News Details

Marussia assets up for auction

As Administrators for Caterham continue to seek a buyer for the team, the assets of rivals Marussia have been put up for auction.The Banbury outfit which entered the sport (as Virgin) in 2010 lured, along with Caterham and Hispania, by the promise of a budget cap which would level the playing field, ceased trading at the beginning of the month, making 200 employees redundant.Still reeling from the horrific accident in Japan that left Jules Bianchi fighting for his life, Marussia managed one more race (Russia), albeit with just one driver, Max Chilton, on duty, before finally going under.Though, like Caterham, there had been glimmers of hope, the team and its assets are now up for auction...
Full Story »
11y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Marussia's assets to be auctioned off in December

Marussia's assets are to be auctioned off in mid-December by order of FRP...
11y ago from TheF1Times.com

Marussia equipment set to be auctioned off

– Assets belonging to Marussia will be auctioned off at the team's...
11y ago from GPUpdate.net

Caterham hopeful buyer will come through

Caterham pit garage in Abu Dhabi Caterham are talking to a potential buyer...
11y ago from GrandPrix247.com

Caterham hopeful buyer will come through

Caterham are talking to a potential buyer who could put the stricken...
11y ago from SuperSport.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...

McLaren wins contract breach suit against Alex Palou

McLaren has prevailed in its lawsuit against star IndyCar driver Alex...

Popular On TotalWRC.com

Solberg steals the show on Saturday

Oliver Solberg and Elliot Edmondson continued where they left off on...
14h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Selection decisions for Arteta as Man Utd visit

Morning. It's a big one today as Man Utd come to town for our first home...
32m ago from Arseblog.com

Arsenal step up interest in midfielder but he is...

Arsenal are closely monitoring the progress of Víctor Valdepeñas, one of...
2h ago from CaughtOffside.com

Manchester United legend Paul Scholes names one...

Manchester United legend Paul Scholes believes Jurrien Timber has been a...
3h ago from SportsKeeda.com

Report: Arsenal ‘in talks' to sign Real Madrid...

Arsenal are stepping up their long-term recruitment planning, with sources...
9h ago from FreshArsenal.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.