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Manor Marussia reveals financial saviours, targets Melbourne

Rescued team finally confirms Stephen Fitzpatrick as new investor and Justin King as chairman. Manor Marussia F1 has confirmed that it intends to be at the Australian GP – and has formally named its new "principal investor" as Stephen Fitzpatrick. Fitzpatrick is the CEO and founder of UK company Ovo Energy. A longtime racing fan, he was a guest of Williams in Monaco last year, and considered an involvement with Formula E – a logical fit with his core business – before deciding to focus on F1. He also took a look at Caterham when the team was still a going concern last year. He is rumoured to have had around £40million to spend. Former Sainsbury's boss Justin King, father of...
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