News Details
Hope for Marussia?
Administrator for Marussia says the company will 'exit administration' later this month as talks continue with interested parties.The Banbury-based outfit went into administration in October and appeared doomed, however, behind the scenes administrators FRP Advisory have been working frantically in an attempt to save the team.Today, as the opening pre-season test draws to a close at Jerez, joint administrator, Geoff Rowley, a partner at FRP Advisory, issued the following statement:'Since the appointment of administrators negotiations have taken place with a number of parties to try and secure a long-term solution for the team.We can confirm that negotiations continue towards a longer term...
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