FORUMula1.com

[Jabberwocky]

Oh dear

http://paddocktalk.com/news/html/story-266067.html

[What's Burning?]

Bernie's wallet is not going to like that. So Bernie is not going to let that happen.

[Jabberwocky]

Are going into administration like Caterham

http://www.motorsport.com/f1/news/marus ... ion-report

[LiamCatterson]

This is horrible. In the space of two weeks, two teams are in administration. These dark clouds keep looming.

[Jabberwocky]

Ebeneezer Ecclestone is weeping into his slush fund.

[LRW]

BREAKING NEWS (kinda) from BBC live feed....


BREAKING NEWS
Posted at 12:52
The Marussia F1 team have folded, and will not compete at the Abu Dhabi Grand Prix.

[Jabberwocky]

Kravitz just read out there press release...

Marussia is no more.

[What's Burning?]

I blame Alexander Rossi... that guy comes to your team as a reserve driver, you're done for.

[Hammer278]

Damn! They scored points this year too! What a waste.

[LiamCatterson]

RIP Marussia This is horrible, especially since this year was the year they broke the mold and scored some points. Dammit...

[myownalias]

Hopefully Marussia will be reborn next year as Manor F1 Team, which was the name it officially entered under when they joined the grid in 2010 but that changed rapidly to Virgin Racing, so I don't believe they ever competed as Manor F1. It'll be a shame to lose a team permanently, I remember a time when there were more teams/drivers than actual grid spots... I'm showing my age there!!!

[Murphy]

Was I the only one who was surprised by Marussia 'ceasing to trade'?
For all the publicity Caterham had regarding finances, I would've happily bet that they would be the first to go.
A season which showed huge promise has turned incredibly tragic for the team and their 200 employees...I wish them all the best for the future.

[myownalias]

Was I the only one who was surprised by Marussia 'ceasing to trade'?

To be honest I am surprised they lasted this long, just to get to the grid this season is more challenging than ever because of the new engine formula. The writing was on the wall on day one in 2010 when it became very apparent that the promised budget cap would never materialize. Sir Frank WIlliams went on record as saying that when they won their last championship in 1997, the whole season cost less than £40m, a tiny budget compared to today's more frugal (sarcasm) F1.

[Murphy]

Sir Frank WIlliams went on record as saying that when they won their last championship in 1997, the whole season cost less than £40m

That's incredible. No doubt Ferrari and McLaren would've had bigger budgets, but still, two championships for £40 million.
The new teams were pretty much hung out to dry when this budget cap wasn't implemented. I certainly hope Haas and/or Forza Rossa have bigger backing.

[ang4f1]

http://www.planetf1.com/driver/3213/956 ... UAE-return

Hope they make it .......