Glock departs Formula One team

21 January 2013 12:28

Marussia team principal John Booth has admitted 'commercial' reasons were behind Glock's departure before the 2013 season as the F1 outfit effectively could not pay the 30-year-old German driver anymore.

Booth thanked Glock for helping the team by agreeing to leave and made it clear the German's driving ability is highly rated at Marussia.

"Timo is a fantastic driver and he has been a very popular member of the team," Booth told the BBC.

"Our team was founded on the principle of benefiting from proven experience while also providing opportunities for young emerging talent to progress to the pinnacle of motorsport.

"Thus far, this philosophy has also been reflected in our commercial model.

"The ongoing challenges facing the industry mean that we have had to take steps to secure our long-term future.

"Tough economic conditions prevail and the commercial landscape is difficult for everyone, Formula One teams included.

"We would like to thank Timo for working with us to reach this decision, especially as he had a valid contract, and also for the contribution he has made to our team."

Because of their tough financial situation, Marussia would like a pay driver to replace Glock.

Pay drivers are those who bring their own sponsorship to the team and are effectively paid by their sponsor, like Pastor Maldonado at Williams.

Glock has been with Marussia since the team started in 2010 as Virgin and it is believed he will race in the German Touring Car Championship this year.

"I have had three excellent years with the Marussia F1 Team, during which I had the chance to actively participate in building and developing the team in its endeavours to succeed within the Formula 1 World Championship," Glock said.

"I would like to wish the team good luck in navigating this next period and thank everyone for the great times we shared and the support I have received."

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