News Details

Marussia in advanced rescue talks

Marussia and its administrators has confirmed an auction of team equipment has been postponed due to rescue talks with a potential investor. Earlier on Monday, it emerged that the sale of 2014 cars, components and race-day equipment scheduled for Wednesday was called off by the team's administrators. The BBC has quoted the administrator as confirming the auction was delayed "to allow for discussions to continue with a third party". Boss John Booth, who founded the F3 outfit Manor in 1990, explained that the talks are at a "fairly advanced stage" with a "credible investor". "Postponing the auction gives us a bit more time to explore it," he added....
Full Story »
11y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Marussia in ‘advanced’ rescue talks

Marussia and its administrators has confirmed an auction of team...
11y ago from ThisIsF1.com

Marussia may be saved as potential investor emerges

Hopes of reviving the failed Marussia Formula 1 team grew on after an...
11y ago from GrandPrix247.com

Marussia auction halted

Hopes of reviving the failed Marussia Formula One team grew on Monday...
11y ago from SuperSport.com

Marussia auction cancelled as rescue deal emerges

A Marussia auction scheduled to take place on Wednesday has been...
11y ago from GrandPrixTimes.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

All drivers clear Indy 500 Rookie Orientation...

IndyCar’s two-day test session for the Indianapolis 500 got underway...
11h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Oliver Solberg crashes out of Rally Islas Canarias

Oliver Solberg and Elliot Edmondson have crashed out of Rally Islas...

Sebastien Ogier dominates Rally Islas Canarias

Sebastien Ogier and Vincent Landais headed a Toyota one-two-three-four in...

Popular On GunnersToday.com

PSG 5-4 Bayern was the game of the season, but Arsenal...

PSG's 5-4 win over Bayern Munich on Tuesday night was undoubtedly one of...
7h ago from CaughtOffside.com

Erling Haaland appears to aim subtle dig at Arsenal...

Manchester City striker Erling Haaland has sparked a social media frenzy...
7h ago from CaughtOffside.com

'My mindset…' – Arsenal star responds to...

Arsenal captain Martin Odegaard has played down transfer speculation over...
10h ago from CaughtOffside.com

World-class manager speaks out as 28-G/A phenomenon is...

Atletico Madrid striker Julian Alvarez has been linked with a move away...
11h ago from CaughtOffside.com

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.