News Details
Marussia set to exit administration on February 19
Sky Sports News HQ’s Craig Slater has the latest on Marussia: “Marussia have announced their intention to come out of administration by a company voluntary arrangement. I have been in touch with their administrators and one of them – James Rossiter – has released this statement:
‘It is envisaged that, prior to the commencement of the first race of the 2015 season, investment into the business will be made upon the Company exiting from administration via a Company Voluntary Arrangement (“CVA”), which is planned for 19 February 2015. A CVA is a restructuring process agreed with the Company’s creditors which allows for a turnaround of the business and the creation of a...
Full Story »
Full Story »
10y ago from ThisIsF1.com
0
You May Also Be Interested In...
Marussia to exit administration
Marussia's administrators have announced that the beleaguered team will...
10y ago from SkySports.com
Hope for Marussia?
Administrator for Marussia says the company will 'exit administration'...
10y ago from Pitpass.com
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
Vettel pondered F1 exit amid career crisis – Horner
Before making the radical switch to Ferrari, Sebastian Vettel...
10y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha to test V4 MotoGP engine at Valencia this week
No description available...
14h ago from Motorsport.com
Martin suffers eight rib fractures in Qatar GP crash
No description available...
17h ago from Motorsport.com
Marquez’s perfection, Bagnaia’s affliction:...
No description available...
19h ago from Motorsport.com
Tech3 KTM slams ‘bitter’ Qatar MotoGP penalty...
Tech3 KTM boss Nicolas Goyon says the Qatar MotoGP round has left a...
17h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar sees 50% viewership drop on FOX after going...
No description available...
8h ago from Motorsport.com
Pit stop strategy separates the winners and losers in...
No description available...
8h ago from Motorsport.com
FOX explains why IndyCar race at Thermal switched to...
No description available...
8h ago from Motorsport.com
Winners and losers from IndyCar’s 2025 Grand Prix of...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Details of WRC’s first rally in Paraguay emerge
No description available...
6d ago from Motorsport.com
Outback diplomacy: Finnish ambassador braves...
o Haapea hopes to raise $30,000 for cancer research as he navigates the...
1w ago from TheGuardian.com
Popular On GunnersToday.com
Arsenal 'learn' Kingsley Coman asking price as Bayern...
Arsenal reportedly learn how much it will take to sign Kingsley Coman from...
5h ago from SportsMole.co.uk
Liverpool's 10 greatest comebacks of all time on...
To mark the nine-year anniversary of Liverpool's stunning comeback over...
8h ago from SportsMole.co.uk
Real Madrid team news: Los Blancos 'suffer double...
Real Madrid suffer a double injury blow ahead of Wednesday's Champions...
5h ago from SportsMole.co.uk
Tennis star Carlos Alcaraz gives opinion on Real...
Men's tennis star Carlos Alcaraz has delivered his verdict on the...
8h ago from SportsKeeda.com
Comments
Hottest News
Piastri matches F1 feat not achieved for exactly 800 races
Oscar Piastri matched an F1 record that has not... Read More »
51m ago from RacingNews365.com
Lewis Hamilton disqualification prompts George Russell...
Red Bull's motorsport adviser Helmut Marko has... Read More »
7h ago from GPFans.com
2025 F1 Jeddah schedule & start times - Saudi Arabian GP
We wrap up the triple-header with the upcoming... Read More »
31m ago from RacingNews365.com
