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Marussia F1 Team Enters Administration, Withdraws from United States GP

Formula One team Marussia has entered into administration and announced that it will miss the coming weekend's United States Grand Prix. Sky Sports F1 reported the news on Monday as the UK-based team became the second to enter administration in a matter of days following Caterham's demise: BBC News added the following details: Administrators FRP Advisory announced the news less than a week since a firm that builds cars for the Caterham team was also put in administration. Marussia, which is based in Banbury, Oxfordshire, had already withdrawn from the US Grand Prix at the weekend. Thus only 18 cars will take to the grid in Texas on Sunday. While Caterham's situation was somewhat inevitable, per Daniel Johnson in The Telegraph, ...

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