Tail-enders Marussia hope to take advantage of Russia's growing interest in Formula One and boost their tight budget after signing a sponsorship deal with a Russian betting company on Thursday. Andy Webb, chief executive officer the Russian-licenced team, did not reveal the financial details of the one-year deal with Liga Stavok (Betting League) but saw it as just the start of many good things to come. "Everyone knows that we have the smallest budget of all the teams in Formula One, and quite frankly, I'm proud of that," Webb told Reuters after formally signing the contract in a luxury central Moscow hotel. "It costs us 1.25 million pounds ($1.89 million) per week just to...
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