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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...
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9y ago from Pitpass.com 0
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