Austria

Last Race: 21st June Austria

Austria GP Results
Pos Driver
1 Nico Rosberg
2 Lewis Hamilton
3 Felipe Massa
Great Britain

Next Race: 05th July Great Britain

Marussia, Caterham held merger talks

2013-03-21 17:42:00

 RSS

Share:

Marussia, Caterham held merger talks

Graeme Lowdon has confirmed that Marussia held talks with Caterham regarding a merger but that neither party could agree a deal....

Graeme Lowdon has confirmed that Marussia held talks with Caterham regarding a merger but that neither party could agree a deal.


As the team back-marker outfits continue to fight for survival - financially and during grand prix weekends - the teams met in the off-season to talk about joining forces as one team.

"I can confirm that discussions took place," Marussia's sporting director Lowdon told Sky Sports Online. "I wasn't involved in them and as I understand it, the conclusion was unacceptable to our shareholders. So nothing happened."



News of the failed merger broke on Thursday with the Times newspaper's Kevin Eason reporting that "talks between the Marussia and Caterham teams started over the winter" as they tried to find common ground so that they could guarantee survival.

"But the talks foundered and the two teams are now in a dogfight for tens of millions of pounds in prize money."

Last season it was Marussia who lost out on that money, finishing 11th to Caterham's 10th.

Marussia is also the only team who has yet to sign a new Concorde Agreement with Bernie Ecclestone.

"We cannot understand why we should be the only ones without any form of agreement," Lowdon told the British newspaper. "We have had nothing to sign and are not even racing on promises.

"We have sweated blood in this sport to build a team. We employ a lot of people and we have a huge fanbase. We are not giving up that easily, but each passing week makes us worry that we are deemed to have no place in this sport. We do not think that is the case."

F1 supremo Bernie Ecclestone, though, insists he wants Marussia to stay on in Formula One.

"I want them to stay," said the 82-year-old. They are a good bunch of people working hard. If they can do their best, I want them to stay in the sport - 100 percent."

He added: "I have everything prepared here for them to sign now. It is not a problem. But they have not been happy and they almost merged with Caterham, so that made me wonder what was happening."

Rosberg arrives in form, chasing his fourth win in five races

Editor's Picks

F1's Not Sick, It's Neutered

F1's Not Sick, It's Neutered

As the town crier predicts the end of the F1 world, Jean Todt insists the sport just has a headache; take two and call me in the morning...

Conclusions From Austria

Conclusions From Austria

Danger is never far away, McLaren into the abyss, game of moans and more in our conclusions from the Red Bull Ring...

Forum: Good For A Laugh

Forum: Good For A Laugh

Nico Rosberg laughed off number two claims; the Forum laughed at him laughing it off...

Williams Update The FW37

Williams Update The FW37

Williams arrived in Austria with perhaps their largest update package for some time and Matt Somerfield looks at some of those upgrades...

PF1 Fantasy Racing

PF1 Fantasy Racing

Are you a Ross Brawn or a Paul Stoddart? Can you manage money like Bernie or Caterham? Let's find out...