Connect with us

2014 F1

Marussia to join Caterham in administration – report

Published

on

_72651837_466055331
Marussia looks set to join Caterham in entering administration, the Daily Mail reports on Sunday.

After Bernie Ecclestone said he will allow the struggling backmarkers to sit out the next Austin-Brazil double header, F1 business journalist Christian Sylt now reveals Marussia’s operating company has “filed a notice with the High Court saying that it intends to appoint an administrator”.

It leaves F1 supremo Ecclestone in the awkward situation of no longer being able to guarantee race promoters a minimal grid of 20 cars.

The solution could be a rule written into teams’ commercial contracts with Ecclestone that forces big teams to supply third cars to F1’s most struggling outfits.

“So if, for example, Sauber disappeared, a team could do a deal with Sauber,” Ecclestone told Sylt.

“Ferrari could say ‘We will give you a car, all that goes with it, and we want you to put this sponsor on it. You have your own sponsors but we want you to include this one as well and we want you to take this driver’,” he explained.

“The team wouldn’t have to go under then would they? If Red Bull decided they would give a car to Caterham for example that could solve their problem.”

But even though the grid looks set to fall to just 18 cars immediately, Ecclestone said the controversial measure will not necessarily come in now.

“We don’t have to introduce a third car at this stage because they (Caterham and Marussia) can miss a couple of races.

“They lose any money they would have got for those races but they don’t lose their position in the championship,” he said. (GMM)

Loading...

Comments

Latest F1 News

Latest F1 News

2019 F11 month ago

Hamilton and Mercedes clearly coming under pressure – J Verstappen

Max Verstappen’s father thinks the on-form Red Bull driver has rattled reigning five time world champion and 2019 championship leader...

2019 F11 month ago

20hp engine boost for Ferrari after summer break

Toto Wolff is forecasting a “very strong” performance by Ferrari after the summer break. Marca sports newspaper reports that the...

2019 F11 month ago

I’m not ready for Formula E – Hulkenberg

Nico Hulkenberg says he is “not ready” to contemplate a switch to Formula E. It is strongly rumoured that if...

2019 F11 month ago

BREAKING: Albon to replace Gasly from Belgian GP

Toro Rosso’s speedy Alexander Albon will replace Pierre Gasly at Red Bull from the next race in Belgium, the F1...

2019 F11 month ago

Alonso says it is not true liking Vettel

Fernando Alonso says it is not true that he doesn’t like Sebastian Vettel. In Hungary, amid rumours the retired double...

2019 F11 month ago

F1 teams balk at expensive new regulations

F1 teams are pushing back on proposed new regulations — for reasons of cost. One idea that could be scrapped...

2019 F11 month ago

McLaren targets Sainz to beat Gasly in 2019

McLaren is targeting a coveted sixth place in the 2019 drivers’ world championship with Carlos Sainz. With Mercedes, Ferrari and...

2019 F11 month ago

F1 broadcaster fails to show Sainz in Hungary

Carlos Sainz was “the invisible man” during the recent Hungarian GP. In fact, well-known Spanish journalist Antonio Lobato claims that...

2019 F11 month ago

Marko confirms Verstappen staying at Red Bull-Honda for F1 2020

Red Bull motorsport head Dr Helmut Marko has confirmed that Max Verstappen is definitely staying at Red Bull-Honda in 2020....

2019 F11 month ago

Me and Russel are eating two different dishes – Kubica

Robert Kubica is yet to benefit from what seems to have been a clear step forward for Williams and George...

Most Popular

ThisisF1.com 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.

References
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