News Details
Marussia set to exit administration on February 19
Sky Sports News HQ’s Craig Slater has the latest on Marussia: “Marussia have announced their intention to come out of administration by a company voluntary arrangement. I have been in touch with their administrators and one of them – James Rossiter – has released this statement:
‘It is envisaged that, prior to the commencement of the first race of the 2015 season, investment into the business will be made upon the Company exiting from administration via a Company Voluntary Arrangement (“CVA”), which is planned for 19 February 2015. A CVA is a restructuring process agreed with the Company’s creditors which allows for a turnaround of the business and the creation of a...
Full Story »
Full Story »
11y ago from ThisIsF1.com
0
You May Also Be Interested In...
Marussia to exit administration
Marussia's administrators have announced that the beleaguered team will...
11y ago from SkySports.com
Hope for Marussia?
Administrator for Marussia says the company will 'exit administration'...
11y ago from Pitpass.com
Manor to exit administration as return looks possible
The Manor GP team (formerly Marussia) is set to exit administration later...
11y ago from GrandPrixTimes.com
Vettel pondered F1 exit amid career crisis – Horner
Before making the radical switch to Ferrari, Sebastian Vettel...
11y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
The advice MotoGP champion Marc Marquez gave Isack...
No description available...
18h ago from Motorsport.com
The one area Ai Ogura must improve upon in 2026 MotoGP...
No description available...
20h ago from Motorsport.com
Johann Zarco set for early injury return at Aragon...
Johann Zarco is set for an earlier MotoGP return than anticipated after...
1d ago from MotorsportWeek.c...
Fabio Quartararo explains rationale behind Honda 2027...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Rinus VeeKay on his IndyCar home for 2027: “I want...
No description available...
11h ago from Motorsport.com
"Chaos, passing, crashes": Alex Palou braces...
No description available...
12h ago from Motorsport.com
Mick Schumacher on IndyCar future: "I know where...
No description available...
16h ago from Motorsport.com
IndyCar to run updated Shell renewable fuel...
The NTT IndyCar Series has announced that it will run an updated fuel...
18h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ott Tanak to make ARA debut on WRC fact finding mission
No description available...
17h ago from Motorsport.com
Sebastien Ogier ready for WRC return after Finland...
No description available...
1d ago from Motorsport.com
Champion rally driver Alex Fiorio dies aged 61
No description available...
4d ago from Motorsport.com
Esapekka Lappi to rejoin Hyundai for WRC Rally Chile
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal 3-0 Coventry: Familiar faces provide opening...
Match report – Player ratings – Arteta reaction – Quotes...
2h ago from Arseblog.com
'We've not been exposed to that' - Frank Lampard...
Coventry City manager Frank Lampard has offered his opinion on Arsenal...
1h ago from SportsKeeda.com
“Makes me feel uncomfortable” - Ian Wright slams...
Arsenal legend Ian Wright has hit out at the club for their disrespectful...
3h ago from SportsKeeda.com
Mikel Arteta responds when asked if Arsenal need...
Arsenal manager Mikel Arteta has responded to a question about the...
3h ago from SportsKeeda.com
Comments
Hottest News
Bottas insists he has Cadillac ‘ticket' for 2027
Aug.22 Valtteri Bottas has again dismissed... Read More »
50m ago from OneStopStrategy.com
LIVE: 2026 F1 Dutch Grand Prix - Zandvoort Sprint
Follow all the live action from the Sprint ahead... Read More »
1h ago from RacingNews365.com
Aston Martin confirm pitlane start for Fernando Alonso at...
Aston Martin have announced that Fernando Alonso... Read More »
1h ago from GPFans.com
