News Details
Manor heads for Melbourne with $92m budget
Set to race as 'Manor Marussia', the backmarker almost collapsed but will return with a $92 million budget in 2015, it emerged on Wednesday. At a launch event in London, the team confirmed it has won its race to make it to Melbourne thanks to the personal investment of Stephen Fitzpatrick, who heads the British electricity company Ovo Energy. British newspapers say he is putting in about $45 million, with the rest of the budget coming from 2014 prize-money that is expected to arrive later this month. Fitzpatrick told reporters he invited Justin King to buy half the team, but the former Sainsbury's boss has instead been appointed interim chairman and advisor. "We are not expecting to...
Full Story »
Full Story »
10y ago from GrandPrix.com
0 Comments
You May Also Be Interested In...
Another backmarker Caterham F1 reached the end of the...
While Marussia pushes hard to return in 2015 as Manor, another ailing...
10y ago from ThisIsF1.com
Manor to appear on 2015 entry list on Friday
Friday is another crucial day in the history of the reborn Marussia team....
10y ago from ThisIsF1.com
Manor working towards Melbourne
The Manor team's 11th-hour bid to return to the F1 grid for the 2015...
10y ago from SkySports.com
Caterham assets auctions set to go ahead
While Marussia pushes hard to return in 2015 as Manor, another ailing...
10y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Liberty Media set for EU backing over MotoGP purchase
Liberty Media are reportedly set to secure backing from the European...
1h ago from MotorsportWeek.c...
Davide Tardozzi lukewarm on rival Aprilia’s request...
No description available...
17h ago from Motorsport.com
Jorge Martin confirms MotoGP return from injury at...
No description available...
17h ago from Motorsport.com
EU to approve Liberty Media's 4.2bn purchase of MotoGP
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
Long Beach weekend ‘crucial’ for Kyle Kirkwood’s...
Kyle Kirkwood is returning to the scene of his first IndyCar win this...
1d ago from MotorsportWeek.c...
Indy 500 veteran and NASCAR team owner Shigeaki...
Shigeaki Hattori, a two-time competitor in the Indianapolis 500 and...
2d ago from MotorsportWeek.c...
Renovated IMS museum reopens with all-new displays
The Indianapolis Motor Speedway Museum reopened on Wednesday following a...
6d 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...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Details of WRC’s first rally in Paraguay emerge
No description available...
1d ago from Motorsport.com
Outback diplomacy: Finnish ambassador braves...
o Haapea hopes to raise $30,000 for cancer research as he navigates the...
4d ago from TheGuardian.com
Popular On GunnersToday.com
Contact made: Arsenal ask agent of £30m Premier...
Arsenal have reportedly been one of the clubs to reach out to the agents...
30m ago from CaughtOffside.com
Arsenal lineup vs. Brentford: Predicted XI for Premier...
Sports Mole takes an in-depth look at how Arsenal could line up for...
1h ago from SportsMole.co.uk
Brentford lineup vs. Arsenal: Predicted XI for Premier...
Sports Mole takes an in-depth look at how Brentford could line up for...
1h ago from SportsMole.co.uk
Arsenal vs. Brentford: Head-to-head record and past...
Sports Mole looks at the head-to-head record and previous meetings between...
1h ago from SportsMole.co.uk
Comments
Hottest News
Charles Leclerc takes new direction amid Ferrari...
Charles Leclerc is set to go his own way with... Read More »
2h ago from MotorsportWeek.com
Horner sees potential ‘game changer’ looming for Red...
As the 2025 Formula 1 season slowly begins to... Read More »
1h ago from F1i.com
“We’re Back!” McLaren Racing announces WEC 2027 entry
McLaren Racing confirmed it will enter the FIA... Read More »
50m ago from GrandPrix247.com
