Marussia play down entry list concern

Mon Jan 13, 2014 9:12am EST
 
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By Alan Baldwin

LONDON (Reuters) - Marussia plan to attend the first pre-season Formula One test in Spain this month and have no concerns about their championship entry being listed as provisional, sporting director Graeme Lowdon said on Monday.

The governing International Automobile Federation (FIA) issued an entry list on Friday with asterisks against Lotus and back-markers Marussia denoting that they were subject to confirmation.

No further information was given, and the FIA declined to provide details, although the usual reason would be because entry fees have yet to be paid.

Lowdon, whose team finished 10th of 11 last season and have the smallest budget of all, indicated the matter would be resolved shortly.

"We're just finalizing administrative details with the FIA and we have absolutely no concerns at all that the entry won't be confirmed," he told Reuters.

The basic entry fee for 2014, as laid out in the sporting regulations, is $508,000 which was supposed to have been paid by November last year.

Teams must also pay $5,080 per point scored in the 2013 constructors' championship - none in Marussia's case but an additional $1.6 million for fourth-placed Lotus who scored 315 points.

The rules say applications at other times will be considered if a place is available and on payment of a late entry fee to be fixed by the governing body. The season starts in Australia on March 16.   Continued...

 
CNBC presenter Ross Westgate (L), Marussia Virgin Formula One driver Timo Glock (C), and the team's Chief Executive Officer, Graeme Lowdon, pose with an MVR-02 for a photograph in London March 14, 2011. REUTERS/Stefan Wermuth