News Details
Struggling F1 teams still face uncertain future
Less than a month before official winter testing begins, the future of the ailing backmarkers Marussia and Caterham remains unclear.
Marussia's administrators have auctioned team equipment, and the factory at Banbury could even be sold to the new American team for 2016, Haas.
That is to pay back a long list of creditors, with Forbes journalist Christian Sylt saying even staff are still owed more than $72,000 in pay.
But administrator Geoff Rowley insists there 'continues to be dialogue with a number of parties who are considering making an investment into the company'.
To date, however, Rowley admitted that 'no satisfactory offer or strategy has been offered to presently allow racing to...
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11y ago from ThisIsF1.com
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