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

The Marussia F1 team made a loss of £49 million last year and it is now said to be looking for new investors to stay afloat, it is being reported.

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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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