News Details
Marussia ceases trading
The Marussia Formula 1 team have ceased trading with over 200 employees made redundant with immediate effect.
The Formula 1 team went into administration last month and did not attend the United States GP while also sitting out this weekend's race in Brazil.
Marussia, though, had hoped to find a buyer or a cash injection to continue in Formula 1.
However, on Friday it was announced that a deadline of 12:00 GMT had come and gone without any money coming through.
As such Geoff Rowley, the joint administrator at FRP Advisory, has announced that the team has folded.
"It goes without saying that it is deeply regrettable that a business with such a great following in British and world...
Full Story »
Full Story »
11y ago from PlanetF1.com
0
You May Also Be Interested In...
Marussia ceases trading, staff made redundant
– Marussia's administrators, FRP Advisory, confirmed on Friday that...
11y ago from GPUpdate.net
Marussia F1 team ceases trading
Getty Images Enlarge Marussia's administrators have confirmed the...
11y ago from espnF1.com
Marussia ceases trading with all 200 staff made...
+ Marussia’s administrators have confirmed that the team has ceased...
11y ago from RichlandF1.com
Marussia ceases trading, administrators confirm
Administrators acting on behalf of Marussia have confirmed that the...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
KTM finally gets to 'revitalize' its MotoGP engines
No description available...
10h ago from Motorsport.com
Enea Bastianini completes 2027 Trackhouse MotoGP lineup
Trackhouse has confirmed the signing of Enea Bastianini on a two-year...
12h ago from MotorsportWeek.c...
Enea Bastianini joins Trackhouse for 2027 MotoGP...
No description available...
14h ago from Motorsport.com
The advice MotoGP champion Marc Marquez gave Isack...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Lundgaard ‘Happy to not see Palou win for once’ en...
No description available...
4h ago from Motorsport.com
Andretti and Will Power hitting stride after rough...
Will Power earned his third consecutive IndyCar podium on Sunday while...
8h ago from MotorsportWeek.c...
Official race results: 2026 IndyCar Freedom 250 Grand...
No description available...
1d ago from Motorsport.com
Complete IndyCar championship standings after 2026...
No description available...
22h ago from Motorsport.com
Popular On TotalWRC.com
Could qualifying resolve the WRC’s 2027 road order...
No description available...
7h ago from Motorsport.com
Sebastien Ogier ready for WRC return after Finland...
No description available...
3d ago from Motorsport.com
Esapekka Lappi to rejoin Hyundai for WRC Rally Chile
No description available...
6d ago from Motorsport.com
Champion rally driver Alex Fiorio dies aged 61
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Julian Alvarez stance emerges as Arsenal keep pushing...
Julian Alvarez continues to be linked with a move to Arsenal, and the...
2h ago from CaughtOffside.com
Arsenal seduced by idea of signing 70 million Belgian...
According to Foot Mercato (via Sport BIBLE), Arsenal have added Lille...
3h ago from SportsKeeda.com
“He doesn’t get back in the Arsenal team” - John...
Chelsea legend John Terry believes William Saliba will not be able to earn...
3h ago from SportsKeeda.com
Arsenal target exciting 15-G/A attacker but face 70...
Matias Fernandez-Pardo has been linked with a move away from Lille this...
5h ago from CaughtOffside.com
Comments
Hottest News
F1 star is set to lose his job and Ferrari and McLaren are...
Not for the first time this year, McLaren and... Read More »
2h ago from GPFans.com
McLaren given Daniel Ricciardo 'black mark' as Project...
McLaren have been strongly criticised for their... Read More »
1h ago from GPFans.com
Lewis Hamilton says The Mercedes drivers, they get the...
Lewis Hamilton took a swipe at Ferrari and his... Read More »
1h ago from GrandPrix247.com
