News Details

Marussia in ‘advanced’ rescue talks

Marussia and its administrators has confirmed an auction of team equipment has been postponed due to rescue talks with a potential investor. Earlier on Monday, it emerged that the sale of 2014 cars, components and race-day equipment scheduled for Wednesday was called off by the team's administrators. The BBC has quoted the administrator as confirming the auction was delayed 'to allow for discussions to continue with a third party'. Boss John Booth, who founded the F3 outfit Manor in 1990, explained that the talks are at a 'fairly advanced stage' with a 'credible investor'. 'Postponing the auction gives us a bit more time to explore it,' he added. Booth also explained that, like Caterham if...
Full Story »
Share

You May Also Be Interested In...

Time nearly up for Marussia

Any remaining hope that Marussia could return to the F1 grid this season...
10y ago from SkySports.com

Marussia has 48 hours if it's to survive - Lowdon

The Marussia F1 Team (or Manor GP as it's listed on the FIA entrant...
10y ago from GrandPrixTimes.com

Marussia confident of 2015 rescue deal

Sutton Images Enlarge Marussia is closing in on a rescue package which...
10y ago from espnF1.com

Marussia ‘close to rescue deal’

Marussia boss John Booth is hopeful the team can put together a rescue...
10y ago from BBC.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Alex Marquez rejoices in ‘super special' podium...

Gresini rider Alex Marquez has described the Thai MotoGP weekend as...

Popular On IndyCarToday.com

IndyCar St. Petersburg – Race Results

The first race of the 2025 NTT IndyCar Series season took place on Sunday...
36m ago from MotorsportWeek.c...

Alex Palou masterclass secures win in IndyCar season...

The first race of the 2025 IndyCar season took place on Sunday afternoon...
56m ago from MotorsportWeek.c...

Frequent pit stops predicted for IndyCar opener due to...

Firestone has brought a different compound tire to IndyCar’s...

Popular On TotalWRC.com

WRC drivers follow F1 in statement to FIA president

World Rally Championship drivers have penned a strongly-worded statement...

Elfyn Evans wins Rally Sweden by a whisker

Super Sunday on Rally Sweden was just that! After 300km of hard racing,...

Popular On GunnersToday.com

Report: Arsenal identify Martin Zubimendi alternative,...

Arsenal are reportedly eyeing Atletico Madrid's Pablo Barrios as a...
2h ago from CaughtOffside.com

Man United want 'extraordinary' player on Arsenal...

Manchester United are lining up a summer move for the Real Sociedad...
4h 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.