News Details
Marussia F1 hopes boosted as it hopes to exit administration
AP Photo/Yves Logghe Marussia hopes to exit administration this month, boosting the Formula One team's hopes of lining up in the season-opening race on March 15. Marussia missed the final three Grands Prix last year after heavy debts forced it into administration in October, along with Caterham. It was provisionally entered for 2015 under the name of Manor, and hopes were initially raised last month after a planned auction to sell the team's remaining assets was cancelled. Marussia wants to exit administration on Feb. 19 via a Company Voluntary Arrangement (CVA). The team's co-administrator, Geoff Rowley, says a CVA, agreed with company creditors, 'allows for a turnaround of...
Full Story »
Full Story »
10y ago from F1Pulse.com
0
You May Also Be Interested In...
Marussia set to exit administration this month
– Marussia's administrators have announced that the team is set to...
10y ago from GPUpdate.net
Marussia set to exit administration on February 19
Sky Sports News HQ’s Craig Slater has the latest on Marussia:...
10y ago from ThisIsF1.com
Marussia set to exit administration
Marussia F1 Team
The beleaguered Marussia outfit is set to exit...
10y ago from F1Zone.net
Marussia to exit administration on February 19, could...
+ The former Marussia team will exit administration on February 19 via a...
10y ago from RichlandF1.com
Elsewhere On The Network
Popular On MGPToday.com
Why Aprilia boss is "disappointed" about not...
No description available...
14h ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
1d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
2d ago from Motorsport.com
Trackhouse Aprilia launches two liveries ahead of 2026...
Trackhouse Aprilia satellite team has launched its two new liveries in...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar penalizes Abel Motorsports for rig testing
No description available...
11h ago from Motorsport.com
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
16h ago from MotorsportWeek.c...
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
19h ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
17h ago from Motorsport.com
Popular On TotalWRC.com
WRC Monte Carlo: Oliver Solberg moves clear of the...
No description available...
10h ago from Motorsport.com
Solberg sensational in the snow (and slush, and rain)
Oliver Solberg and Elliot Edmondson, making their debut as full-time...
13h ago from MotorsportWeek.c...
FIA offers update on new WRC commercial rights holder...
No description available...
14h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
17h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal hold talks to discuss move to sign...
Arsenal are investigating a move for former Manchester City star Julian...
1h ago from SportsKeeda.com
Mikel Arteta tells these Arsenal players 'they have to...
Arsenal manager Mikel Arteta has explained that his bigger squad this...
8h ago from CaughtOffside.com
Carrick's Man Utd aiming to 'prove' themselves as...
Manchester United head coach Michael Carrick is relishing the opportunity...
8h ago from SkySports.com
Arsenal and Man United exploring move for...
Arsenal and Manchester United are reportedly exploring a potential move...
9h ago from CaughtOffside.com
Comments
Hottest News
Former Mercedes chief reacts to alleged F1 engine trick
Andy Cowell was the director of Mercedes High... Read More »
43m ago from RacingNews365.com
'The new regulations demand innovation,' claims Wolff after...
Mercedes has presented the first images of its... Read More »
1h ago from F1Technical.net
2026 Daytona 24 Hours start time today
The Daytona 24 Hours takes place today! Here is... Read More »
1h ago from RacingNews365.com
