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Marussia enter administration

Marussia have entered administration and will miss this weekend's United States Grand Prix, it was confirmed on Monday.A statement released by the administrators, FRP Advisory LLP, said that with current owner Andrey Cheglakov no longer able to provide investment, the team had tried unsuccessfully to find backing elsewhere.The administrators have refused to rule out a return at either the Brazilian or Abu Dhabi GPs but added that Marussia's re-appearance - not to mention the futures of nearly 200 employees - depends on whether a buyer can be found.The statement, made by joint administrator Geoff Rowley, added that only a "very limited window of opportunity" exists for...
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11y ago from SkySports.com 0
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