News Details

Marussia burns up £140m of losses in just three years

Marussia has lost more money than any other UK-based Formula One team over the past three years according to new research which reveals that its total losses have accelerated to £140.6m since it joined the sport in 2010.As the following list shows, Marussia's deficit comes to nearly half of the combined £320.2m of losses burned up by the nine teams which file publicly available financial statements. Eight of them, including Marussia, are based in the UK with Toro Rosso being the only foreign team to file public accounts. Swiss-based Sauber is not obliged to do this and the finances of Ferrari's F1 team aren't subject to public scrutiny as they are included within the car...
Full Story »
9y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Bianchi: It felt like a victory to me

Marussia crowned its hero Jules Bianchi in Monaco, after the French...
9y ago from GrandPrix247.com

Exclusive interview with Monisha Kaltenborn

auber has endured a challenging start to the 2014 Formula 1 campaign,...
9y ago from GPUpdate.net

French GP at Magny-Cours set for 2015 return

The French Grand Prix could be set for a return as early as 2015 according...
9y ago from TheF1Times.com

Kobayashi unhappy with Bianchi pass

Caterham F1 Team Kamui Kobayashi revealed his unhappiness with Marussia's...
9y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

Quartararo: Marquez's Honda exit ‘woke a lot of...

Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...

Popular On IndyCarToday.com

McLaughlin disputes IndyCar's claim that rules...

Scott McLaughlin was one of the two Team Penske IndyCar drivers that were...

O’Ward retroactively given St. Pete win after Team...

The NTT IndyCar Series announced on Wednesday that all three Team Penske...
18h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Ex-Arsenal & Man Utd star RVP in advanced talks...

Former Arsenal and Manchester United striker Robin van Persie is in...
53m ago from CaughtOffside.com

Arsenal face huge Premier League competition for Real...

Whether or not Arsenal go on to win their first Premier League title in 20...
3h ago from CaughtOffside.com

Comments

Hottest News

Recent News


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.