News Details
Marussia ceases trading, staff made redundant
– Marussia's administrators, FRP Advisory, confirmed on Friday that the Formula 1 team has ceased trading and all employees will be made redundant, following unsuccessful discussions with potential investors.Marussia entered administration last month but had hoped to return to the grid for the Abu Dhabi season finale, having skipped the United States and Brazilian Grands Prix.However, the deadline to find a new backer has passed, leading to the Banbury-based team being wound up and the loss of about 200 jobs."It goes without saying that it's deeply regrettable that a business with such a great following in Britain and worldwide has had to cease trading and close its doors,"...
Full Story »
Full Story »
10y ago from GPUpdate.net
0
You May Also Be Interested In...
Marussia ceases trading, administrators confirm
Administrators acting on behalf of Marussia have confirmed that the...
10y ago from F1Zone.net
Marussia F1 Team ceases trading
The Marussia F1 Team has folded and its staff made redundant, the team's...
10y ago from Crash.net
Marussia to be wound up
Marussia's administrators confirmed on Friday that the Formula 1 team is...
10y ago from SkySports.com
Caterham administrators in talks with 'credible'...
Caterham F1 Team
Administrators for the Caterham F1 Team say that they...
10y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Czech GP: Francesco Bagnaia questions his...
No description available...
10h ago from Motorsport.com
How Jorge Martin's first day back with Aprilia in...
No description available...
12h ago from Motorsport.com
Marc Marquez leads the way in second Brno MotoGP...
The complex interchangeable conditions sees Marc Marquez lead the field...
14h ago from MotorsportWeek.c...
Alex Marquez scrapes into Q2 at MotoGP Czech Grand...
No description available...
11h ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood tops opening IndyCar practice on slick...
IndyCar travels north of the Canadian border this weekend to tackle the...
8h ago from MotorsportWeek.c...
Arrow McLaren's Nolan Siegel cleared to race in Toronto
No description available...
1d ago from Motorsport.com
Kyle Kirkwood says people should appreciate Alex...
No description available...
1d ago from Motorsport.com
Taylor Barnard rejected McLaren IndyCar and WEC offers...
Taylor Barnard has turned down the chance to race for Arrow McLaren in...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
9h ago from Motorsport.com
Sensational Solberg leads Rally Estonia!
It may be just a one-off outing in Toyota Gazoo Racing’s GR Yaris...
11h ago from MotorsportWeek.c...
Oliver Solberg continues dream Rally1 return to extend...
No description available...
12h ago from Motorsport.com
Oliver Solberg stuns WRC field to lead Rally Estonia...
No description available...
18h ago from Motorsport.com
Popular On GunnersToday.com
Real Madrid Transfer News Roundup: Arsenal eyeing 80m...
Real Madrid have been quite active in the transfer market this summer, and...
59m ago from SportsKeeda.com
Sources: Man United still in the race to sign...
Manchester United remain in the race for the potential transfer of...
9m ago from CaughtOffside.com
'The conversations are continuing' - Fabrizio Romano...
Arsenal and Sporting CP are reportedly battling over 7 million of the...
8h ago from SportsKeeda.com
Xavi Simons player profile: How much would the Chelsea...
RB Leipzig attacker Xavi Simons is currently one of the most sought-after...
10h ago from CaughtOffside.com
Comments
Hottest News
Oscar Piastri makes 'conflicted' Lando Norris F1 title...
Oscar Piastri is battling McLaren team-mate Lando... Read More »
1h ago from RacingNews365.com
Lewis Hamilton domination triggers 'conflict' at Ferrari
Former F1 team boss Guenther Steiner has claimed... Read More »
11h ago from GPFans.com
Mercedes replacing George Russell with Max Verstappen would...
2009 F1 World Champion Jenson Button has advised... Read More »
19h ago from MotorsportWeek.com
