News Details

Marussia no longer owned by Marussia Motors

The Marussia F1 team is no longer owned by Marussia Motors, according to team spokesperson Tracy Novak. The outfit was sold to businessman Nikolai Fomenko in 2010 and then renamed Marussia to sit alongside his supercar business. However operations at Marussia Motors have ceased, but Novak insists it doesn't mean anything for the F1 team which is now owned by a company independent of the Marussia brand. "The supercar project was ambitious, but it is disappointing that it was unable to get to market," she told R-Sport. "There is no impact whatsoever on the Formula 1 team's operation." The break-up isn't expected to harm Marussia's financial situation, with Novak confirming...
Full Story »
11y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Marussia no longer owned by Russian supercar maker

John Booth and Nikolay Fomenko during the Marussia takeover announcement...
11y ago from GrandPrix247.com

Marussia no longer owned by Russian supercar maker

F1 team Marussia has split with its Russian supercar maker owner. The...
11y ago from GrandPrix.com

Marussia: The mood in the team after qualifying was a...

Marussia: The mood in the team after qualifying was a little downbeat 5...
11y ago from GrandPrix247.com

Briatore says Ferrari team no longer excellent

While Ferrari's global brand remains strong, the health of the Maranello...
11y ago from GrandPrix.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

FOX acquires 33% stake in Penske Entertainment, IndyCar

Fox Corporation, parent company of broadcast company FOX Sports, has...

Colton Herta: IndyCar at Laguna Seca is a...

IndyCar’s latest visit to Laguna Seca produced rave reviews from...

Popular On TotalWRC.com

Kalle Rovanperä leads five-driver Toyota lockout in...

Wet weather greeted the competitors on Saturday morning as the longest...
13h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Mikel Arteta has already been fine-tuning new tactics...

Arsenal manager Mikel Arteta has reportedly already begun adjusting his...
18h ago from CaughtOffside.com

The new Arsenal figure who's made a big impression on...

Arsenal's new coach Gabriel Heinze has reportedly made quite an impression...
19h ago from CaughtOffside.com

Report: Tottenham intensify contacts to sign 90m-rated...

Tottenham Hotspur are hoping to sign Rodrygo Goes from Real Madrid during...
19h ago from CaughtOffside.com

'He could play tomorrow if the Premier League started'...

Journalist Graeme Bailey has claimed that Arsenal coaches and the Gunners'...
17h ago from SportsKeeda.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.