Marussia have recorded the biggest financial loss in Formula One history, but the team are confident they have turned the corner.

Lotus produced motorsport’s worst set of financial records in May this year as they made a loss of £56 million, but Marussia have outdone them as they lost £57.6 million last year.

Although the numbers make for poor reading, the team are convinced things will be better next year as their investors have moved to clear £130 million click here for more