News Details

Hope for Marussia?

Administrator for Marussia says the company will 'exit administration' later this month as talks continue with interested parties.The Banbury-based outfit went into administration in October and appeared doomed, however, behind the scenes administrators FRP Advisory have been working frantically in an attempt to save the team.Today, as the opening pre-season test draws to a close at Jerez, joint administrator, Geoff Rowley, a partner at FRP Advisory, issued the following statement:'Since the appointment of administrators negotiations have taken place with a number of parties to try and secure a long-term solution for the team.We can confirm that negotiations continue towards a longer term...
Full Story »
10y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Manor to exit administration as return looks possible

The Manor GP team (formerly Marussia) is set to exit administration later...
10y ago from GrandPrixTimes.com

'Rookie' Hamilton set for deal talks

World champion Lewis Hamilton says he knows his 'worth' as he prepares...
10y ago from BBC.co.uk

Hamilton ready to negotiate new contract himself

Lewis Hamilton says he's ready to sit down and negotiate a new contract...
10y ago from GrandPrixTimes.com

Video of the Day: Hamilton talks fashion

No description available...
10y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez cruises to MotoGP Sprint victory at Jerez

Ducati’s Marc Marquez cantered to a record-equalling fifth consecutive...

Pedro Acosta still ‘focused' on KTM amid Honda...

Pedro Acosta's manager Albert Valera has provided an update regarding his...

Popular On IndyCarToday.com

Arrow McLaren extends partnership with RJ Reynolds

Arrow McLaren announced on Tuesday that it has extended its Primary...

Christian Lundgaard ‘could not have dreamed’ of...

Christian Lundgaard has logged a sensational trio of races, and has...

Popular On TotalWRC.com

Toyota Gazoo Racing's silver lining

Toyota Gazoo Racing has a silver lining, literally. Not content with a...

Popular On GunnersToday.com

PSG vs. Arsenal: Mikel Arteta told 'the only way'...

Arsenal and Mikel Arteta are told the 'only way' they will beat Paris...
4h ago from SportsMole.co.uk

Man United handed transfer boost as Bryan Mbeumo 'is...

Christian Norgaard admits that Brentford teammate Bryan Mbeumo is 'likely'...
5h ago from SportsMole.co.uk

Arteta: Arsenal are here to make history against PSG

Mikel Arteta says Arsenal are ready to do something exceptional and start...
1h ago from SkySports.com

Arsenal transfer news: Gunners show 'fresh interest'...

Arsenal are reportedly showing fresh interest in signing one of West Ham...
2h ago from SportsMole.co.uk

Comments

Hottest News

Alpine team principal Oakes resigns

Alpine have announced team principal Oliver Oakes... Read More »
2h ago from SkySports.com

Daniel Ricciardo venture returns to F1 as new RB deal...

Daniel Ricciardo’s clothing brand Enchante has... Read More »
56m ago from GPFans.com

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.