Results 31 to 40 of 40
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27th October 2014, 15:47 #31
...and now Marussia is in administration as well. Unless additional investors show up, both will likely close their doors at the end of the season.
Bagwan makes a good point, though. With Caterham not showing up, what's the benefit of Marussia spending the money to go? Based on Bernie's remarks last week, I don't think there's a penalty for them in not participating for two races, so there's no benefit to them in terms of standing by showing up.
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27th October 2014, 16:38 #32
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Marussia had to get special dispensation from Bernie to miss Austin and Brazil, so there has to be some rule that you don't get paid unless you make all the races. that, or some sort of other penalty. Otherwise, why would they need permission?
Go to the second paragraph.............. http://www.motorsport.com/f1/news/ma...tration-report
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27th October 2014, 19:58 #33
Right - that was what I was alluding to in Bernie's remarks. I wasn't meaning to imply that anybody could miss those two races, but rather that both Caterham and Marussia have been given that dispensation. Given that they have permission to miss those two races without penalty, why would they not?
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1st November 2014, 15:25 #34
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Does missing a few races mean Marussia loses its 9th place in WCC and doesn't get the money? Because Marussia would not have fulfilled its contract to run all races. It's a pity, considering Marussia finally had some success, scored points, and is about to outscore even Sauber.
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7th November 2014, 14:38 #35
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According this story Marussia, as we know it, is dead and buried: http://www.bbc.co.uk/sport/0/formula1/29954250
Not really a surprise they struggled to find a buyer. But no appearance in the final GP it seems...so Sauber will move up a place in standings:champion: WRC3 championship, WRC4 championship, WRC4 PCWRC, WRC4 ERC
Winner - TRD2 Bathurst:burnout:
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7th November 2014, 19:51 #36
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Wow, the administrators didn't give much time to find a buyer for Marussia. A great shame, especially those two points from Bianchi will go to waste. I guess someone may now buy the assets and resurrect the team in that way?
Meanwhile, Caterham's administrators launched a crowd-funding project to make the Abu-Dhabi grand prix: https://www.crowdcube.com/caterham/
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8th November 2014, 18:04 #37
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When would Marussia have got their prize money? If it was before the end of the year, daft to quit now when keeping a skeleton company going would have paid the debts, at least.
As for Caterham, they're actually almost a quarter of the way there, which surprises me.
They WAY underpriced all the limited car bits and so on, though. Went far too quickly.Last edited by Somebody; 8th November 2014 at 18:07.
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10th November 2014, 20:38 #38
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11th November 2014, 10:22 #39
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There's an interesting piece on the James Allen site about how Crowdcube is linked to the accountancy firm that's administering Caterham, with the clear implication that this crowd-funding effort is half aimed at promoting Crowdcube. With this, cleaners being made directors, disputes over who owns the team and who's been paid what, there's so much dodgy business going on that maybe it would be best to just euthanise the outfit now.
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11th November 2014, 11:27 #40
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Allegedly there is a serious party interested in the team: http://m.gpupdate.net/en/f1-news/318...d-in-caterham/
"rally2 for 2025 and 2026"
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