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Williams rejects Marussia merger opportunity
Williams has reportedly rejected an attempt by Marussia's owner to merge the two teams in an attempt to form a stronger, more financially resilient outfit. Whilst the terms of the proposed deal aren't clear, it's believed Marussia owner Andrei Cheglakov attempted to buy Toto Wolff's 15 per cent stake in Williams. Cheglakov is reportedly tired of Marussia's competitiveness and is keen to see them move up the grid. Whilst William's isn't doing much better, the Russian billionaire believes merging budgets, talent and facilities would result in improvements. The deal, according to Auto Motor und Sport, had the backing of Formula 1 CEO Bernie Ecclestone, but was rejected by team principal...
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12y ago from TheF1Times.com
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