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Marussia F1 Team Lost $45,000 In Bid To Race At Abu Dhabi Grand Prix

The Marussia F1 team lost $45,000 "in a failed attempt to return for the season-ending Abu Dhabi Grand Prix in November after missing the two previous races according to recently-released company documents," according to Christian Sylt for FORBES. The team’s operating company Manor Grand Prix Racing "ceased trading and missed the Grands Prix" in the U.S. and Brazil. However, "hopes had been raised that Marussia may return to the grid." Marussia’s race team "was reportedly on its way to the airport for the flight to Abu Dhabi when it was forced to turn back." It fueled rumors that F1 CEO Bernie Ecclestone "had given the team the red light." However, "like so many stories in F1, it was nothing but a conspiracy theory." Documents from Marussia’s administrators FRP Advisory, dated Dec. 18, reveal that, in fact, "the brakes were put on the team’s revival when a key investor withdrew support." It did not just prevent the team from racing in Abu Dhabi "but also left it with" a $45,000 bill (FORBES, 1/4).

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