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
World Champion Jorge Martin set for MotoGP return at...
Reigning World Champion Jorge Martin is set to return to MotoGP action at...
1d ago from MotorsportWeek.c...
Toprak Razgatlioglu laughs off Honda MotoGP 2026...
Reigning WorldSBK champion Toprak Razgatlioglu laughed off rumours...
2d ago from MotorsportWeek.c...
How advice from Marquez is helping Martin recover from...
No description available...
2d ago from Motorsport.com
MotoGP race director validates the chaos caused by...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Renovated IMS museum reopens with all-new displays
The Indianapolis Motor Speedway Museum reopened on Wednesday following a...
3d ago from MotorsportWeek.c...
New livery revealed for Kyle Larson's Indy 500 / Coke...
Kyle Larson will be attempting to compete in IndyCar’s Indianapolis 500...
3d ago from MotorsportWeek.c...
Kyle Larson's McLaren-Hendrick paint schemes revealed...
No description available...
3d ago from Motorsport.com
The difficult transition from Indy NXT to IndyCar is...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Outback diplomacy: Finnish ambassador braves...
o Haapea hopes to raise $30,000 for cancer research as he navigates the...
17h ago from TheGuardian.com
Evans wins brutal Safari Rally to boost WRC title bid
No description available...
2w ago from Motorsport.com
Elfyn Evans bags the big game on Safari
Elfyn Evans and Scott Martin claimed their maiden Safari Rally Kenya...
2w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Episode 825 – Ian Wright
Welcome to another episode of the Arsecast – the Arsenal podcast....
23m ago from Arseblog.com
'You make that decision and you move on' - Jamie...
Pundit Jamie Carragher has shared his thoughts on Everton receiving a...
43m ago from SportsKeeda.com
'We could have this wrapped up', 'I feel so alive' -...
Liverpool fans are elated to see Arne Slot's starting XI for the Premier...
43m ago from SportsKeeda.com
Arsenal vs. Real Madrid: Head-to-head record and past...
Ahead of Tuesday's Champions League clash between Arsenal and Real Madrid,...
2h ago from SportsMole.co.uk
Comments
Hottest News
'This award is a joke!!' F1 fans stunned after shock Driver...
Formula 1 fans have been left shocked and... Read More »
2h ago from GPFans.com
FIA announce Norris inspection as samples taken after...
Lando Norris' MCL39 was subject to extensive FIA... Read More »
43m ago from GPFans.com
FIA announce bizarre fine for F1 star after medical issue...
The FIA have announced a strange penalty for one... Read More »
3h ago from GPFans.com
