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Manor confirms readiness for Australian GP
Manor states that it is on schedule to race in Melbourne in 10 days time. The team also exits administration following a new investment by Stephan Fitzpatrick. Formal agreement was reached with Manor’s creditors on Thursday 19th February 2015 in order to allow the team to come out of administration, following new investment from Stephen Fitzpatrick. Manor’s President & Sporting Director will be Graeme Lowdon, with former Sainsbury’s CEO Justin King taking over as the team’s interim Chairman. The team has been preparing the cars with which it will begin the 2015 season and which comply fully with the 2015 regulations. Later in the season it will introduce a new 2015 specification...
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9y ago from F1Technical.net
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