News Details
End of the road is very near for Marussia
The eleventh hour is fast approaching for Marussia now called Manor, the name of the operating company,as the backmarker team is in administration and fast shedding its assets to pay millions in creditors' bills.
The Banbury factory, for one, is believed to have been sold to 2016 entrant Gene Haas, and key staff have defected to rival teams. It is believed Haas was also among the buyers of team equipment sold recently at auction, indicating that Marussia is clearly in its death throes.
But team president Graeme Lowdon was quoted on Sunday by Britain's Sky: 'There have been some auctions already but none of the equipment that has been sold so far is essential for the team to go forward.'...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
Haas acquires Marussia assets and Banbury base
Gene Haas has reportedly purchased Marussia's former base in Banbury after...
11y ago from GrandPrixTimes.com
Haas to bid for Marussia's assets in auction
Gene Haas says he's likely to bid for several items in Tuesday's Marussia...
11y ago from GrandPrixTimes.com
Marussia has 48 hours if it's to survive - Lowdon
The Marussia F1 Team (or Manor GP as it's listed on the FIA entrant...
11y ago from GrandPrixTimes.com
Last hours approach for ailing Marussia
The eleventh hour is fast approaching for Marussia.
Now called Manor, the...
11y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Why Alex Marquez has been struggling in MotoGP this...
No description available...
13h ago from Motorsport.com
Construction moving forward at Buenos Aires for...
No description available...
1d ago from Motorsport.com
Massimo Rivola: Aprilia has become the ‘benchmark’...
Massimo Rivola has admitted that Aprilia has become the current reference...
1d ago from MotorsportWeek.c...
Ducati playing “catch-up” to Aprilia but insists...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
1w ago from Motorsport.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
5d ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
6d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
5d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
1w ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Two key stars out for Arsenal, as Arteta confirms...
Arsenal will be up against Sporting CP in the UEFA Champions League...
3h ago from CaughtOffside.com
‘Use that fuel’: Mikel Arteta and David Raya urge...
t;li>Team will not panic in wake of City and Southampton defeatsRaya...
2h ago from TheGuardian.com
Arsenal latest: 'We feel pain of back-to-back defeats...
No description available...
2h ago from SkySports.com
Arsenal's injury crisis gives Arteta selection...
Two games, two defeats, two trophies slip out of Arsenal's grasp. If they...
3h ago from SkySports.com
Comments
Hottest News
'I'm the guy': Hollywood A-lister tells Mercedes he can...
If you're a Mercedes F1 reserve driver then look... Read More »
1h ago from GPFans.com
Christian Horner named as Audi saviour as new door opens...
Christian Horner has been named as a potential... Read More »
2h ago from GPFans.com
Legendary Ayrton Senna car to go under the hammer for eye...
A Toleman from the maiden F1 season of legendary... Read More »
3h ago from MotorsportWeek.com
