BANBURY-BASED Marussia Formula 1 team could be back on the grid before the end of the season.

The team went into administration last week but is now hopeful it could have cars on the track for the Abu Dhabi season finale.

Marussia, like fellow financial strugglers Caterham, were given dispensation to miss Sunday’s American Grand Prix and next weekend’s Brazilian race.

A good performance at the end of the Grand Prix season, with double points available, could be crucial to securing the Marussia team’s future.

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Back-to-back top 10 places would lead to a £25m windfall.

The team has been placed in administration under London-based restructuring and recovery firm FRP Advisory.

Marussia F1 is believed to have lodged an entry for next season under their original name Manor Grand Prix.

It is understood new investors have been lined up and, with financial help on its way, the team’s freight is being readied to be hauled to Abu Dhabi for the final Grand Prix of the season on November 23.

It is reported Caterham’s administrators have said the team could be wound up in the next two weeks unless a buyer comes forward.

Around 200 jobs are under threat at the Leafield-based team.

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