News Details
Marussia demise costs Ferrari, McLaren
Ferrari and McLaren are set to lose close to a combined £25 million following Marussia's collapse, according to a report.
Marussia went into administration in October and the team ceased trading a few weeks later with more than 200 employees made redundant while some of the assets were auctioned off in December.
The Sunday Telegraph reports that documents from administrators FRP Advisory has revealed that Ferrari and McLaren suffered heavy losses as a result of their financial woes.
Ferrari, who were Marussia's engine suppliers, are set to lose £16.6m ($25.81 million) while McLaren are likely to have to write off £7.1m ($11.04 million) following their technical partnership...
Full Story »
Full Story »
11y ago from PlanetF1.com
0
You May Also Be Interested In...
Ferrari, McLaren take a hit from Marussia collapse
Ferrari and McLaren stand to lose millions as a result of the collapse of...
11y ago from ThisIsF1.com
Ferrari, McLaren lose millions from Marussia collapse
The collapse of Marussia isn't just a loss for Formula 1 and the team's...
11y ago from TheF1Times.com
Marussia fall-out hits F1 big guns
While it appears that F1's biggest teams remain unconcerned about the...
11y ago from Crash.net
McLaren-Honda back in-season engine development
McLaren-Honda's racing director Eric Boullier fears Mercedes will enjoy a...
11y ago from TheF1Times.com
Elsewhere On The Network
Popular On MGPToday.com
Who is Jonas Folger: A forgotten man returns to MotoGP
No description available...
2h ago from Motorsport.com
Johann Zarco tops second MotoGP practice at Le Mans,...
Johann Zarco continued Honda's Friday dominance to top the second MotoGP...
1h ago from MotorsportWeek.c...
MotoGP French GP: Johann Zarco wows home fans with...
No description available...
1h ago from Motorsport.com
Luca Marini leads the way in first Le Mans MotoGP...
Honda rider Luca Marini topped the timesheets in the opening MotoGP free...
6h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Palou secures early advantage in first IndyCar...
The NTT IndyCar Series completed its first official session of the Month...
1h ago from MotorsportWeek.c...
Alex Zanardi: The man whose name is a synonym for...
No description available...
17h ago from Motorsport.com
Conor Daly tops Indy 500 test with 225mph lap on...
No description available...
17h ago from Motorsport.com
How to watch IndyCar 2026 Indy GP: Weekend schedule,...
No description available...
20h ago from Motorsport.com
Popular On TotalWRC.com
Dani Sordo questions “stupid” WRC tyre rules amid...
No description available...
3h ago from Motorsport.com
WRC Portugal: Hyundai on top as overnight leader...
No description available...
4h ago from Motorsport.com
Oliver Solberg snatches early advantage in Portugal
Oliver Solberg made a strong start to Rally de Portugal, ending...
10h ago from MotorsportWeek.c...
Oliver Solberg grabs Rally Portugal lead as Hyundai...
No description available...
20h ago from Motorsport.com
Popular On GunnersToday.com
Months after criticising Arsenal for celebrating too...
Back in February, Chelsea legend John Terry claimed Arsenal celebrated too...
34m ago from SportsKeeda.com
'We did not expect…' – Arteta on...
Arsenal manager Mikel Arteta has admitted to a 'difficult' situation with...
2h ago from CaughtOffside.com
Arsenal latest: 'Fair bit to do' - Timber and Merino...
No description available...
3h ago from SkySports.com
'He can't counter attack at all' - Nicky Butt tells...
Manchester United legend Nicky Butt has advised Mikel Arteta to drop...
2h ago from SportsKeeda.com
Comments
Hottest News
Max Verstappen drops savage line on US comedian: 'I'm...
Four-time F1 world champion Max Verstappen is not... Read More »
54m ago from GPFans.com
F1 and FIA makes major ‘evolutionary' 2027 rules...
The FIA has announced that revisions to the new... Read More »
54m ago from MotorsportWeek.com
BREAKING: FIA announce ANOTHER F1 rule change after engines...
The FIA have tweaked their sporting regulations... Read More »
1h ago from GPFans.com
