back creditors.
F1 business journalist Christian Sylt wrote in the Telegraph that the team's engine and technology suppliers Ferrari and McLaren, for example, are owed $25 and $11 million respectively.
Sylt said administrator Geoff Rowley acknowledged that Marussia is unlikely to race in 2015.
Now there are fears a third team could collapse, potentially reducing the 2015 grid to just 16 cars. Last year, 11 teams began the championship, filling a 22-car grid.
But the...
Full Story »
Full Story »
10y ago from ThisIsF1.com
0
You May Also Be Interested In...
Ferrari, McLaren take a hit from Marussia collapse
Ferrari and McLaren stand to lose millions as a result of the collapse of...
10y ago from ThisIsF1.com
Ferrari, McLaren lose millions from Marussia collapse
The collapse of Marussia isn't just a loss for Formula 1 and the team's...
10y ago from TheF1Times.com
Ferrari not ruling out 2016 seat for Raikkonen
Kimi Raikkonen will need to prove in 2015 that he deserves another year...
10y ago from ThisIsF1.com
Engine expert Mario Illien starts tasks with Renault F1
Renault's F1 chief Cyril Abiteboul has hailed the new collaboration with...
10y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo: “When results are not coming, you...
No description available...
15h ago from Motorsport.com
Aprilia “closer or even ahead of Ducati” after...
No description available...
17h ago from Motorsport.com
Francesco Bagnaia reveals ‘glimmer of hope’ given...
Francesco Bagnaia revealed he has “a glimmer of hope” despite...
18h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Enzo Fittipaldi hails ‘productive’ test with Arrow...
Enzo Fittipaldi completed an IndyCar test with Arrow McLaren last week,...
1d ago from MotorsportWeek.c...
Mick Schumacher is “very open” to exploring an...
No description available...
1w ago from Motorsport.com
WATCH: Alex Palou talks F1 dream, perfecting his craft...
No description available...
1w ago from Motorsport.com
Rinus VeeKay signs with Juncos Hollinger Racing for...
Juncos Hollinger Racing has announced that it has signed Rinus VeeKay for...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Lancia confirms 2026 WRC2 entry with the new Ypsilon...
Lancia will return to the World Rally Championship next year with the new...
19h ago from MotorsportWeek.c...
M-Sport favours new WRC car build over upgraded Rally2...
No description available...
22h ago from Motorsport.com
Mārtiņš Sesks and Nasser Al-Attiyah join M-Sport...
WRC Promoter, SafetyCulture and M-Sport Ford World Rally Team are...
2d ago from MotorsportWeek.c...
Martins Sesks rejoins M-Sport for WRC Saudi Arabia...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Martin Keown names the 'ridiculous' Arsenal star that...
Arsenal legend Martin Keown has heaped praise onto Gabriel Magalhaes after...
33m ago from CaughtOffside.com
Thierry Henry's 3 favorites to win UCL revealed after...
French legend Thierry Henry has named Arsenal among his favorites for the...
33m ago from SportsKeeda.com
Arsenal 4-0 Atletico Madrid: Rampant Gunners go 4G in...
Match report – Player ratings – Arteta reaction – Video...
13m ago from Arseblog.com
Arsenal latest: Are Gunners Champions League...
No description available...
23m ago from SkySports.com
Comments
Hottest News
McLaren boss urges team to embrace Red Bull F1 title...
Andrea Stella has reminded McLaren that the... Read More »
53m ago from MotorsportWeek.com
F1 debut confirmed as Lance Stroll sits out for Aston...
Aston Martin have announced a driver swap for... Read More »
33m ago from GPFans.com
F1 News Today: Alpine announce new driver signing as...
Alpine's World Endurance Championship (WEC) team... Read More »
2h ago from GPFans.com