A report out of Russia claims that sports car firm Marussia, formed in 2007 by former racing driver Nikolay Fomenko, has been disbanded and staff reassigned to a government project.  Fomenko had developed a pair of sports car prototypes under the Marussia brand, the B1 and B2, and in 2010 bought a stake in Formula One team Virgin Racing. The team was eventually rebranded Marussia F1 in 2012 and is currently competing in the 2014 season with drivers Max Chilton and Jules Bianchi.

Speaking with R-Sport (via Reuters), a spokeswoman for Marussia F1 confirmed that the Marussia sports car firm had been disbanded and that the F1 team was unaffected as it has been independently run for some time. She said the team was being run by a separate entity called Marussia Communications.

"There is no impact whatsoever on the Formula One team's operation," the spokeswoman said. "There is no link between the two companies financially or technically.”

We’ll bring you an update once we have further information.


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