Marussia demise shocking, says Sauber's Monisha Kaltenborn

Marussia went out of business on Friday after failing to raise funds to continue in the sport. They had gone into administration last month.

Kaltenborn, whose team are also struggling financially, said: "It is shocking news that we are not in a position to keep such a team alive."

She said F1 had more than enough money in it to ensure the survival of teams.

"We have a turnover of billions of dollars and yet we are not in a position to keep 11 teams alive," Kaltenborn said.

"And that tells you it is not a good signal the sport is sending out and we are creating a bad image.

ANN.Az