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Marussia F1 team now independent from car company

The Marussia Formula One team is no longer owned by Marussia Motors and the closure of the Russian sportscar maker will have no effect on its operations, the British-based outfit said on Wednesday. The RIA Novosti news agency reported that Marussia Motors, who took a majority stake in what was the Virgin Racing team in late 2010, had shut down with staff leaving to join a government-run technical institute. "The news is unfortunate for those concerned and we wish its employees well for the future," said a spokeswoman for the team. "The supercar project was ambitious but it is disappointing that it was unable to get to market." The Ferrari-powered team was now...
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