Ferrari to supply engines to Manor F1
Ferrari are prepared to supply their engines from the 2014 season to Manor F1, the successor of the bankrupt Marrusia Formula One team, the Italians` team principal Maurizio Arrivabene announced on Friday.
Barcelona: Ferrari are prepared to supply their engines from the 2014 season to Manor F1, the successor of the bankrupt Marrusia Formula One team, the Italians` team principal Maurizio Arrivabene announced on Friday.
"We said to Marussia yesterday that we would supply them with the 2014 engines. There is nothing signed at the moment, but I would imagine it will be soon," said Arrivabene, who was giving his first press conference since taking charge during the second day of pre-season testing in Barcelona.
Marussia came out of bankruptcy administration on Thursday after creditors gave approval for control of the company to be passed back to the directors after new investment was found.
Former Sainsbury`s supermarket chief executive Justin King is believed to be among the new investors.
Marussia failed to take part in the final three races of last season after collapsing in October with debts of more than £60 million (81 million euros, $92 million), much of which was owed to Ferrari.
Meanwhile, on the track, there has been plenty of encouragement for Ferrari after a disastrous 2014 season which yielded only one podium finish in 19 races.
The new SF15-T has looked impressive on the first six days of testing with new recruit Sebastian Vettel and Kimi Raikkonen finishing among the two fastest drivers every day.
"There is progress compared to last season, that is clear, but I don`t believe in being a winter champion based on testing," warned Arrivabene.
"I don`t want to say that we will be fighting for the title, I am keeping my feet on the ground.
"We aren`t thinking about beating (double world champions) Mercedes. The whole team is working well together and pulling in the same direction, that is the important thing for me.
"We have two fantastic drivers, they know each other very well and are friends. They are the ideal pair to help us achieve our objectives."