News Details
Marussia to exit administration
Marussia's administrators have announced that the beleaguered team will exit administration on February 19 via a Company Voluntary Arrangement.The Banbury-based squad missed the final three races of the 2014 season after their Russian backer, Andrey Cheglakov, pulled his backing following the Grand Prix in Sochi.Cheglakov's Marussia Motors company had folded in April 2014 without producing a road car during its seven years in business.A planned auction of the team's remaining assets was cancelled in January – something former president Graeme Lowdon said was key to their survival – and they hold an official entry for the 2015 F1 season as Manor Grand Prix Limited."It...
Full Story »
Full Story »
10y ago from SkySports.com
0
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
Hope for Marussia?
Administrator for Marussia says the company will 'exit administration'...
10y ago from Pitpass.com
Kvyat loses wing clocking few competitive laps
February 2, 2015 .- Red Bull and Lotus caused a stir on Monday as the...
10y ago from GPRacingPlus.com
Force India not ready have to skip Jerez test
Force India has announced it will sit out the first winter test of the...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Losing MotoGP concessions would be “nothing but good...
No description available...
2h ago from Motorsport.com
Thailand signs new deal to remain on MotoGP calendar...
The Chang International Circuit will remain on the MotoGP calendar after...
2h ago from MotorsportWeek.c...
Marc Marquez: Missing Valencia test won’t impact my...
No description available...
7h ago from Motorsport.com
Nicolo Bulega explains why he had to change his...
After completing his first MotoGP race weekend, Nicolo Bulega explained...
7h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
RLL locks in Louis Foster with extended IndyCar...
Rahal Letterman Lanigan Racing has announced an extension to its contract...
1h ago from MotorsportWeek.c...
AJ Foyt Racing expands veteran support program to full...
AJ Foyt Racing has announced that its successful Homes For Our Troops...
23h ago from MotorsportWeek.c...
McLaren’s lawsuit against IndyCar champ Alex Palou...
The lengthy court battle between McLaren and Alex Palou is nearing a...
6d ago from MotorsportWeek.c...
Caio Collet advances up to IndyCar with AJ Foyt Racing
AJ Foyt Racing has announced that Caio Collet will drive for the team in...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
What Toyota expects from 2026 WRC signing Oliver...
No description available...
2d ago from Motorsport.com
Oliver Solberg secures full-time Toyota WRC drive for...
No description available...
2d ago from Motorsport.com
Hyundai already working on “Plan B” for 2026 WRC...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal & Man United want player with 'rare blend...
Arsenal and Manchester United are interested in signing the highly rated...
57m ago from CaughtOffside.com
Chelsea ahead of rivals Arsenal and Liverpool in race...
Chelsea are reportedly ahead of Arsenal and Liverpool in the race to sign...
1h ago from SportsKeeda.com
Report: Arsenal preparing ambitious move for attacker...
Arsenal are reportedly preparing a bold and ambitious move to sign Real...
6h ago from CaughtOffside.com
'He started the season again a little bit shaky' -...
Chelsea legend John Obi Mikel has urged the Blues to replace Robert...
5h ago from SportsKeeda.com
Comments
Hottest News
Lewis Hamilton opens up on £64million court battle over...
Seven-time F1 champion Lewis Hamilton has issued... Read More »
56m ago from GPFans.com
Did Max Verstappen's pit lane to podium heroics show a...
While Max Verstappen's charge from the pit lane... Read More »
57m ago from MotorsportWeek.com
Wolff dismisses Verstappen's title chances: ‘That ship...
The Formula 1 title fight has been whittled down... Read More »
1h ago from F1i.com
