Heavy lock up for Max Verstappen at Turn One, the Toro Rosso skating across the run-off and into the area behind the barriers before negotiating a way back out and onto track. The Dutch teenager is currently fifth fastest, one second off the pace.

The BBC Sport development team have been working hard on Formula 1 alerts for our app, following on from the football goal alerts, and I'm pleased to say they're ready to go.

Simply head to the MyAlerts section from the Sport app's menu and choose the alerts you want to add. For F1, you'll receive results for practice, qualifying and the race itself as they happen.

McLaren continue to work on Jenson Button's car. The 2009 world champion and Sauber's Esteban Gutierrez are the only two drivers who have yet to set a time in this session. Just 16 minutes remaining.

Daniel Juncadella's Force India has been removed and the track is now clear so we're back under way at Interlagos.

Euan Sass: Very sad to hear Marrusia has come to an end. Best of luck to all Marussia staff members and drivers.

Daniel Kelly: Shame to hear about Marussia, they've had a good season in their terms, and now it's all collapsed.

Marussia had been in talks with two potential investors as they bid to save the team, but when a deadline of 12:00 GMT on Friday passed with no funds transferred, the team folded. The news leaves more than 200 people without jobs.

Image source, AP

While we've got a break in the action, here's a recap of how they stand:

1) Ros 2) Ham (pictured) 3) Ver 4) Mal 5) Rai 6) Mag 7) Kvy 8) Ric 9) Sut 10) Hul 11) Alo 12) Vet 13) Gro 14) Nas 15) Mas 16) Jun 17) But 18) Gut

Before the crash, there was a change at the top with Nico Rosberg going quickest, the German clocking a 1:12.764, a couple of tenths quicker than Mercedes' team-mate Lewis Hamilton.

The red flag is out as marshals head over to recover the damaged Force India. Daniel Juncadella is out of the car and heads over to the medical to hitch a lift back to the paddock.

Daniel Juncadella is in the barriers and there's quite a bit of damage to the front end of that Force India. It's hardly ideal for Sergio Perez, whose car Juncadella is borrowing.

"It goes without saying that it's deeply regrettable that a business with such a great following in Britain and worldwide has had to cease trading and close its doors," says Geoff Rowley of FRP Advisory who were appointed as Marussia's administrators.

I'll bring you more on that Marussia story when I get it. The Banbury-based team and rivals Caterham went into administration last month. They missed the United States Grand Prix and are not present in Brazil.

The Marussia F1 team have folded, according for the team's administrators.

Max Verstappen has completed the most laps today, the Dutchman making the most of his chance in this session to gain experience ahead of his race debut with Toro Rosso next year. The teenager has a best time of 1:13.827 from 18 laps. That's just four tenths off the pace set by Lewis Hamilton.

It's pretty quiet out on track with just the Toro Rossos of Daniil Kvyat and Max Verstappen and the Ferrari of Kimi Raikkonen out and about.

Jenson Button has not been seen since he rolled to a stop at the entry to the pit-lane after just one lap. His team are working hard to fix an electrical problem on his McLaren.

There has been a lot of speculation about Button's future, with the 2009 world champion likely to leave the sport at the end of the year. McLaren look set to sign Fernando Alonso, with Kevin Magnussen keeping his seat alongside him.

Button's former team-mate Lewis Hamilton thinks his old team should keep Button. "If I had a team, I would want him in it because he's a great asset," said Hamilton, 29.

"Button is a great driver, still one of the strongest, and he's had an amazing career. He's also a decent guy, so it doesn't correlate."

Giedo Van Der Garde found out with the rest of the world on Wednesday evening that Sauber had picked Felipe Nasr for next season, when he had been expecting to get the drive.

He said: "I was very confident about the ride and what came up I got very very surprised about that; nothing more to say about that. I just have to do my job this weekend, stay calm, come home and then sit down on the Monday with the management. It is a bit tough, but I have to stay relaxed cool, and that's it.

"There's plenty I want to say, but it's probably better I stay quiet for now."

McLaren's Kevin Magnussen has the track to himself and uses it to good effect, moving up to third with a 1:14.312, eight tenths off the pace.

Andrew Benson
Chief F1 writer at Interlagos

"After the anger of Austin, talks have started on the subject of improving the lot of Formula 1's smaller teams, who are struggling to make ends meet. Sauber, Force India and Lotus are now in dialogue with the commercial rights holders CVC over getting more money after CVC boss Donald MacKenzie vowed to them he would personally sort the situation out. Sauber team principal Monica Kaltenborn said that the discontent expressed last weekend appeared to have made an impression.

"'It was important to get into this dialogue, but it's equally important to have actions taking place, not just talking,' she said. 'The fact they are in a dialogue with us says they see the issue and they have to find a solution to this. I do think we did get that far last weekend, that the points we made have been acknowledged and this is what started the conversation.' As for a time frame, she said: 'Something definitely has to be done within this season. The signals are good, but one thing is talking, another thing is then taking actions. It has to be done very quickly.'"

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