No Marussia name change after ownership split 23 April, 2014 Marussia is not planning to change its name, despite the Formula 1 team no longer being owned by the Russian supercar maker. It emerged two weeks ago that the British-based team has split with Murussia Motors, who according to Russian reports is shedding staff and no longer making supercars. A team spokeswoman had explained that the team is now owned by another company within the Marussia group, Marussia Communications Limited. But Marussia Formula 1 Team’s sporting boss Graeme Lowdon insists the ownership split will have little impact. “Contrary to some reports we’ve never been owned by the car company,” he told Press Association. “We’ve a common shareholder in Andrey Cheglakov, a shareholder in the car company and a major shareholder in the Formula 1 team. “Although there is obviously a marketing link, beyond that there is no direct impact on us at all,” Lowdon said. “Financially we’re fine, or as much as a Formula 1 team can be!” he added. Lowdon also said that Marussia are not planning to change their name. “The whole Marussia concept goes beyond a car business, and we’ve not had any approach from Andrey to suggest otherwise at present,” he said. “So it’s business as usual.” (GMM) Subbed by AJN. Reports on GrandPrix247.com by: staff & contributors, Reuters syndication, GMM service, Formula 1 teams, sponsors & organisations.