Struggling teams still face uncertain future

The back marker teams are still uncertain as to what will come of them.

Struggling teams still face uncertain future
Roberto Merhi, Caterham, Test Driver
Max Chilton, Marussia F1 Team MR03
Max Chilton, Marussia F1 Team MR03
Max Chilton, Marussia F1 Team
Will Stevens, Caterham F1 Team
Will Stevens, Caterham CT05 and Romain Grosjean, Lotus F1 E22 battle for position

Less than a month before official winter testing begins, the future of the ailing backmarkers Marussia and Caterham remains unclear.

Marussia's administrators have auctioned team equipment, and the factory at Banbury could even be sold to the new American team for 2016, HaasF1.

That is to pay back a long list of creditors, with Forbes journalist Christian Sylt saying even staff are still owed more than $72,000 in pay.

But administrator Geoff Rowley insists there "continues to be dialogue with a number of parties who are considering making an investment into the company".

To date, however, Rowley admitted that "no satisfactory offer or strategy has been offered to presently allow racing to continue". Sylt concluded that it is "unlikely" Marussia's redundant staff will be returning to work.

Over at Caterham....

Meanwhile, Caterham's administrators have in the past days and weeks sounded more bullish about the future of the Leafield based team.

But the Finnish newspaper Turun Sanomat reports that a significant percentage of the team staff have in fact already moved on, for example to jobs at Williams and Lotus, who are also both based in Oxfordshire.

Finally, Switzerland's Blick reports that Sauber is also fighting for survival, helped by the three drivers for 2015 who are bringing a collective $50 million to Hinwil for 2015.

Paying racers Marcus Ericsson and Felipe Nasr are joined by the new reserve and Ferrari junior Raffaele Marciello, who correspondent Roger Benoit said is accompanying a $10 million subsidy for Sauber's 2015 engine deal.

Benoit wrote: "Actually, Ferrari had also planned to promote Jules Bianchi from Marussia to Sauber for 2015."

shares
comments
Happy birthday Michael, remembering how the legend began
Previous article

Happy birthday Michael, remembering how the legend began

Next article

Mercedes, McLaren to change colours in 2015 - report

Mercedes, McLaren to change colours in 2015 - report
Load comments
How getting sacked from Benetton made Mercedes' Allison Prime

How getting sacked from Benetton made Mercedes' Allison

He’s had a hand in world championship-winning Formula 1 cars for Benetton, Renault and Mercedes, and was also a cog in the Schumacher-Ferrari axis. Having recently ‘moved upstairs’ as Mercedes chief technical officer, James Allison tells Stuart Codling about his career path and why being axed by Benetton was one of the best things that ever happened to him.

The remarkable qualities that propelled Kubica’s F1 comeback Prime

The remarkable qualities that propelled Kubica’s F1 comeback

It’s easy to look at Robert Kubica’s second Formula 1 career and feel a sense of sadness that he didn’t reach the heights for which he seemed destined. But as Ben Anderson discovered, performance and results are almost meaningless in this context – something more fundamental and incredible happened…

Formula 1
Nov 27, 2021
The humbling changes Ricciardo made to deliver for McLaren Prime

The humbling changes Ricciardo made to deliver for McLaren

From being lapped by his own teammate in Monaco to winning at Monza, it’s been a tumultuous first season at McLaren for Daniel Ricciardo. But, as he tells STUART CODLING, there’s more to the story of his turnaround than having a lovely summer holiday during Formula 1's summer break...

Formula 1
Nov 26, 2021
The potential benefits of losing the F1 constructors' title Prime

The potential benefits of losing the F1 constructors' title

As the battle continues to rage over the F1 2021 drivers' championship, teams up and down the grid are turning their attentions to the prize money attributed to each position in the constructors' standings. But F1's sliding scale rules governing wind tunnel and CFD use will soften the blow for those who miss out on the top places

Formula 1
Nov 25, 2021
The invisible enemy that's made Hamilton's title charge tougher Prime

The invisible enemy that's made Hamilton's title charge tougher

After winning his past few Formula 1 titles as a canter, Lewis Hamilton currently trails Max Verstappen by eight points heading into the final double-header of 2021. Although Red Bull has been his biggest on-track challenge, Hamilton feels that he has just as much to grapple with away from the circuit

Formula 1
Nov 24, 2021
Why F1's inconvenient penalties have to stay Prime

Why F1's inconvenient penalties have to stay

OPINION: Quibbles over the length of time taken by Formula 1's stewards over decisions are entirely valid. But however inconvenient it is, there can be no questioning the importance of having clearly defined rules that everyone understands and can stick to. Recent events have shown that ambiguity could have big consequences

Formula 1
Nov 23, 2021
The mistakes Red Bull cannot afford to repeat in F1 2021's title fight climax Prime

The mistakes Red Bull cannot afford to repeat in F1 2021's title fight climax

OPINION: Red Bull has had Formula 1’s fastest package for most of 2021, but in several of the title run-in events it has wasted the RB16B’s potential. It cannot afford to do so again with Lewis Hamilton motoring back towards Max Verstappen in the drivers’ standings with two rounds remaining

Formula 1
Nov 23, 2021
Qatar Grand Prix driver ratings Prime

Qatar Grand Prix driver ratings

Qatar was a virtual unknown for most as Formula 1 made its inaugural visit to the Gulf state, and tyre management quickly emerged as an even more critical factor than normal. Perhaps then it should come as no surprise that two of the championship's elder statesmen produced standout drives

Formula 1
Nov 22, 2021