Max Chilton’s future safe

Max Chilton has been assured his Formula One future is safe after Lloyds Bank sold 25 per cent of Marussia’s shares. Russian sports car company Marussia insist the withdrawal of Lloyds Development Capital, after the team made a £48.3million loss in 2011, was always planned at this stage. The bank will continue with a £38m loan to the grand prix backmarkers, who have shown promising signs this season with British rookie Chilton and the Frenchman Jules Bianchi in the drivers’ seats.

“In terms of stability, the team is now in its strongest position since it was founded in 2009," said chief executive Andy Webb.

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