News Details
Marussia auction cancelled as rescue deal emerges
A Marussia auction scheduled to take place on Wednesday has been cancelled, amid a potential rescue deal emerging which could see the team make the first race of the season. The outfit entered administration in October which saw it miss the final three races of the 2014 season. Much of its equipment was sold off in December by administators FRP Advisory in an attempt to recover some of the teams £31 million debts. However, the equipment necessary to operate the team remains at their factory - which is now owned by Gene Haas - and was set to be auctioned off on Wednesday. That has now been postponed indefinitely whilst rescue talks are underway. "[We're] at a fairly advanced stage...
Full Story »
Full Story »
11y ago from GrandPrixTimes.com
0
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 has 48 hours if it's to survive - Lowdon
The Marussia F1 Team (or Manor GP as it's listed on the FIA entrant...
11y ago from GrandPrixTimes.com
Haas to bid for Marussia's assets in auction
Gene Haas says he's likely to bid for several items in Tuesday's Marussia...
11y ago from GrandPrixTimes.com
Time nearly up for Marussia
Any remaining hope that Marussia could return to the F1 grid this season...
11y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
Why Dani Pedrosa won't replace Maverick Vinales at Le...
No description available...
18h ago from Motorsport.com
Toprak Razgatlioglu: Yamaha struggles make me think...
No description available...
23h ago from Motorsport.com
Andrea Iannone returns to MotoGP paddock in...
No description available...
22h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar officiating board helps shape Push to Pass...
IndyCar’s new Independent Officiating Board has made one of its first...
18h ago from MotorsportWeek.c...
IndyCar expands Push to Pass availability
The NTT IndyCar Series has announced a change to the series’ Push to...
19h ago from MotorsportWeek.c...
FOX unveils plan for 60 hours of Indy 500 coverage
No description available...
1d ago from Motorsport.com
Motorsport legend Alex Zanardi dies aged 59
Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Ott Tanak can help Toyota's WRC 2027 car...
No description available...
22h ago from Motorsport.com
Why Hyundai’s WRC season “really starts” at...
No description available...
1d ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
6d ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Declan Rice wasted no time in taking a swipe at...
The Emirates Stadium was absolutely rocking on Tuesday night as Arsenal...
42m ago from CaughtOffside.com
'Arteta already deserves a statue' - UCL legend lauds...
Champions League winner Wesley Sneijder has showered praises on Arsenal...
1h ago from SportsKeeda.com
Arsene Wenger highlights decisive factor in Arsenal's...
Former Arsenal manager Arsene Wenger has explained how the Gunners...
2h ago from CaughtOffside.com
'We have 4 finals' - William Saliba sends message to...
Arsenal centre-back William Saliba has said that his side face four...
2h ago from SportsKeeda.com
Comments
Hottest News
George Russell Mercedes contract clause is ‘messing with...
George Russell's Mercedes contract situation... Read More »
3h ago from GPFans.com
Fernando Alonso just dropped the coldest truth bomb on...
Aston Martin F1 driver Fernando Alonso has... Read More »
22m ago from GPFans.com
Max Verstappen claims he's in the F1 jungle after Miami GP
Four-time F1 champion Max Verstappen is not used... Read More »
1h ago from GPFans.com
