News Details

Struggling teams still face uncertain future

Less than a month before official winter testing begins, the future of the ailing backmarkers Marussia and Caterham remains unclear. Marussia's administrators have auctioned team equipment, and the factory at Banbury could even be sold to the new American team for 2016, Haas. That is to pay back a long list of creditors, with Forbes journalist Christian Sylt saying even staff are still owed more than $72,000 in pay. But administrator Geoff Rowley insists there "continues to be dialogue with a number of parties who are considering making an investment into the company". To date, however, Rowley admitted that "no satisfactory offer or strategy has been offered to presently...
Full Story »
10y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Marussia and Caterham still face uncertain future

Less than a month before official winter testing begins, the future of the...
10y ago from GrandPrix247.com

Struggling F1 teams still face uncertain future

Less than a month before official winter testing begins, the future of...
10y ago from ThisIsF1.com

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

Family says Bianchi’s neurological status remains...

Jules Bianchi is still unconscious, his family has revealed in a...
10y ago from ThisIsF1.com

Elsewhere On The Network

Popular On MGPToday.com

What to expect from Honda in the 2025 MotoGP season

As the 2025 MotoGP season approaches, a new era is dawning for Honda, who...

Popular On IndyCarToday.com

Andretti Global shows off new liveries for 2025...

Andretti Global has revealed a trio of new liveries for the team’s cars...

Penske President Tim Cindric to reduce leadership role

Team Penske announced on Friday afternoon that long-time President Tim...

Popular On TotalWRC.com

Popular On GunnersToday.com

Mikel Arteta must refocus Arsenal’s mammoth task...

ager must put semi-final loss to Newcastle behind them with depleted squad...
2h ago from TheGuardian.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.