News Details
Marussia F1 goes into administration
The Marussia F1 team has been placed into administration and will miss this weekend's United States Grand Prix, it has been confirmed. As anticipated, following comments made over the weekend by Bernie Ecclestone that suggested neither Marussia nor the embattled Caterham team would be making the trip to Texas, the team's absence from the race has now been acknowledged. Confirmed by FRP Advisory, which will be taking on administration duties of the British-based outfit, it says current owner Andrey Cheglakov is unable to supply investment and the team hasn't raised enough financial backing to continue via its existing shareholders. "Whilst the team has made significant progress during...
Full Story »
Full Story »
You May Also Be Interested In...
Marussia in administration
Marussia have entered administration and will miss this weekend's United...
11y ago from SkySports.com
Marussia placed into administration, confirms it will...
The Marussia F1 Team has entered administration and will not compete at...
11y ago from RichlandF1.com
Marussia enter administration
Marussia have entered administration and will miss this weekend's United...
11y ago from SkySports.com
Marussia now in administration, to miss U.S. GP
Marussia became the second team after Caterham to have gone into...
11y ago from F1Pulse.com
Elsewhere On The Network
Popular On MGPToday.com
Aleix Espargaro hospitalised after crash in Sepang...
No description available...
26m ago from Motorsport.com
Why MotoGP’s ‘Concorde Agreement’ remains...
No description available...
19h ago from Motorsport.com
Pedro Acosta says teaming up with Marc Marquez would...
No description available...
23h ago from Motorsport.com
Aprilia’s MotoGP advantage not due to special rear...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Feature: RLL’s split fortunes in Barber highlight...
At the most recent IndyCar race from Barber Motorsports Park, Graham...
15h ago from MotorsportWeek.c...
IndyCar: A closer look at Mick Schumacher's true pace
No description available...
1d ago from Motorsport.com
Will Power's father okay after wrestling with armed...
No description available...
1d ago from Motorsport.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Motorsport Week is hiring – Rally and Sportscar...
Motorsport Media Services are looking to expand its coverage, and in...
11h ago from MotorsportWeek.c...
How Takamoto Katsuta’s maiden WRC win is impacting...
No description available...
1d ago from Motorsport.com
Hyundai continues to honour Craig Breen's memory
Hyundai Shell Mobis World Rally Team will run a special livery at this...
1d ago from MotorsportWeek.c...
Hyundai unveils Craig Breen tribute livery for WRC...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
‘He could be the key' – Rio Ferdinand...
The Premier League title race has reached its boiling point, and the...
46m ago from CaughtOffside.com
“It was massive” - Gary Neville picks Arsenal...
Gary Neville has named Sol Campbell’s move from Tottenham Hotspur to...
1h ago from SportsKeeda.com
Sources: Arsenal face paying at least 180m after...
Arsenal have recently taken steps to explore a potential transfer move for...
1h ago from CaughtOffside.com
7 shots, 93% pass accuracy: Arsenal transfer target...
Khvicha Kvaratskhelia has been linked with Arsenal recently and his...
2h ago from CaughtOffside.com
Comments
Hottest News
Breaking: Max Verstappen loses right-hand man Gianpiero...
A major blow for Red Bull, which is once again... Read More »
3h ago from RacingNews365.com
Gianpiero Lambiase exit provides huge hint about Max...
The news that Gianpiero Lambiase is leaving Red... Read More »
1h ago from GPFans.com
Red Bull rocked: Lambiase set to move to McLaren!
Gianpiero Lambiase – Max Verstappen’s... Read More »
1h ago from F1i.com
