News Details
Marussia creditors approve exit from administration
The former Marussia Formula One team moved a step closer to returning to the grand prix grid on Thursday after creditors approved a move allowing them to come out of administration. Administrators FRP Advisory LLP said in a statement that a Company Voluntary Arrangement had been agreed to allow control of Manor Grand Prix Racing, which traded as Marussia F1, to be passed back to directors. 'The financial restructuring creates a platform for the company to continue with its plans to participate once again within Formula One,' they added. No details of the restructuring, or investors, were provided although former team boss John Booth and sporting director Graeme Lowdon are known to be...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
Marussia/Manor set to exit administration
Marussia/Manor's move to a Company Voluntary Agreement has been approved,...
10y ago from Motorsport.com
Manor to exit administration within days - FRP
Manor received a boost on Thursday as administrators FRP Advisory...
10y ago from GrandPrixTimes.com
Manor Grand Prix exits administration
Getty Images Enlarge Manor Grand Prix, the team formerly known as...
10y ago from espnF1.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
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo: Yamaha hasn’t made any “big...
No description available...
2h ago from Motorsport.com
MotoGP takes another step toward F1 to eliminate team...
No description available...
1d ago from Motorsport.com
The hidden backroom crew that helped Ducati Lenovo...
No description available...
1d ago from Motorsport.com
Franco Morbidelli "respects” the limit after...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Lochie Hughes secures IndyCar reserve role with...
Andretti Global has announced a continued partnership with Lochie Hughes...
1d ago from MotorsportWeek.c...
IMSA’s AO Racing considering expansion, possibly...
AO Racing, one of the more popular teams racing in IMSA currently, is...
5d ago from MotorsportWeek.c...
Five IndyCar teams jump start offseason testing at...
Five different IndyCar teams completed a test at Mid-Ohio Sports Car...
1w ago from MotorsportWeek.c...
Mick Schumacher to make IndyCar test debut with Rahal...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Kalle Rovanpera to leave WRC for Super Formula in 2026
No description available...
8h ago from Motorsport.com
Kalle Rovanpera quits rallying
Toyota Gazoo Racing World Rally Team driver Kalle Rovanperä has...
7h ago from MotorsportWeek.c...
‘Aiming for the highest level possible’ - Why...
No description available...
7h ago from Motorsport.com
Thierry Neuville insists 2025 WRC Hyundai has “more...
No description available...
23h ago from Motorsport.com
Popular On GunnersToday.com
Episode 848 – Oh dear, we're quite good
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
2h ago from Arseblog.com
Viktor-y Through Harmony
Viktor Gyokeres was bought to address some very simple issues for Arsenal....
3h ago from Arseblog.com
Jamie Carragher explains what Liverpool and Manchester...
Premier League legend Jamie Carragher believes Liverpool and Manchester...
2h ago from SportsKeeda.com
'It's quite funny' - Michael Owen makes feelings clear...
Former Liverpool and England hero Michael Owen has offered his opinion on...
3h ago from SportsKeeda.com
Comments
Hottest News
F1 star blasts fierce Lewis Hamilton rival with BRUTAL...
F1 star Isack Hadjar delivered a brutal swipe at... Read More »
3h ago from GPFans.com
Ex-Ferrari F1 technical chief details difference at Aston...
Aston Martin's Chief Technical Officer Enrico... Read More »
57m ago from MotorsportWeek.com
Verstappen credits ‘different philosophy’ for Red...
After a turbulent mid-season dip, Red Bull Racing... Read More »
57m ago from F1i.com
