News Details
Marussia closing in on F1 return
The former Marussia Formula One team moved a step closer to returning to the grand prix grid on Thursday after creditors approved a move allowing them to come out of administration. Administrators FRP Advisory LLP said in a statement that a Company Voluntary Arrangement had been agreed to allow control of Manor Grand Prix Racing, which traded as Marussia F1, to be passed back to directors. "The financial restructuring creates a platform for the company to continue with its plans to participate once again within Formula One," they added. No details of the restructuring, or investors, were provided although former team boss John Booth and sporting director Graeme Lowdon are known...
Full Story »
Full Story »
11y ago from SuperSport.com
0
You May Also Be Interested In...
Marussia creditors approve exit from administration
The former Marussia Formula One team moved a step closer to returning to...
11y ago from GrandPrix247.com
Manor Grand Prix exits administration
Getty Images Enlarge Manor Grand Prix, the team formerly known as...
11y ago from espnF1.com
Manor to exit administration within days - FRP
Manor received a boost on Thursday as administrators FRP Advisory...
11y ago from GrandPrixTimes.com
Marussia/Manor set to exit administration
Marussia/Manor's move to a Company Voluntary Agreement has been approved,...
11y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP completes investigation into Brazilian GP...
No description available...
14h ago from Motorsport.com
Maverick Vinales and Jorge Lorenzo's partnership cools...
No description available...
19h ago from Motorsport.com
Jorge Martin: Brazilian MotoGP podium ‘feels...
Jorge Martin admits that his double podium from the Brazilian MotoGP...
17h ago from MotorsportWeek.c...
Ducati: “We can’t always rely on Marc Marquez to...
No description available...
22h ago from Motorsport.com
Popular On IndyCarToday.com
Will Power: “You cannot have a weakness” going...
No description available...
11h ago from Motorsport.com
Will Power compares ‘military-like’ Andretti to...
When Will Power signed a contract to join Andretti Global for the 2026...
11h ago from MotorsportWeek.c...
Carb day concert line-up announced for Indy 500
Indianapolis Motor Speedway has announced which bands will be playing on...
17h ago from MotorsportWeek.c...
Legacy Grand Prix of Long Beach promoter Jim...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
4d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Not one or other, but both
Morning all. Let's start with Arsenal Women this morning who took a big...
51m ago from Arseblog.com
£60m star 'would jump at the chance to sign for...
Arsenal reportedly look likely to make changes at right-back this summer...
2h ago from CaughtOffside.com
Theo Walcott urges one Arsenal star to reject...
Former Arsenal attacker Theo Walcott hopes that 16-year-old Gunners...
1h ago from SportsKeeda.com
Arsenal's Eze suffers injury set-back just as he was...
Arsenal's Eberechi Eze is set to miss several weeks because of a calf...
11h ago from SkySports.com
Comments
Hottest News
Ferrari queries Mercedes ‘two-phase' front wing
Mar.25 Ferrari has approached the FIA for... Read More »
1h ago from OneStopStrategy.com
Newey ‘not doing well' as crisis deepens – Marko
Mar.25 Dr Helmut Marko has revealed he has been... Read More »
1h ago from OneStopStrategy.com
Herta gives debut ‘C-minus' as F2 start shows gaps
Mar.25 Colton Herta has rated his first Formula... Read More »
1h ago from OneStopStrategy.com
