Formula One: Finance talks as Glock quits Marussia

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TIMO Glock is likely to race in the German Touring Car Championship (DTM) after departing Formula One minnows Marussia.

The 30-year-old German had driven for the team, who used to be based in Dinnington, since their arrival in F1 at the start of 2010, and had a contract to race alongside Britain’s Max Chilton this year.

But Rotherham-born team principal John Booth admitted the decision had been taken with financial considerations in mind, after they narrowly missed out on 10th place in the constructors’ championship last term.

“Timo is a fantastic driver and he has been a very popular member of the team,” he said. “The ongoing challenges facing the industry mean that we have had to take steps to secure our long-term future.”

Glock, who has competed in 91 races in motorsport’s premier competition, earned a salary at Marussia but Booth’s outfit need a driver who brings sponsorship.

“Tough economic conditions prevail and the commercial landscape is difficult for everyone,” he added.

Brazilian duo Bruno Senna and Luiz Razia are in contention to replace Glock.