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Next: Marussia in administration?

2014-10-27 09:37

THE END FOR MARUSSIA? Marussia Formula 1 team looks set to join Caterham in administration. Image: AFP / Toru Yamanaka

LONDON, England - The Daily Mail has reported on Sunday that the Marussia Formula 1 team looks set to join Caterham in entering administration.

After Bernie Ecclestone said he would allow the struggling backmarkers to sit out the next Austin-Brazil double-header, F1 business journalist Christian Sylt now reveals Marussia's operating company has "filed a notice with the High Court saying that it intends to appoint an administrator".

It leaves F1 supremo Ecclestone in the awkward situation of no longer being able to guarantee race promoters a minimal grid of 20 cars.

BIG TEAMS TO HELP?

The solution could be a rule written into teams' commercial contracts with Ecclestone that forces big teams to supply third cars to F1's most struggling outfits.

Ecclestone told Sylt.: "So if, for example, Sauber disappeared, a team could do a deal with Sauber.

"Ferrari could say 'We will give you a car, all that goes with it, and we want you to put this sponsor on it. You have your own sponsors but we want you to include this one as well and we want you to take this driver'.

"The team wouldn't have to go under then would they? If Red Bull decided they would give a car to Caterham for example that could solve their problem."

But even though the grid looks set to fall to just 18 cars immediately, Ecclestone said the controversial measure will not necessarily come in now.

Ecclestone added: "We don't have to introduce a third car at this stage because they (Caterham and Marussia) can miss a couple of races.

"They lose any money they would have received for those races but they don't lose their position in the championship."

Stay with Wheels24 for the 2014 F1 season – fresh reports every day.
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