LONDON - The London-based administrator of Marussia shut down the Formula One team on Friday.Marussia ceased trading, and the remaining staff were made redundant following its move into bankruptcy protection in October, joint administrator Geoff Rowley of FRP Advisory said.It is deeply regrettable that a business with such a great following in British and world motorsport has had to cease trading and close its doors, Rowley said.Whilst the team made significant progress during its relatively short period of operation, operating a F1 team requires significant ongoing investment. The group was put into administration last month following a shortfall in on-going funding, and the administration process provided a moratorium to allow for attempts to secure a long-term viable solution for the company within a very limited time-frame. Sadly no solution could be achieved to allow for the business to continue in its current form.There were about 200 staff employed at Marussias base in Oxfordshire, England.Our immediate focus will be to assist staff who have lost their jobs and provide them with the necessary support, Rowley said.FRP became administrator after Russian billionaire shareholder Andrei Cheglakov was unable to provide the funding needed to keep the team going. Marussia were the second F1 team to enter administration in four days, following Caterham.Both teams were absent from the grand prix last Sunday in the United States, and Marussia will not compete in the final two races of the year. Caterham will also be absent in Brazil, while it continues to overcome its financial problems.Marussia went into administration three weeks after its French driver Jules Bianchi crashed into a recovery vehicle at the Japanese GP, and Bianchi remains in hospital in Japan in a critical but stable condition. 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Miami Dolphins Jerseys .2 million deal for the upcoming season with right-hander Garrett Richards.The person spoke on condition of anonymity Saturday because the announcement hadnt been made.ARLINGTON, Texas -- Michael Young slipped on a No. 10 Texas Rangers jersey for one last time. Young formally announced his retirement Friday after returning to Rangers Ballpark, his baseball home for all but the last of his 13 major league seasons. He called his time in Texas the best years of his life. "I came kind of confident, and stubborn, with a lot to learn," Young said. "In a lot of ways was still immature, trying to figure out who I was, and what I wanted to do and what I wanted to be about, and I figured it all out here." A seven-time All-Star, Young is the Rangers career leader with 2,230 hits. The 37-year-old infielder finished as a career .300 hitter in 1,970 games for Texas, Philadelphia and the Los Angeles Dodgers. Texas acquired Young from Toronto in July 2000, along with reliever Darwin Cubillian, for pitcher Esteban Loaiza. Young made his major league debut playing twice the final weekend of that season. Young became a regular in the Rangers lineup after being called up in late May the next season. Texas went from being a last-place team to consecutive World Series in 2010 and 2011. He was traded last winter to Philadelphia, then to the Dodgers at the end of August before the playoffs. Young has three young sons, ages 17 months to 8 years old, who were all born in Dallas, where he and his wife still live. Playing away from home for the first time last season was difficult for Young, even though he loved his time with the Phillies and hometown Dodgers. "My boys are the driving reason why my playing days are done," Young said. "Youve got to be there with them, you have to be there for every success, every failure. If something doesnt go right, I want them to see me first." Had Young wanted to keep playing, he said the Dodgers made him a tempting offer that would have provided significant playing time. Young definitely wants too get back in baseball at some capacity in the future, but isnt in a rush to do so.dddddddddddd Rangers general manager Jon Daniels, who got emotional at one point during his opening remarks, said the team certainly wants to have Young involved in some way. "The game of baseball is going to miss you, and I certainly hope you dont stay away from the game," said Texas manager Ron Washington, describing Young as the ultimate teammate. "I dont think this game will be able to survive without a Michael Young in it." Among the handouts Friday was a listing of all 2,375 of Youngs career hits -- it was almost all of 11 triple-columned pages. The first was a single at Baltimore on May 27, 2001, and the last was a double in a home game for the Dodgers against Colorado last Sept. 29. Originally a second baseman for Texas, Young voluntarily moved to shortstop after Alex Rodriguez was traded before spring training in 2004. Young was an All-Star each of his five seasons at shortstop and won a Gold Glove in 2008. Young switched to third base in 2009 and earned an All-Star nod at that position. He made that move when the Rangers promoted Elvis Andrus, then 20 years old and without ever playing above the Double-A level, to the big leagues. When third baseman Adrian Beltre signed with Texas before the 2011 season, Young became a utility player. He started at five different positions, made another All-Star game, led the AL with 213 hits and was part of the team that twice in Game 6 came within a strike of winning the World Series against St. Louis. "What sticks in my head most is the 2011, what I felt was a championship team that doesnt have a championship," he said. "It still eats at me -- a lot, actually. Im over it, but Im not. I dont want to spend too much time thinking about it. When I do, I still get a sick feeling in my stomach." ' ' '