Marussia 'financially fine' after split with car company

Marussia is not planning to change its name, even though the F1 team is no longer owned by the Russian supercar maker. It emerged two weeks ago that the British-based team has split with Murussia Motors, who according to Russian reports is shedding staff and no longer making supercars.

A team spokeswoman had explained that the team is now owned by another company with a Marussia-themed name, Marussia Communications Limited. But Marussia F1 Team's sporting boss Graeme Lowdon insists the ownership split will have little impact.

"Contrary to some reports we've never been owned by the car company," he told Press Association. "We've a common shareholder in Andrey Cheglakov, a shareholder in the car company and a major shareholder in the F1 team. Although there is obviously a marketing link, beyond that there is no direct impact on us at all," Lowdon said. "Financially we're fine, or as much as a formula one team can be!" he added.

Lowdon also said Marussia is not planning to change its name. "The whole Marussia concept goes beyond a car business, and we've not had any approach from Andrey to suggest otherwise at present," he said. "So it's business as usual." (GMM)

Replies (0)

Login to reply

AZ Azerbaijan Grand Prix

Local time 

AZAzerbaijan Grand Prix

Local time 

World Championship standings 2025

Show full world champion standings

Test calendar

See full test schedule

Related news

Give your opinion!

Will Bottas challenge Hamilton for the world championship in 2020?

Formula 1 Calendar - 2025

Date
Grand Prix
Circuit
-
Bahrain
14 - Mar 16
Australia
21 - Mar 23
China
4 - Apr 6
Japan
11 - Apr 13
Bahrain
18 - Apr 20
Saudi Arabia
2 - May 4
United States of America
16 - May 18
Italy
23 - May 25
Monaco
30 - Jun 1
Spain
13 - Jun 15
Canada
27 - Jun 29
Austria
4 - Jul 6
United Kingdom
25 - Jul 27
Belgium
1 - Aug 3
Hungary
29 - Aug 31
Netherlands
5 - Sep 7
Italy
19 - Sep 21
Azerbaijan
3 - Oct 5
Singapore
17 - Oct 19
United States of America
24 - Oct 26
Mexico
7 - Nov 9
Brazil
21 - Nov 23
United States of America
28 - Nov 30
Qatar
5 - Dec 7
United Arab Emirates
See full schedule

Formula 1 Calendar - 2025

Date
Grand Prix & Circuit
14 - Mar 16
Australia Albert Park
21 - Mar 23
4 - Apr 6
11 - Apr 13
18 - Apr 20
Saudi Arabia Jeddah Street Circuit
2 - May 4
United States of America Miami International Autodrome
16 - May 18
23 - May 25
Monaco Monte Carlo
30 - Jun 1
13 - Jun 15
27 - Jun 29
Austria Red Bull Ring
4 - Jul 6
United Kingdom Silverstone
25 - Jul 27
1 - Aug 3
Hungary Hungaroring
29 - Aug 31
Netherlands Circuit Zandvoort
5 - Sep 7
Italy Monza
19 - Sep 21
Azerbaijan Baku City Circuit
3 - Oct 5
17 - Oct 19
United States of America Circuit of the Americas
24 - Oct 26
7 - Nov 9
Brazil Interlagos
21 - Nov 23
United States of America Las Vegas Street Circuit
28 - Nov 30
5 - Dec 7
United Arab Emirates Yas Marina Circuit
See full schedule

Team profile

Show full profile
show sidebar