Formula One: Cash-strapped Marussia fail in late bid to race

ABU DHABI (AFP) - The cash-strapped Marussia team failed in a late bid to enter this weekend's Abu Dhabi Grand Prix, driver Max Chilton revealed on Thursday.

In a comment on Twitter, the British driver said: "Devastated for everyone involved at Marussia in the past 24 hours that the hard work trying to get to Abu Dhabi didn't work out as we hoped."

Marussia went into administration last month and missed the last two races in the United States and Brazil.

The administrators announced that the company had ceased trading, with the loss of 200 jobs, two weeks ago.

Talks to revive the team with the involvement of new investors broke down his week.

Struggling rivals Caterham, who also went into administration in October, succeeded in raising enough investment through crowd-funding and other investments to send a team to take part in Sunday's race.

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