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
Joan Mir reflects on ‘long, tiring journey' to...
Joan Mir and Honda celebrated their first MotoGP podium finish together...
2h ago from MotorsportWeek.c...
Marco Bezzecchi reveals extent of injuries in Japan...
No description available...
3h ago from Motorsport.com
Pedro Acosta: Marc Marquez 2025 title ‘the...
Pedro Acosta believes Marc Marquez's 2025 MotoGP title triumph is the...
1d ago from MotorsportWeek.c...
Dorna moves MotoGP season launch to Kuala Lumpur from...
No description available...
21h ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher to make IndyCar test debut with Rahal...
No description available...
3d ago from Motorsport.com
Mick Schumacher set for IndyCar test with RLL
Rahal Letterman Lanigan Racing has announced that it will bring in Mick...
3d ago from MotorsportWeek.c...
Andretti hires ex-Penske director Ron Ruzewski as...
Andretti Global announced on Wednesday that it has hired Ron Ruzewski as...
5d ago from MotorsportWeek.c...
Andretti Global signs ex-Penske Ron Ruzewski as team...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai WRT on the attack
Hyundai Shell Mobis World Rally Team is not taking their 2025 drubbing at...
4d ago from MotorsportWeek.c...
Mandated rest periods at WRC rallies to face FIA vote
No description available...
6d ago from Motorsport.com
Hyundai call set to boost Ott Tanak’s WRC title...
No description available...
6d ago from Motorsport.com
WRC swaps Sardinia for Rome as home of Rally Italy...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
“Every Real Madrid defeat is like a balm for my...
Arsenal cult hero Andrey Arshavin has expressed his desire for Real Madrid...
1h ago from SportsKeeda.com
Official: Arsenal confirm William Saliba has signed a...
Arsenal have officially confirmed that star defender William Saliba has...
2h ago from CaughtOffside.com
Saliba signs new long-term contract with Arsenal
William Saliba has signed a new long-term contract with Arsenal.
3h ago from SkySports.com
Arsenal are in good shape after the opening six games
Morning. I remain very pleased with our win over Newcastle on Sunday, and...
5h ago from Arseblog.com
Comments
Hottest News
Hamilton pays tribute as his dog Roscoe dies
Lewis Hamilton says he has made the "hardest... Read More »
23h ago from BBC.co.uk
Four race absences confirmed for Max Verstappen in 2026
Four race absences have been confirmed for F1... Read More »
6h ago from GPFans.com
Toto Wolff reveals depth of Max Verstappen-Mercedes talks
Mercedes boss Toto Wolff has given insight into... Read More »
3h ago from MotorsportWeek.com