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 »
11y 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,...
11y ago from Motorsport.com
Manor to exit administration within days - FRP
Manor received a boost on Thursday as administrators FRP Advisory...
11y ago from GrandPrixTimes.com
Manor Grand Prix exits administration
Getty Images Enlarge Manor Grand Prix, the team formerly known as...
11y 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...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Is Alex Marquez’s Jerez MotoGP breakthrough real or...
No description available...
20h ago from Motorsport.com
Should there be a tear-off rule following Marco...
No description available...
2d ago from Motorsport.com
Miguel Oliveira reveals what’s ‘more difficult’...
Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...
2d ago from MotorsportWeek.c...
MotoGP eliminates wildcard riders from 2027 season
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Motorsport legend Alex Zanardi dies aged 59
Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...
1d ago from MotorsportWeek.c...
Mick Schumacher shares injury update after breaking...
No description available...
3d ago from Motorsport.com
Zanardi: The man whose name is a synonym for “hero”
No description available...
1d ago from Motorsport.com
Dual-tone Chevy ZR1X pace car revealed for...
The NTT IndyCar Series has revealed the Chevrolet pace car for the...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
M-Sport weighs up WRC new car build as all options...
No description available...
4d ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
4d ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
4d ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
No Maybes, the baron does not lie
Morning all. Yesterday was a reminder that Arsenal have to do everything...
1h ago from Arseblog.com
'He’s kind of solved that problem for us' - Ian...
Arsenal legend Ian Wright has heaped praise on Viktor Gyokeres after the...
11h ago from SportsKeeda.com
'He gave you that energy, he lifted everybody' - Paul...
Paul Merson has urged Mikel Arteta to start Myles Lewis-Skelly in...
11h ago from SportsKeeda.com
Fit and firing Bukayo Saka injects fresh belief into...
astating cameo highlighted the crucial role the winger has to play if...
15h ago from TheGuardian.com
Comments
Hottest News
F1 Miami Grand Prix 2026 results: Final classification...
After a dramatic fourth round of the Formula 1... Read More »
1h ago from GPFans.com
F1 News Today: Max Verstappen hit by Miami penalty as...
Max Verstappen was stung by a very late penalty... Read More »
2h ago from GPFans.com
Next F1 race: Updated 2026 schedule with dates and times...
F1 returned from that enforced five-week break at... Read More »
1h ago from GPFans.com
