News Details
Marussia auction cancelled as rescue deal emerges
A Marussia auction scheduled to take place on Wednesday has been cancelled, amid a potential rescue deal emerging which could see the team make the first race of the season. The outfit entered administration in October which saw it miss the final three races of the 2014 season. Much of its equipment was sold off in December by administators FRP Advisory in an attempt to recover some of the teams £31 million debts. However, the equipment necessary to operate the team remains at their factory - which is now owned by Gene Haas - and was set to be auctioned off on Wednesday. That has now been postponed indefinitely whilst rescue talks are underway. "[We're] at a fairly advanced stage...
Full Story »
Full Story »
10y ago from GrandPrixTimes.com
0
You May Also Be Interested In...
Marussia in ‘advanced’ rescue talks
Marussia and its administrators has confirmed an auction of team...
10y ago from ThisIsF1.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
Haas to bid for Marussia's assets in auction
Gene Haas says he's likely to bid for several items in Tuesday's Marussia...
10y ago from GrandPrixTimes.com
Time nearly up for Marussia
Any remaining hope that Marussia could return to the F1 grid this season...
10y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha and Pramac unveil 2025 MotoGP bikes in Kuala...
No description available...
10h ago from Motorsport.com
Yamaha and Pramac display 2025 MotoGP liveries
On Friday, Yamaha and its satellite team, Pramac Racing, displayed its...
10h ago from MotorsportWeek.c...
KTM already working on 2027 MotoGP rules as it...
No description available...
1d ago from Motorsport.com
KTM riders Brad Binder and Pedro Acosta discuss 2025...
Factory KTM riders Brad Binder and Pedro Acosta discuss their respective...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Penske President Tim Cindric to reduce leadership role
Team Penske announced on Friday afternoon that long-time President Tim...
4h ago from MotorsportWeek.c...
Team Penske's Tim Cindric steps back from his...
No description available...
3h ago from Motorsport.com
PREMA completes first on-track IndyCar test session
PREMA Racing conducted its first on-track test session in IndyCar earlier...
1d ago from MotorsportWeek.c...
Zak Brown: IndyCar "should slipstream on the back...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Fourmaux to keep ‘head on shoulders’ after...
No description available...
1d ago from Motorsport.com
The five big takeaways from the WRC Rally Monte Carlo
No description available...
4d ago from Motorsport.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Martin Ødegaard relishing ‘heat’ of battle with...
t;li>Arsenal captain up against friend Erling HaalandTeams fought out...
23m ago from TheGuardian.com
'Not as if they've just realized what they're missing'...
No description available...
4h ago from SportsKeeda.com
Premier League GW24 predictions: Arsenal to win...
Sports Mole takes on Glenn Smyth - a member of rock'n'roll blast band...
4h ago from SportsMole.co.uk
Liverpool boss Arne Slot claims Arsenal use same set...
No description available...
3h ago from SportsKeeda.com
Comments
Hottest News
Brake Failure Caused Lewis Hamilton's First Ferrari Crash
Lewis Hamilton’s pre-season crash during... Read More »
2h ago from Formula1News.co.uk
Reason behind Hamilton Ferrari crash revealed as health...
The reason behind Lewis Hamilton's first Ferrari... Read More »
4h ago from GPFans.com
FIA drop Ford BOMBSHELL in official new team announcement
The FIA have revealed a shock new entry for a... Read More »
6h ago from GPFans.com
