News Details

Marussia no longer owned by Marussia Motors

The Marussia F1 team is no longer owned by Marussia Motors, according to team spokesperson Tracy Novak. The outfit was sold to businessman Nikolai Fomenko in 2010 and then renamed Marussia to sit alongside his supercar business. However operations at Marussia Motors have ceased, but Novak insists it doesn't mean anything for the F1 team which is now owned by a company independent of the Marussia brand. "The supercar project was ambitious, but it is disappointing that it was unable to get to market," she told R-Sport. "There is no impact whatsoever on the Formula 1 team's operation." The break-up isn't expected to harm Marussia's financial situation, with Novak confirming...
Full Story »
1y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Marussia no longer owned by Russian supercar maker

John Booth and Nikolay Fomenko during the Marussia takeover announcement...
1y ago from GrandPrix247.com

Marussia no longer owned by Russian supercar maker

F1 team Marussia has split with its Russian supercar maker owner. The...
1y ago from GrandPrix.com

Marussia: The mood in the team after qualifying was a...

Marussia: The mood in the team after qualifying was a little downbeat 5...
1y ago from GrandPrix247.com

Briatore says Ferrari team no longer excellent

While Ferrari's global brand remains strong, the health of the Maranello...
1y ago from GrandPrix.com

Elsewhere On The Network

Popular On MotoGPToday.com

Smith: Why did we try this yesterday!

Bradley Smith fixed the set-up issues with his Monster Yamaha, one day...
1h ago from Crash.net

Rossi not thinking about points situation

– Valentino Rossi insists he is not yet thinking about the...
1h ago from GPUpdate.net

Positive end to poor weekend for Redding

Scott Redding helped put a disappointing Spanish MotoGP weekend behind...
54m ago from Crash.net

Video Playlist: Who tested what in Jerez

All the action and interviews from the Official Jerez Test - find out...
13h ago from MotoGP.com

Popular On IndyCarToday.com

IndyCar: Pondering speed record prospects at Indy

Related Stories Related Stories IndyCar IndyCar: Honda hopeful about Indy...
18h ago from Racer.com

Olympic gold medalist Nastia Liukin to serve as 2015...

Nastia Liukin, the individual all-around gold medalist at the 2008...
12h ago from Racer.com

Honda shows off its Indy 500 challenger

Honda is first out of the box, unveiling its completed Super Speedway aero...
4d ago from Motorsport.com

IndyCar: Montoya paces second Indy aero test session

Juan Montoya led the Team Penske charge Sunday afternoon as The Captain's...
1d ago from Racer.com

Popular On TotalWRC.com

Nagle on his mixed winning emotions

Exclusive interview in latest 'WRC Live: Regroup'
23h ago from WRC.com

Solberg wins in Hockenheim as World RX proves a big...

Ford Olsbergs MSE driver Reinis Nitiss took the runners-up spot and Team...
1d ago from Motorsport.com

Wilson targets more M-Sport podiums

Elfyn Evans bagged the team's first podium of the year in Villa Carlos...
1d ago from WRC.com

Toyota postpones deliveries of GT86 CS-R3

In short, first kits will be delivered in October this year, which will...

Popular On GunnersToday.com

Diary of a season: Hull 1-3 Arsenal

A tasty 3-1 win over Hull in the Premier League last night, Hayley and...
1h ago from News.ArseBlog.com

Mertesacker on three points and Alexis

Per Mertesacker discussed Arsenal’s form, Alexis Sanchez and...
1h ago from Arsenal.com

Arsenal transfer news and rumours: Gunners plan £10m...

Arsenal Arsenal are planning a £10m move for PSG star Yohan Cabaye in...
1h ago from Telegraph.co.uk

Transfer rumours and paper review - Tuesday, May 5

Here's the top transfer-related stories in Tuesday's newspapers......
2h ago from TalkSport.com

Comments

comments powered by Disqus

2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.