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
Marc Marquez to undergo surgery following Le Mans...
Marc Marquez has revealed he will undergo surgery on both his shoulder...
5h ago from MotorsportWeek.c...
Marc Marquez to miss at least two races after French...
No description available...
6h ago from Motorsport.com
Trackhouse boss Davide Brivio quits for factory Honda...
No description available...
4h ago from Motorsport.com
Instinct and faith, the keys to Jorge Martin's...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
Tymek Kucharczyk takes first Indy NXT win in Race 2 on...
No description available...
1h ago from Motorsport.com
IndyCar Indianapolis road course – Qualifying Results
After being delayed due to weather on Friday, IndyCar completed a full...
5h ago from MotorsportWeek.c...
Alex Palou storms to IndyCar pole at IMS
Late Saturday morning, the 25 drivers of the NTT IndyCar Series took to...
5h ago from MotorsportWeek.c...
Alex ‘perfect’ Palou claims Indy road course pole...
No description available...
5h ago from Motorsport.com
Popular On TotalWRC.com
WRC Portugal: Sebastien Ogier storms back into lead as...
No description available...
2h ago from Motorsport.com
WRC Rally Portugal organisers fined for stage security...
No description available...
36m ago from Motorsport.com
Sebastien Ogier’s Portuguese party continues
Saturday was the longest day of Rally de Portugal with nine stages and...
1h ago from MotorsportWeek.c...
WRC Portugal: Oliver Solberg stunningly jumps to first...
No description available...
10h ago from Motorsport.com
Popular On GunnersToday.com
'Come on you Irons' - Guardiola urges West Ham to slow...
Manchester City manager Pep Guardiola has signalled West Ham to help slow...
16m ago from SportsKeeda.com
Video: Brentford denied clear penalty vs Manchester...
Manchester City got very lucky in today's 3-0 Premier League win over...
2h ago from CaughtOffside.com
Rodri injury 'more serious' than expected – big...
The Rodri injury reportedly seems worse than Manchester City initially...
5h ago from CaughtOffside.com
Merse: Can't see anything apart from Arsenal winning...
Paul Merson thinks Arsenal winning the league is done deal after...
7h ago from SkySports.com
Comments
Hottest News
WEC 6 Hours of Spa: BMW deliver historic 1-2 in thriller,...
BMW M Team WRT secured its maiden FIA World... Read More »
36m ago from GrandPrix247.com
Lando Norris reveals honest take on F1 rival's title win:...
2025 F1 world champion Lando Norris has opened up... Read More »
46m ago from GPFans.com
Red Bull car opens up for Fernando Alonso but it will cost...
Two-time F1 world champion Fernando Alonso is... Read More »
1h ago from GPFans.com
