Marussia F1: The team’s assets sold at auction
The judicial administrators of Marussia have announced that the assets of the team, which has ceased operations, will be auctioned on December 16 and 17.
The Marussia team was placed in administration and then in liquidation in October due to severe financial problems. Despite this, an attempt was made—almost successful—for the British-Russian team to compete in the Abu Dhabi Grand Prix.
The administrators, the company FRP Advisory, explained that the assets of Manor Grand Prix Racing Limited – the company registered in the Formula 1 World Championship and which operated Marussia – would be auctioned in mid-December. The sale is stated as being related to the complete closure of the former headquarters of the Formula 1 team. This headquarters is located in Banbury, Great Britain.
The list of items up for auction includes, notably, the Formula 1 cars from the Marussia team (without the engines), a complete testing laboratory, a large quantity of spare parts for race days, tools, and state-of-the-art technological equipment.
You too can participate in the auction.
At the same time, Caterham, which was also placed in administration last October, is still searching for a solution to be on the starting grid in 2015.
