Connect with us

F1 top news

Rumour – Haas to rescue Marussia for 2015



Is Gene Haas the mysterious investor looking into rescuing Marussia?

The Nascar team co-owner, who is entering formula one in 2016, is already linked with the ailing backmarker as he has bought team equipment from administrators looking to raise money to pay back Marussia’s creditors.

Rumours also suggest he has acquired Marussia’s Banbury headquarters to complement Haas’ main factory in North Carolina.

And now, Speed Week reports rumours that Haas, 62, could be the mysterious investor who is looking into rescuing Marussia prior to the start of the 2015 season.

The team’s administrators confirmed on Monday that a planned auction on Wednesday of Marussia assets, including the 2014 cars and crucial race-day equipment, was postponed.

The administrators said the postponement will “allow for discussions to continue with a third party”.

“Given the confidential nature of the negotiations underway,” FRP Advisory added, “we are unable to provide further details.”

But according to Speed Week, Haas snapping up Marussia would have multiple benefits.

It would secure him an instant supply of experienced staff eager to remain in F1.

He could quite easily rescue Marussia’s 2014 cars from their crates in Abu Dhabi and deploy them to Melbourne, and gain vital experience throughout 2015 out of the spotlight at the back of the grid.

And more good news for Haas would be that, despite Marussia’s debts, the team is set to rake in over $50 million in official prize-money if it makes the Melbourne grid in little over a month.

Finally, Speed Week reports rumours Haas may also have acquired the intellectual rights to the advanced design of the fully 2015-specification Marussia car.

Ferrari, meanwhile, might also be keen to facilitate the deal, given its existing relationship to Marussia, the fact it is owed a considerable amount money, and its sweeping support deal and sponsorship already in place with Haas.

Marussia boss John Booth has said negotiations with the unnamed investor are “fairly advanced”. (GMM)


Latest Results

Latest F1 News

2018 F12 hours ago

Hamilton agrees £80m deal with Mercedes until 2020 F1

1Share  Four-time F1 world champion Lewis Hamilton agreed a new contract with Mercedes this week, promising his future to the...

2018 F14 hours ago

Leclerc ready to jump at Ferrari race seat for 2019 F1

1ShareCharles Leclerc says he will not turn down the opportunity to drive for Ferrari in 2019. Some believe the Monaco-born...

2018 F17 hours ago

Lance Stroll not denying Force India move for 2019 F1

1ShareLance Stroll is being linked with a move to Force India. The Canadian has sounded frustrated with Williams’ situation recently,...

2018 F17 hours ago

Red Bull’s title chances dwindling – Verstappen

1ShareMax Verstappen admits Red Bull has taken a step backwards in its outside bid for the 2018 title. And he...

2018 F116 hours ago

Leclerc to Ferrari, Raikkonen to Sauber for 2019 F1

86SharesSauber F1 team chief Fred Vasseur has not ruled out the proposal that a swap deal with Ferrari that would...

2018 F122 hours ago

Verstappen beats Hamilton to top spot in German GP practice

1ShareMax Verstappen was fastest in second practice in German Grand Prix, the Dutchman kept Red Bull Racing’s striking form at...

2018 F123 hours ago

Practice 2 Results: German Grand Prix

165Shares2018 German Grand Prix Practice 2 Results (FP2): Second free practice results and Timings (FP2) for the eleventh round of...

2018 F11 day ago

Practice 1 Results: German Grand Prix

74Shares2018 German Grand Prix Practice 1 Results (FP1): First free practice results and Timings (FP1) for the eleventh round of...

2018 F11 day ago

Bottas signed, Mercedes completed its driver line-up for 2019

249SharesValtteri Bottas has signed a new one-year contract extension with Mercedes, his team Mercedes have officially announced. It follows Mercedes...

2018 F11 day ago

We are not negotiating with Kubica – Haas F1

1ShareGunther Steiner has rejected speculation Haas might sign up Robert Kubica for 2019. Pole Kubica is the reserve driver at...

Most Popular is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV, Formula One World Championship Ltd or any other organization or entity associated with the official Formula One governing organizations or their shareholders. Copyrighted material used under Fair Use/Fair Comment.

We could use the following leading F1 news sources for stories: SkyF1, BBC F1, Autosport, ESPN F1, FIA Media Center, MotorSport, JamesAllen and others leading authors blog.

All Rights Reserved © 2017 Prime Sport Media