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 »
2y 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...
2y ago from GrandPrix247.com

Exclusive interview with Monisha Kaltenborn

auber has endured a challenging start to the 2014 Formula 1 campaign,...
2y 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...
2y ago from TheF1Times.com

Kobayashi unhappy with Bianchi pass

Caterham F1 Team Kamui Kobayashi revealed his unhappiness with Marussia's...
2y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

Aprilia hails 'extraordinary' Espargaró

– Aprilia has praised an "extraordinary" showing from...
15h ago from GPUpdate.net

KTM and Yamaha differences ‘black and white’ for...

Espargaro and Smith both finished their first MotoGP race with KTM in...
1d ago from BikeSportNews.com

Iannone: I must avoid being 'impulsive'

– Andrea Iannone has admitted he must try to rein in his...
9h ago from GPUpdate.net

MotoGP drops penalty points system

– MotoGP organisers have scrapped the series' penalty points...
6h ago from GPUpdate.net

Popular On IndyCarToday.com

IndyCar reveals new images of 2018 design

– IndyCar has revealed new images of the series' planned 2018 car...
8h ago from GPUpdate.net

IndyCar unveils 2018 bodywork renderings

The Verizon IndyCar Series has produced the first look of its 2018...
6h ago from Racer.com

IndyCar unveils new image of 2018 bodywork kit

IndyCar officials have released an updated image of the universal...

Robin Miller's Mailbag for March 29, presented by...

Page 1 of 9 Welcome to the Robin Miller Mailbag as presented by Honda...
11h ago from Racer.com

Popular On TotalWRC.com

Test date set for Polo R5

Development under way on Volkswagen’s WRC 2 car
1d ago from WRC.com

Pre-Event Test Videos #2 Tour de Corse 2017

Pre-Event Test Videos #2 (Fan Footage) Che Guevara Energy Drink Tour de...
1d ago from WRC.com

Getting Excited for Dirt 4!

In all honesty, we're a bit late to this party since news about Dirt 4...

Germany rings the changes

New stages and a new service base in 2017
6d ago from WRC.com

Popular On GunnersToday.com

Sportsmail remembers David Rocastle

As BT screens a compelling film on the anniversary of Arsenal legend...
1h ago from DailyMail.co.uk

Gunning Down The Years: 29th March

A more recent recollection for today's edition; an away trip to beautiful...
1h ago from AllArsenal.com

Premier League top four predicted: Where will you...

GETTY Arsene Wenger and Jose Mourinho could both miss out on the Premier...
1h ago from DailyStar.co.uk

Alexis Sanchez wants to 'finish his contract at...

Alexis Sanchez wants to 'finish his contract at Arsenal'... but warns...
3h ago from DailyMail.co.uk

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.