After being placed in administration, the Marussia team ultimately saw its adventure come to an end yesterday with its cessation of activity after only four years of existence.<\/p>\n
The financial difficulties encountered by the British-Russian team are not new, but the announcement of the team’s closure surprised the paddock. Toto Wolff, head of competition at Mercedes, expressed his sadness, quoted by GPUpdate<\/i>: “We are very sad to hear the news about Marussia. They are a group of true competitors who have endured tough times but also managed to score two points this year, which is a great reward for them. Our thoughts are with the people who believed in the team and now find themselves in such a tough personal situation.”<\/p>\n
Monisha Kaltenborn, for her part, expressed her shock at this news\u2014cited by the BBC Sport<\/i>\u2014believing that F1 generates enough money to ensure the survival of its teams and reaffirming a need for change in revenue distribution: \u00ab It’s shocking news not to be in a position to keep such a team alive. We have a turnover of several billion dollars, and yet we are not able to keep 11 teams alive. And that shows you the sport is not sending a good signal, and we are creating a bad image. So we have to look at how the revenues are distributed, and we need to find a way to reduce costs. \u00bb<\/p>\n
The director of the Sauber F1 team also commented on the situation of the Caterham team, which has launched a crowdfunding campaign to be present in Abu Dhabi: \u00ab Imagine how devastating it is to see that we are the pinnacle of motorsport. We spend millions, receive even greater revenues, and yet there is a team that is so desperate it has to take such measures. I don’t understand why there isn’t this kind of sympathy. \u00bb<\/p>\n","protected":false},"excerpt":{"rendered":"
The administrators of the Marussia team announced the cessation of the team’s activities yesterday, and the news saddened and surprised some important members of the F1 paddock: Toto Wolff and Monisha Kaltenborn.<\/p>\n","protected":false},"author":32,"featured_media":39953,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,1749],"tags":[1533],"class_list":["post-14206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-f1","category-news","tag-wolff"],"acf":[],"yoast_head":"\n