News Details

Marussia may be saved as potential investor emerges

Hopes of reviving the failed Marussia Formula 1 team grew on after an auction of their cars and equipment was postponed to allow talks with a potential new investor. The 2014 cars, spares and race equipment had been due to go on sale on Wednesday but administrators FRP Advisory said it had been 'halted to allow for discussions to continue with a third party. 'Given the confidential nature of the negotiations underway we are unable to provide further details,' they added in a statement. John Booth (below) who was principal of the Banbury-based team when they went into administration and missed the last three races of 2014, told the BBC he hoped there could be a deal in time for the start...
Full Story »
11y ago from GrandPrix247.com 0
Share

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 auction halted

Hopes of reviving the failed Marussia Formula One team grew on Monday...
11y ago from SuperSport.com

Marussia auction cancelled as rescue deal emerges

A Marussia auction scheduled to take place on Wednesday has been...
11y ago from GrandPrixTimes.com

Marussia still eligible for prize money - Ecclestone

Marussia would still be entitled to collect the prize money it earned from...
11y ago from GrandPrixTimes.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Pato O’Ward labels Scott Dixon ‘perfect person to...

Pato O’Ward is looking forward to being able to learn new tips and...

IndyCar video game delayed until 2027

iRacing and IndyCar have announced more details surrounding the upcoming...

Popular On TotalWRC.com

Popular On GunnersToday.com

Update: Contacts held as clubs queue up to sign...

Arsenal winger Gabriel Martinelli is reportedly attracting transfer...
2h ago from CaughtOffside.com

New talks held: Man City communicate plans to £85m...

Manchester City have reportedly intensified talks over signing Lille...
5h ago from CaughtOffside.com

Arsenal to 'accelerate' talks for £35m starlet after...

Arsenal are stepping up their chase for Christos Tzolis, with the attacker...
8h ago from CaughtOffside.com

After Trossard: Another attacker is on his way out of...

Arsenal’s attacking rebuild is gathering pace, with Mikel Arteta...
9h ago from CaughtOffside.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.