News Details
Marussia still owes Timo Glock $1m – source
The collapsing F1 backmarker Marussia still owes a whopping $1 million to its former driver Timo Glock.
The debt was discovered by the F1 business and Formula Money journalist Christian Sylt in the team's administration documents.
It shows that German driver Glock, who raced for Marussia and its former guise Virgin between 2010 and 2012, is one of the dozens of parties owed the most by the team.
Only Ferrari, McLaren, Pirelli and the hospitality company Freeman's – owed a combined total of $37 million – are owed more.
All together, Marussia owes almost $50 million to creditors, but administrator Geoff Rowley told the Telegraph that they 'will suffer a significant shortfall'...
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9y ago from ThisIsF1.com
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