Jan.19 (GMM) Marussia and its administrators has confirmed an auction of team equipment has been postponed due to rescue talks with a potential investor.
Earlier on Monday, it emerged that the sale of 2014 cars, components and race-day equipment scheduled for Wednesday was called off by the team's administrators.The BBC has quoted the administrator as confirming the auction was delayed "to allow for discussions to continue with a third party".Boss John Booth, who founded the F3 outfit Manor in 1990, explained that the talks are at a "fairly advanced stage" with a "credible investor"."Postponing the auction gives us a bit more time to explore it," he added.Booth also explained that, like Caterham if it is similarly rescued, Manor would have to use its 2014 cars - currently packed in crates in Abu Dhabi - in Melbourne in a few weeks' time.
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