News Details
Manor staff retained until end of January
Manor administrators give fresh hope as staff will be paid until end of the month. Despite claims that Manor had until January 20th to find a buyer, administrators FRP Advisory LLP have revealed that staff are being paid until the end of the month having discovered some extra money while doing the team's account. The law states that administrators have 14 days from the date they are appointed before they become liable themselves for salaries and other expenses - hence the January 20th deadline - but the discovery of the 'missing' funds means the deadline has been extended. 'They felt there was sufficient funding to pay the cost base to the end of the month,' said a spokesman for the...
Full Story »
Full Story »
8y ago from Pitpass.com
0
You May Also Be Interested In...
Manor staff to be paid to the end of Jan
Administrators of the Manor Formula One team are still talking to...
8y ago from SuperSport.com
Manor: Chances of saving F1 team receive boost as...
Attempts to save the Manor team have been boosted by a decision to keep...
8y ago from BBC.co.uk
Manor F1 team goes into administration
The company that operates the Manor Formula 1 team has gone into...
8y ago from Motorsport.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
Pirelli to hold first MotoGP test in Misano with test...
No description available...
16h ago from Motorsport.com
Watch: Motorsport takes a ride in the MotoGP safety car
No description available...
19h ago from Motorsport.com
Why Marc Marquez stressed his Ducati is identical to...
No description available...
4d ago from Motorsport.com
Toprak Razgatlioglu shares his ‘biggest dream'...
Following the announcement of Toprak Razgatlioglu's move to MotoGP in...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Video: Harrowing crash takes out Josef Newgarden,...
No description available...
1d ago from Motorsport.com
Kirkwood relieved to be rid of ‘street course...
Until this weekend at World Wide Technology Raceway, all of Kyle...
15h ago from MotorsportWeek.c...
Rasmussen passes most cars in Sunday night’s IndyCar...
Christian Rasmussen put on a show for fans Sunday night, passing more...
18h ago from MotorsportWeek.c...
IndyCar Gateway – Race Results
The NTT IndyCar Series made a trip to the St. Louis area for the first...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
3d ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
6d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal dealt further blow amid 'frustrations'...
Arsenal reportedly look to have been dealt a further blow in their...
55m ago from CaughtOffside.com
Lack of noise, no lack of action & two months is...
As much as I hate to be the bearer of bad news, Andrew actually isn't back...
1h ago from Arseblog.com
Report: Arsenal give firm response after Euro giants...
Arsenal reportedly received an enquiry recently from AC Milan over the...
1h ago from CaughtOffside.com
Arsenal dealt blow as multiple SPL sides, including...
As per reports, Arsenal are set to face stiff competition from Cristiano...
11h ago from SportsKeeda.com
Comments
Hottest News
Adjusted 2025 Le Mans 24 Hours results after...
Check out the adjusted results from the 2025 Le... Read More »
1h ago from RacingNews365.com
Lewis Hamilton issues Ferrari write-off claim as Italian...
Lewis Hamilton has essentially written off his... Read More »
1h ago from GPFans.com
Lando Norris facing devastating demotion after Canadian GP...
Lando Norris' collision with Oscar Piastri at the... Read More »
45m ago from GPFans.com
