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Bankruptcy

World news about “Bankruptcy” published by euronews.

07/11 18:38 CET

F1 team Marussia folds and disappears from the grid

F1 team Marussia folds and disappears from the grid

Two weeks after being placed in administration Formula One team Marussia has ceased trading. The heavily-indebted British-based team failed to find a buyer in time to keep afloat which has lead to 200 redundancies. Ferrari-powered Marussia will not take part in the two…