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Marussia, Caterhma held merger talks
Graeme Lowdon has confirmed that Marussia held talks with Caterham regarding a merger but that neither party could agree a deal.
As the team backmarker outfits continue to fight for survival - financially and during grand prix weekends - the teams met in the off-season to talk about joining forces as one team.
"I can confirm that discussions took place," Marussia's sporting director Lowdon told Sky Sports Online. "I wasn't involved in them and as I understand it, the conclusion was unacceptable to our shareholders. So nothing happened."
News of the failed merger broke on Thursday with the Times newspaper's Kevin Eason reporting that 'talks between the Marussia and...
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