News Details
Manor takes another step to salvation
Manor, the reborn Marussia team, took a step back from administration on Thursday. We reported earlier that the ailing backmarker's administrators would on Thursday issue a statement confirming that a restructuring process (CVA) agreed with creditors is now in place. Indeed, the statement was issued to the media at 3pm UK. "With new investment and a continuity of the respected management, the business has the ideal platform from which it can accelerate the operational rebuilding already under way to get a team back racing," said administrator Geoff Rowley. Manor is now in a race against time to be ready for Melbourne. Although it was believed the team could sit out the opening...
Full Story »
Full Story »
10y ago from GrandPrix.com
0
You May Also Be Interested In...
Manor Grand Prix exits administration
Getty Images Enlarge Manor Grand Prix, the team formerly known as...
10y ago from espnF1.com
Marussia creditors approve exit from administration
The former Marussia Formula One team moved a step closer to returning to...
10y ago from GrandPrix247.com
Marussia-Manor exits administration
+ Manor’s chances of racing in Formula 1 this season received a boost on...
10y ago from RichlandF1.com
Manor on track to exit administration
Manor's administrators are expected to issue a statement on Thursday...
10y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo aims to ‘get back to the top'...
Fabio Quartararo revealed that his number one priority is to "get...
1h ago from MotorsportWeek.c...
KTM will continue with MotoGP in 2027 “if we can...
No description available...
2d ago from Motorsport.com
Francesco Bagnaia must “stop the bleeding” of...
No description available...
3d ago from Motorsport.com
Luca Marini injured in Suzuka fall, Ai Ogura undergoes...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
21m ago from MotorsportWeek.c...
Winners and losers from IndyCar’s unique, chaotic...
No description available...
11h ago from Motorsport.com
IndyCar Detroit GP: Race red-flagged after vicious,...
No description available...
16h ago from Motorsport.com
Santino Ferrucci seizes best-ever IndyCar finish after...
No description available...
10h ago from Motorsport.com
Popular On TotalWRC.com
WRC: Sebastien Ogier confirms entry to the Acropolis...
No description available...
2d ago from Motorsport.com
Co-driver dies after crash during Jim Clark rally in...
Roberts, 39, was pronounced dead at the scene near Duns in the Scottish...
1w ago from TheGuardian.com
Rally Portugal criticism causes WRC, FIA to address...
No description available...
2w ago from Motorsport.com
WRC signs new deal to race in Portugal until at least...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
PFA chief Molango voices concern over impact of...
t;li>No solution to football’s bloated schedule in sight‘Quite a...
22m ago from TheGuardian.com
Barcelona Transfer News Roundup: Catalans eyeing...
Barcelona are working to add more quality to their squad before the start...
3h ago from SportsKeeda.com
Arsenal and Manchester City view PSG star named on the...
Premier League giants Arsenal and Manchester City are reportedly...
3h ago from SportsKeeda.com
Thomas Partey in 'slow-moving' Arsenal contract talks...
Barcelona reportedly enter talks to sign Arsenal midfielder Thomas Partey...
3h ago from SportsMole.co.uk
Comments
Hottest News
Michael Schumacher ‘lying on a bed' – Briatore
Jun.2 Flavio Briatore has hinted that F1 legend... Read More »
1h ago from OneStopStrategy.com
Schumacher proposes wild Verstappen conspiracy theory
Jun.2 Conspiracy theories are swirling after Max... Read More »
1h ago from OneStopStrategy.com
Stroll had tantrum before Spanish GP withdrawal
Jun.2 There could be more than meets the eye to... Read More »
1h ago from OneStopStrategy.com
