Marussia in 'advanced' rescue talks with investor
- Published on 20 Jan 2015 08:29
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- By: Rob Veenstra
The BBC has quoted the administrator as confirming the auction was delayed "to allow for discussions to continue with a third party". Boss John Booth, who founded the F3 outfit Manor in 1990, explained that the talks are at a "fairly advanced stage" with a "credible investor". "Postponing the auction gives us a bit more time to explore it," he added.
Booth also explained that, like Caterham if it is similarly rescued, Manor would have to use its 2014 cars - currently packed in crates in Abu Dhabi - in Melbourne in a few weeks' time. (GMM)
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