News Details
Manor Grand Prix exits administration
Getty Images Enlarge Manor Grand Prix, the team formerly known as Marussia, has taken an important step towards a return to the F1 grid after it exited administration on Thursday As planned by its administrators earlier this month, the company had a Company Voluntary Arrangement approved, which will see control handed back to the directors. Administrator Geoff Rowley said it is a crucial step as the team attempts to return to F1. "We are pleased that the financial restructuring of the Company has been progressed after creditor approval of the CVA," Rowley said. "With new investment and a continuity of the respected management, the business has the ideal platform from which...
Full Story »
Full Story »
10y ago from espnF1.com
0
You May Also Be Interested In...
Manor-Marussia out of administration
Manor has confirmed it is formally out of administration as it continues...
10y ago from Crash.net
Manor boosted by FIA's decision to delay entry list
The Manor F1 Team has been given a boost as it vows to return to the...
10y ago from GrandPrixTimes.com
Marussia becomes Manor and pays 2015 F1 fee
Manor, formerly known as Marussia, is plotting its course for a return to...
10y ago from GrandPrix247.com
Manor books FIA crash tests for early March
While Barcelona echoed to the sound of Formula 1 turbo V6 engines on...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha set to confirm new inline-four MotoGP engine at...
Yamaha admits it is likely to use its updated inline-four MotoGP engine...
3h ago from MotorsportWeek.c...
Joan Mir confirms new Honda engine sees improvement in...
Joan Mir confirmed that Honda's new engine has shown improvements in 'all...
5h ago from MotorsportWeek.c...
Pedro Acosta did have surgery for arm-pump syndrome...
No description available...
6h ago from Motorsport.com
Fabio Quartararo reflects on ‘special' Jerez...
Fabio Quartararo described his second-place finish at Jerez as...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Helio Castroneves joins Barrichello, Massa in the 2025...
No description available...
20h ago from Motorsport.com
Corvette ZR1 pace car revealed for 109th Indy 500
Indianapolis Motor Speedway has revealed the pace car that will head the...
19h ago from MotorsportWeek.c...
2025 Indianapolis 500 Chevrolet ZR1 pace car unveiled
No description available...
18h ago from Motorsport.com
Takuma Sato reveals 94G impact in 233mph Indy 500...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai was 'clearly unprepared' for WRC Canary...
No description available...
4h ago from Motorsport.com
Toyota Gazoo Racing's silver lining
Toyota Gazoo Racing has a silver lining, literally. Not content with a...
1d ago from MotorsportWeek.c...
Even Sebastien Ogier was powerless to prevent Kalle...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Exclusive Arsenal column: Partey return crucial for...
Arsenal vs PSG was frustrating, but the tie isn't over yet It was a really...
58m ago from CaughtOffside.com
The rise of Nico Williams - is he set for the Premier...
Nico Williams was not even a teenager when Athletic Club realised he was...
2h ago from SkySports.com
Arsenal are talking the talk after PSG loss but can...
el Merino says team have the quality, motivation and mentality to turn...
2h ago from TheGuardian.com
Reasons for hope? How could Arsenal turnaround CL semi...
Sky Sports' Peter Smith and Dougie Critchley explain the scale of...
3h ago from SkySports.com
Comments
Hottest News
Jenson Button to avoid UK after £250,000 London robbery
Jenson Button and his wife Brittny Button have... Read More »
4h ago from GPFans.com
Franco Colapinto Alpine 'debut' emerges in sponsor...
One of Franco Colapinto's personal sponsors has... Read More »
2h ago from RacingNews365.com
Who will win the 2025 F1 Miami Grand Prix?
Oscar Piastri has three wins from the first five... Read More »
48m ago from RacingNews365.com
