Marussia will pay unsecured creditors 1.3p in the pound, more than they would have received had the team auctioned off.
Marussia have reached an agreement with their creditors to a Company Voluntary Arrangement which will allows the team to exit administration.
Claire Williams says her team would have been happy for Marussia to use a 2014 car to return to the grid in March.
Marussia are still determined to return to F1, despite the Strategy Group apparently blocking their proposed comeback.
Force India's deputy team principal explains why his team rejected Marussia's proposal and F1's ongoing cost crisis.
Marussia's hopes of competing in the 2015 F1 season appear to have been dashed by rival teams.
Marussia’s administrators have announced that the beleaguered team will exit administration on February 19 via a CVA.
Haas have denied they are the mysterious prospective buyers of the Marussia team which is on the brink of being revived.
Bernie Ecclestone believes Marussia can still survive and met with a potential investor on Wednesday morning, but doesn't think Caterham will return.
Sky sources understand talks between Marussia and an investment group are at an advanced stage.
Hopes that Marussia could return have been rekindled after the auction of the team's remaining assets was cancelled.
Marussia entered administration with debts of over £31m to trade creditors, it has been revealed.
Marussia’s administrators have set an auction date for the sale of the team’s assets and equipment in mid-December.
A last-ditch attempt to return the Marussia F1 team to the grid for season-ending Abu Dhabi GP has collapsed, Sky Sports News HQ has learnt.
Sky Sports News HQ understands that Marussia administrators are in “serious talks” with a one group about a takeover.
Graeme Lowdon thinks the team formerly known as Marussia can continue in F1 – perhaps even in Abu Dhabi’s season finale.
Marussia's administrators confirmed on Friday that the team is to be wound up, with the loss of about 200 jobs.
The FIA have published the provisional 2015 F1 entry list which features 11 two-car teams, including Caterham and Manor.
Reports say F1 controlling shareholder set to hand smaller teams a £100 million payment to ward off cash crisis.
Bernie Ecclestone reckons that F1’s cash crisis can be sorted out and says it makes sense to redistribute prize money.
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