News Details

Marussia set to exit administration this month

– Marussia's administrators have announced that the team is set to exit administration later this month, through a Company Voluntary Arrangement.Marussia fell into administration last October, and missed the final three rounds of the 2014 season in the United States, Brazil and Abu Dhabi.But as talks continued with a potential investor, a planned auction of Marussia's final assets – including race cars and pit equipment – was cancelled last month.The team still holds an official entry for the upcoming Formula 1 campaign, under the Manor Grand Prix Limited moniker."Since the appointment of administrators negotiations have taken place with a number of parties to try and secure...
Full Story »
Share

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

Marussia set to exit administration on February 19

Sky Sports News HQ’s Craig Slater has the latest on Marussia:...
10y ago from ThisIsF1.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

Hope for Marussia?

Administrator for Marussia says the company will 'exit administration'...
10y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Jonathan Rea to miss WorldSBK season opener at Phillip...

Jonathan Rea has been ruled out of the WorldSBK season opener at Phillip...

Ducati using 2024 chassis and aero ‘a real...

Ducati has revealed that there is 'a real possibility' of the team using...

Popular On IndyCarToday.com

IndyCar tire allocations, practice rules updated for...

IndyCar has announced multiple updates to rules regarding use of the...

Team Penske quickest in final IndyCar test day

The NTT IndyCar Series held its second and final preseason open test day...

Pit lane speed adjustments made for 2025 IndyCar season

The NTT IndyCar Series has announced a few changes for the upcoming 2025...

Pato O’Ward fastest in first day of IndyCar...

The entire NTT IndyCar Series paddock set up shop in Sebring, Florida on...

Popular On TotalWRC.com

Elfyn Evans wins Rally Sweden by a whisker

Super Sunday on Rally Sweden was just that! After 300km of hard racing,...

Elfyn Evans under pressure on Rally Sweden –...

Elfyn Evans and Scott Martin maintained their lead on Rally Sweden after...

Popular On GunnersToday.com

Raheem Sterling: Why Arsenal's 'shell of a player'...

Arsenal's Raheem Sterling appears to be on an 'irreversible decline' after...
44m ago from SportsMole.co.uk

Real Madrid 'could spark Premier League scramble' with...

Real Madrid are reportedly willing to let Premier League-linked midfielder...
2h ago from SportsMole.co.uk

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.