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Manor signs Stevens, plans to race in Australia

The Manor Formula One team, formerly Marussia, is pushing ahead with its plans to race in the season-opening Australian Grand Prix. The team announced last week that it was exiting administration, taking another step towards a return to racing with its 2014 cars. Ferrari confirmed last week it had agreed to supply the team with its 2014 power units. On Wednesday, Manor said the cars with which it plans to compete in Melbourne are in advanced "state of build". "The approval by the Company's creditors on 19 February 2015 to a Company Voluntary Arrangement paves the way for the team to exit from administration and since that time everyone involved with Manor has been working...
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