LONDON (Reuters) - The Marussia Formula One team is no longer owned by Marussia Motors and the closure of the Russian sportscar maker will have no effect on its operations, the British-based outfit said on Wednesday.
The RIA Novosti news agency reported that Marussia Motors, who took a majority stake in what was the Virgin Racing team in late 2010, had shut down with staff leaving to join a government-run technical institute.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!