Fears third F1 team could collapse – reports
This article was originally published on motorsport.com.
Caterham, although still in administration, is hoping to race in 2015 but Marussia’s assets and factory are being sold to pay back creditors.
F1 business journalist Christian Sylt wrote in the Telegraph that the team’s engine and technology suppliers Ferrari and McLaren, for example, are owed $25 and $11 million respectively.
Sylt said administrator Geoff Rowley acknowledged that … Keep reading