News Details
F1 team Marussia's assets auctioned
The assets of collapsed F1 team Marussia are to be sold at auction. The Banbury-based team ceased trading in early November, nearly two weeks after being placed in administration, making about 200 staff redundant. Administrators FRP Advisory confirmed the Banbury-based team had folded after failed efforts to find a buyer. Among the items being sold off in an online auction are race and show cars, trailers, testing gear and office equipment. While the 2014 Marussia race cars are part of the sale, their engines are not included. Auctioneers have not put a reserve price on any of the items. Equipment from the team's hi-tech testing unit is going under the hammer, along with car components,...
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