As news comes in from Russia that Marrussia Motors has closed its doors, and its employees have all walked off en masse to join a government owned technical institute, some have been wondering what this means for the future of the Marussia F1 team. Spokespeople for the team have promised to uphold business as normal, and stated that the closure of the owner will not affect the the team’s future operations in any way.
Marussia Motors was founded in 2007 and became Russia’s first sports car manufacturer. The company became known for its innovative styling and competitive performance across the three model lines it brought to the market in its seven years of existence, the B1, B2, and the F2 SUV. The company bought the struggling Virgin F1 team in 2011, and re-branded it as Marussia F1 to compete in the 2012 and 2013 seasons.
It is currently unknown what exactly has become of Marussia Motor’s stake in the F1 team, but is has been revealed that there was no substantial technical or financial relationship between the racing team and its supercar building owner. The team is now controlled by a firm called Marussia Communications Limited, but the exact identity of the new owners remains unknown.