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

Toprak Razgatlioglu reveals ‘biggest difference’...

Toprak Razgatlioglu has revealed how “different” MotoGP is to...

Honda reveals how Ai Ogura snub pushed Diogo Moreira...

Honda was forced to change its “original plan” to sign Diogo Moreira...

Popular On IndyCarToday.com

FIA increases IndyCar super license allocations

The World Motorsport Council has announced that the allocation of super...
31m ago from MotorsportWeek.c...

IndyCar looking to add ‘more events, not just...

IndyCar has identified a need to make sure future races on the calendar...

JHR retains Sting Ray Robb for second season

Juncos Hollinger Racing has confirmed that Sting Ray Robb will remain...

Popular On TotalWRC.com

Popular On GunnersToday.com

Insider reports Man United plan to sign Arsenal star...

A major transfer storm could be brewing in English football, with...
4h ago from CaughtOffside.com

'A dangerous circle' | Arteta concerned by mounting...

Arsenal boss Mikel Arteta is concerned about the number of injuries his...
6h ago from SkySports.com

Gunners looking to bounce back in Bruges

Morning everyone. We're in Champions League action this evening, taking on...
8h ago from Arseblog.com

'They’re making hard work of it' - Rio Ferdinand...

Manchester United legend Rio Ferdinand believes Arsenal will win the...
8h ago from SportsKeeda.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.