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 »
10y 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...
10y 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...
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

Marussia fall-out hits F1 big guns

While it appears that F1's biggest teams remain unconcerned about the...
10y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Toprak Razgatlioglu has ‘opportunities' in...

Kenan Sofuoglu has revealed that Toprak Razgatlioglu has riding...
12h ago from MotorsportWeek.c...

Francesco Bagnaia explains ‘weak point' that...

Factory Ducati rider Francesco Bagania explained his "weak...

Jorge Martin provides injury update after Qatar MotoGP...

World Champion Jorge Martin says he is still experiencing “intense...

Popular On IndyCarToday.com

IndyCar outlines replacement driver rules for Indy 500

The NTT IndyCar Series has released updated guidelines that will be...

NFL star Rob Gronkowski named Grand Marshal of Indy...

Indianapolis Motor Speedway announced a unique appointment on Wednesday,...

Popular On TotalWRC.com

Popular On GunnersToday.com

Jakub Kiwior Arsenal exit discussed as 'suspect' claim...

Arsenal journalist Charles Watts discusses Jakub Kiwior's future at the...
59m ago from SportsMole.co.uk

Liam Delap to Arsenal transfer verdict delivered ahead...

Arsenal signing Liam Delap from Ipswich Town this summer would not 'go...
4h ago from SportsMole.co.uk

“We don’t get bullied” - Ex-Arsenal hero calls...

Former Arsenal midfielder Freddie Ljungberg has slammed his former...
6h ago from SportsKeeda.com

Arsenal transfer news update: Viktor Gyokeres...

Arsenal and Manchester United transfer target Viktor Gyokeres has spoken...
6h ago from SportsMole.co.uk

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.