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 »
1y 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...
1y ago from GrandPrix247.com

Exclusive interview with Monisha Kaltenborn

auber has endured a challenging start to the 2014 Formula 1 campaign,...
1y 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...
1y ago from TheF1Times.com

Kobayashi unhappy with Bianchi pass

Caterham F1 Team Kamui Kobayashi revealed his unhappiness with Marussia's...
1y ago from F1Zone.net

Elsewhere On The Network

Popular On MotoGPToday.com

Laverty pragmatic as he loses out on Aprilia MotoGP...

Michael Laverty is disappointed he isn’t going to be able to show his...
7h ago from BikeSportNews.com

Rossi smashes another record

Current MotoGP World Championship leader Valentino Rossi has broken Angel...
1d ago from MotoGP.com

Honda chasing 700th GP victory

The Japanese manufacturer currently has 698 GP victories across all...
20h ago from MotoGP.com

Q&A with Mahindra Racing CEO Mufaddal Choonia

Mahindra Racing’s CEO looks back on the season so far and discusses the...
20h ago from MotoGP.com

Popular On IndyCarToday.com

Rahal scores blistering win as Montoya stumbles

Hometown hero Graham Rahal has scorched to the finest win of his career...
7h ago from SpeedCafe.com

Mid-Ohio: Race results

Perfect timing hands local hero Rahal victory in Ohio Race results 1....
6h ago from Crash.net

Hunter-Reay tops warm-up despite spinning out

Sunday morning's warm-up session at the Mid-Ohio Sports Car Course saw...
13h ago from Crash.net

Mid-Ohio: Sunday warm-up results

Ryan Hunter-Reay tops warm-up despite spinning out Sunday warm-up times...
13h ago from Crash.net

Popular On TotalWRC.com

Lefebvre excluded from Rally Finland

Frenchman's DS 3 used illegal ECU software
9h ago from WRC.com

Mission accomplished for Hyundai Motorsport with...

Hyundai Motorsport has finished this weekend’s Rally Finland, round 8 of...
13h ago from Motorsport.com

Another podium finish for Mads Østberg!

Like in Mexico and Argentina, Mads Østberg and Jonas Andersson finished...
11h ago from Motorsport.com

Ostberg: Pre-event test "key" to podium

Citroen's Mads Ostberg believes preparation was the “key” to his...
9h ago from Crash.net

Popular On GunnersToday.com

Mariner: Mourinho, Wenger need to grow up

r Arsenal man Paul Mariner contends that Jose Mourinho and Arsene Wenger...
3h ago from ESPNFC.co.uk

Aaron Ramsey: 'Arsenal can beat big boys now'

Aaron Ramsey has claimed that Arsenal's Community Shield win over Chelsea...
6h ago from SportsMole.co.uk

Arsenal Striker Joel Campbell Close To Palermo Move

It has been reported that a move to Palermo is still on for Arsenal...
5h ago from Nastytackle.com

Arsene Wenger Convinced By The Quality Of Mesut Ozil

It has been reported that Arsenal boss Arsene Wenger is convinced by the...
3h ago from Nastytackle.com

Comments

comments powered by Disqus

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.