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Marussia ‘close to rescue deal’
Marussia boss John Booth is hopeful the team can put together a rescue deal in time for them to take part in the first race of the new season. The team have been in administration since last October and missed the final three grands prix of 2014. But Booth said the team were 'at a fairly advanced stage with a new investor - a credible investor'. A planned auction of the team's 2014 cars, which they would need to race in Australia on 15 March, has been halted. The auction was due to take place on 21 January but has been called off indefinitely while Marussia try to finalise their plans. Administrators FRP Advisory confirmed Wednesday's auction was cancelled 'to allow for discussions to...
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