News Details

Fears third F1 team could collapse?

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 »
11y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Fears third F1 team could collapse – reports

There are fears a third team could follow Caterham and Marussia out of F1...
11y ago from ThisIsF1.com

Ferrari, McLaren take a hit from Marussia collapse

Ferrari and McLaren stand to lose millions as a result of the collapse of...
11y 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...
11y ago from TheF1Times.com

Marussia fall-out hits F1 big guns

While it appears that F1's biggest teams remain unconcerned about the...
11y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Jack Miller: Yamaha are ‘busting their arses' on...

Pramac rider Jack Miller has seen first-hand the efforts of Yamaha on its...

Pramac Yamaha unveils 2026 MotoGP livery

Pramac Yamaha has officially unveiled its striking new livery on the...

‘Super talented’ MotoGP rookie Diogo Moreira...

Pedro Acosta believes “super talented” rookie Diogo Moreira has the...

Popular On IndyCarToday.com

Alex Palou delivers takedown of McLaren F1 drivers...

IndyCar champion Alex Palou has delivered a takedown of both McLaren...

Will Power turns first IndyCar laps with Andretti at...

IndyCar veteran Will Power completed his first test laps with his new...

Popular On TotalWRC.com

Popular On GunnersToday.com

Chelsea vs Arsenal Prediction and Betting Tips | 14th...

The EFL Cup is back in action with another set of matches this week as...
3h ago from SportsKeeda.com

Mikel Arteta provides injury update on 4 key Arsenal...

Arsenal manager Mikel Arteta has spoken to the press about the fitness of...
3h ago from SportsKeeda.com

Every word of Mikel Arteta's pre-Chelsea vs Arsenal...

Arsenal manager Mikel Arteta gave his press conference ahead of the...
5h ago from CaughtOffside.com

Arteta to change Arsenal star's position to...

Arsenal manager Mikel Arteta could reportedly change Myles Lewis-Skelly's...
6h ago from CaughtOffside.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.