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Manor heads for Melbourne with $92m budget
Set to race as 'Manor Marussia', the backmarker almost collapsed but will return with a $92 million budget in 2015, it emerged on Wednesday. At a launch event in London, the team confirmed it has won its race to make it to Melbourne thanks to the personal investment of Stephen Fitzpatrick, who heads the British electricity company Ovo Energy. British newspapers say he is putting in about $45 million, with the rest of the budget coming from 2014 prize-money that is expected to arrive later this month. Fitzpatrick told reporters he invited Justin King to buy half the team, but the former Sainsbury's boss has instead been appointed interim chairman and advisor. "We are not expecting to...
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11y ago from GrandPrix.com
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