Bernie Ecclestone has met with a party interested in taking over the Marussia F1 Team and believes the team’s future will be resolved within 10 days.

A planned auction of Marussia assets – scheduled for Wednesday of this week – was cancelled to allow talks to continue with a third party showing interest in the team. Team principal John Booth told the BBC that the chances of a deal being struck were “pretty high”, and Ecclestone now says he has met with the prospective buyers too.

"I had a meeting with someone ... that said they want to buy and think they can buy Marussia,” Ecclestone told Sky Sports. “So that would be good. Caterham, I don't think there's much chance of saving them, but Marussia I think there's a chance."

Having denied that Gene Haas could be involved with the Marussia takeover bid, Ecclestone said he wants any new owners to have the resources to ensure a secure future for the team.

“We don’t want somebody who can just limp on, that’s just what we don’t want. We went through this whole saga at the end of last year, we don’t want to go through it again. I think maybe within 10 days we’ll have a clear answer of yes it’s going to happen or not.”

Keep up to date with all the F1 news via Facebook and Twitter

Andrew Lewin

Andrew first became a fan of Formula 1 during the time when Michael Schumacher and Damon Hill were stepping into the limelight after the era of Alain Prost, Nigel Mansell and Aryton Senna. He's been addicted ever since, and has been writing about the sport now for nearly a quarter of a century for a number of online news sites. He's also written professionally about GP2 (now Formula 2), GP3, IndyCar, World Rally Championship, MotoGP and NASCAR. In his other professional life, Andrew is a freelance writer, social media consultant, web developer/programmer, and digital specialist in the fields of accessibility, usability, IA, online communities and public sector procurement. He worked for many years in magazine production at Bauer Media, and for over a decade he was part of the digital media team at the UK government's communications department. Born and raised in Essex, Andrew currently lives and works in south-west London.

Recent Posts

‘In Her Corner’: Australian GP celebrates women shaping F1

In a first for Formula 1, the Australian Grand Prix Corporation has announced that Turn…

2 hours ago

Theo Pourchaire joins Mercedes as F1 development driver

The revolving door of Formula 1 talent has just swung wide open for one of…

17 hours ago

Hill returns to Williams in ambassador role in title anniversary year

Thirty years after conquering the Formula 1 world title with Williams, Damon Hill is heading…

18 hours ago

Sainz's clear message to F1 chiefs: ‘Stay open-minded on rules'

Carlos Sainz has urged FIA and Formula One Management to keep an “open mind” over…

20 hours ago

Why ex-Red Bull drivers see Hadjar keeping pace with Verstappen

Isack Hadjar is facing the ultimate baptism of fire this season in F1: going wheel-to-wheel…

21 hours ago

The day Fangio went missing in Havana

The great Juan Manuel Fangio certainly enjoyed a storied motorsport career but the episode that…

22 hours ago