News Details
Marussia closing in on F1 return
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...
Full Story »
Full Story »
10y ago from SuperSport.com
0
You May Also Be Interested In...
Marussia creditors approve exit from administration
The former Marussia Formula One team moved a step closer to returning to...
10y ago from GrandPrix247.com
Manor Grand Prix exits administration
Getty Images Enlarge Manor Grand Prix, the team formerly known as...
10y ago from espnF1.com
Manor to exit administration within days - FRP
Manor received a boost on Thursday as administrators FRP Advisory...
10y ago from GrandPrixTimes.com
Marussia/Manor set to exit administration
Marussia/Manor's move to a Company Voluntary Agreement has been approved,...
10y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Maverick Vinales and Somkiat Chantra back on MotoGP...
No description available...
1h ago from Motorsport.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
1d ago from Motorsport.com
MotoGP’s 2026 pre-season schedule is still up in the...
No description available...
23h ago from Motorsport.com
Pedro Acosta reveals how ‘disaster’ Saturday...
Pedro Acosta revealed “KTM is improving in every race” after taking...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Chip Ganassi shuts down Alex Palou and Red Bull F1...
No description available...
18h ago from Motorsport.com
IndyCar partners with iRacing for standalone video...
The NTT IndyCar Series will feature in a new branded video game title,...
16h ago from MotorsportWeek.c...
Winners and losers of IndyCar Snap-On Milwaukee Mile...
No description available...
2d ago from Motorsport.com
Mother Nature helped, but Christian Rasmussen was the...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
6d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Premier League club speaking to Arsenal star's...
Crystal Palace are reportedly speaking to the advisors of Arsenal winger...
41m ago from CaughtOffside.com
'Big statement' – Arsenal legend comments on...
Arsenal legend Nigel Winterburn has commented on the club's transfer...
1h ago from CaughtOffside.com
“I’ve been saying the last two years' - Pundit...
Former Premier League player turned pundit Danny Simpson believes...
6h ago from SportsKeeda.com
Kiwior linked with Porto, Berta's loan + obligation...
Morning. I know there's probably a cut-off point when it comes to Eberechi...
7h ago from Arseblog.com
Comments
Hottest News
Cadillac to use rival team's car for pre-2026 F1 testing
Cadillac will make use a rival team's car to... Read More »
4h ago from MotorsportWeek.com
'Extraordinary' McLaren sale labelled an 'important and...
The late Mansour Ojjeh's collection of McLarens... Read More »
40m ago from RacingNews365.com
Cadillac plots private track test with partner in late 2025
Cadillac may only be officially joining the... Read More »
4h ago from F1i.com
