F1 » Marussia in £49m loss, seeking new investors - report

Marussia in 'active discussions with potential new investors'

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Mr Know it All - Unregistered

November 01, 2012 10:36 PM

Sadly they are relatively useless in the grand scheme of F1 and the Russian boss has obviously tired of pouring money in to waste yet more. As F1 has seen before . find another Oligarch or some oil cash as otherwise why would anyone want them ?? F1 is about teams with a big budget to waste and it looks sadly like Marussia's cash has dried up. And who will remember them in 5 years ? Step down another philanthropist who wants to blow a load of cash to entertain some TV viewers.


November 03, 2012 12:07 AM

It doesnt matter if the team is losing money. Owning a F1 team gets a owner and his partners a seat in a very exclusive club.

The business that is done at the parties and within the paddock is more important to these billionaires than the racing is.

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