News Details

Marussia auction halted

Hopes of reviving the failed Marussia Formula One team grew on Monday after an auction of their cars and equipment was postponed to allow talks with a potential new investor. The 2014 cars, spares and race equipment had been due to go on sale on Wednesday but administrators FRP Advisory said it had been "halted to allow for discussions to continue with a third party. "Given the confidential nature of the negotiations underway we are unable to provide further details," they added in a statement. John Booth, who was principal of the Banbury-based team when they went into administration and missed the last three races of 2014, told the BBC he hoped there could be a deal in...
Full Story »
10y ago from SuperSport.com 0
Share

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 auction cancelled as rescue deal emerges

A Marussia auction scheduled to take place on Wednesday has been...
10y ago from GrandPrixTimes.com

Marussia auction postponed

The auction of Marussia's assets on Wednesday has been postponed until...
10y ago from SkySports.com

Marussia retains hope as auction gets postponed

Some hope of survival remains for the troubled Marussia F1 Team as an...
10y ago from F1Technical.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar Detroit – Qualifying Results

27 drivers took to the streets of Detroit in order to set the fastest...
12h ago from MotorsportWeek.c...

Street course master Colton Herta takes IndyCar pole...

Saturday afternoon on the streets of Detroit was reserved for IndyCar...
12h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal 2025 summer transfers: Every confirmed signing...

Track all of Arsenal's 2025 summer transfer activity, including confirmed...
1h ago from SportsMole.co.uk

Arsenal transfer news update as 'indecision' could see...

Arsenal are in the market for attacking reinforcements but their...
6h ago from SportsMole.co.uk

Arsenal, Barcelona in final Joan Garcia transfer twist...

Arsenal-linked goalkeeper Joan Garcia reportedly makes a U-turn on his...
15h ago from SportsMole.co.uk

Report: Arsenal eyeing 25-year-old Chelsea target as...

Arsenal are in the race to sign the AC Milan attacker Rafael Leao, but...
11h 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.