News Details

‘Limited time available' to save Manor

Manor could yet compete in this year's championship with joint administrator Geoff Rowley revealing that there have been no redundancies although time is 'limited' to find an investor. Manor's staff gathered at the Banbury factory on Friday morning where they were informed that efforts to find an investor had failed, resulting in the team going into administration. FRP Advisory LLP have been appointed as joint administrators of the Just Racing Services Ltd, the company that operates Manor. But while the news is huge blow to the Formula 1 team, there is still time – albeit limited – to save the team. Rowley stated: 'The team's participation will depend on the outcome of the...
Full Story »
8y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Manor F1 team goes into administration

The company that operates the Manor Formula 1 team has gone into...
8y ago from Motorsport.com

‘Very limited window’ to save Manor as it enters...

 XPB Images Following earlier reports regarding Manor's Formula...
8y ago from F1i.com

Reports: Manor close to administration

The Manor Formula 1 team may not participate in the 2017 season and could...
8y ago from FormulaSpy.com

Manor F1's staff told to find new jobs as team enter...

Manor Formula 1 team's staff have been told to find new jobs following...
8y ago from F1Hub.net

Elsewhere On The Network

Popular On MGPToday.com

Why MotoGP hails 2025 season as a...

MotoGP promoter Dorna Sports has described the conclusion of the 2025...
17h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Hyundai to run a WRC2 spec machine in 2027?

Hyundai has said it is considering a brand new WRC2 car for the 2027...

Popular On GunnersToday.com

“I shouldn’t be saying this” - Bukayo Saka...

Arsenal superstar Bukayo Saka has revealed that he was a huge fan on...
1h ago from SportsKeeda.com

Mikel Arteta admits long-term future at Arsenal...

t;li>Spaniard approaches sixth anniversary in chargeArteta ‘has to...
9h ago from TheGuardian.com

'It has to be this year' - Thierry Henry sends PL...

Arsenal legend Thierry Henry has told club manager Mikel Arteta to avoid...
15h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.