News Details
Manor takes another step to salvation
Manor, the reborn Marussia team, took a step back from administration on Thursday. We reported earlier that the ailing backmarker's administrators would on Thursday issue a statement confirming that a restructuring process (CVA) agreed with creditors is now in place. Indeed, the statement was issued to the media at 3pm UK. 'With new investment and a continuity of the respected management, the business has the ideal platform from which it can accelerate the operational rebuilding already under way to get a team back racing,' said administrator Geoff Rowley. Manor is now in a race against time to be ready for Melbourne. Although it was believed the team could sit out the opening three races...
Full Story »
Full Story »
11y ago from ThisIsF1.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 to exit administration within days - FRP
Manor received a boost on Thursday as administrators FRP Advisory...
11y ago from GrandPrixTimes.com
Manor pays F1 2015 entry fee, FIA leaves door open –...
Manor, formerly known as Marussia, is plotting its course for a 2015...
11y ago from ThisIsF1.com
Manor takes another step to salvation
Manor, the reborn Marussia team, took a step back from administration on...
11y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Brazilian GP: Marc Marquez scores comeback win...
No description available...
13h ago from Motorsport.com
Marc Marquez: Brazil GP sprint would have been...
No description available...
11h ago from Motorsport.com
Fabio Di Giannantonio secures pole position on...
VR46 Ducati's Fabio Di Giannantonio ended a four-year drought to claim...
18h ago from MotorsportWeek.c...
Marc Marquez takes victory in first-ever Brazilian...
Marc Marquez claimed his first Sprint victory of the season in the...
13h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Legacy Grand Prix of Long Beach promoter Jim...
No description available...
9h ago from Motorsport.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
4d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
4d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
1d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
1d ago from Motorsport.com
Takamoto Katsuta breaks down in tears after...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Carabao Cup final preview: A chance for silverware and...
Morning all, it's Carabao Cup final day. It's our first final since the FA...
1h ago from Arseblog.com
‘One-nil down, two-one up’: when Arsenal won their...
enal hope to win the trophy for a third time against Manchester City on...
3h ago from TheGuardian.com
‘We enjoy it’: Gabriel relishing Carabao Cup final...
der of Arsenal’s defence ‘gives everything for the badge’ and hopes...
10h ago from TheGuardian.com
Comments
Hottest News
F1 News Today: Max Verstappen disqualified after race win...
Four-time F1 champion Max Verstappen was... Read More »
1h ago from GPFans.com
Mercedes issue official statement after shock Max...
Max Verstappen, Dani Juncadella and Jules Gounon... Read More »
2h ago from RacingNews365.com
Max Verstappen Red Bull Nurburgring ban confirmed - 'Too...
Four-time F1 champion Max Verstappen may have... Read More »
2h ago from GPFans.com
