News Details

Manor: We have agreed terms with an investor

The hard-up Manor Formula 1 team could soon be sold after owner Stephen Fitzpatrick revealed in Abu Dhabi talks were at an advanced stage with an unnamed investor. 'I can't talk too much about the specifics but we've been in discussions with several investors for the last six months I'd say,' he told reporters at the season-ending Abu Dhabi Grand Prix. 'We have agreed terms with an investor at the moment and we are still working through that.' Fitzpatrick, who saved the tail-end British-based team from collapse after they went into administration as Marussia in 2014, said he had always accepted that money equalled performance in Formula One and Manor needed it. 'Anything that was going to...
Full Story »
9y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Vettel: We can't be proud of this year

Sebastian Vettel has admitted that there is not much to be proud of for...
9y ago from GrandPrix247.com

Manor “agrees terms” with new investor

Manor F1 team owner Stephen Fitzpatrick says he has agreed terms with a...
9y ago from Motorsport.com

Malaysia to host its final grand prix in 2018

Malaysia will not host a Formula One Grand Prix after the current...
9y ago from GrandPrix247.com

Brown: Ron Dennis recruited me 

New McLaren executive director Zak Brown has credited the Formula One...
9y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Pedro Acosta praises KTM’s ‘really nice job’...

Pedro Acosta has praised KTM’s off-season development for helping him...

Popular On IndyCarToday.com

Watch: Mick Schumacher taken out on opening lap of...

Fans of Mick Schumacher could switch off early after his IndyCar debut at...

Christian Lundgaard ‘annoyed’ at being stuck...

Arrow McLaren driver Christian Lundgaard had a solid result in the first...

Popular On TotalWRC.com

Popular On GunnersToday.com

Brighton & Hove Albion vs Arsenal Prediction and...

Brighton & Hove Albion will host Arsenal at the American Express Stadium...
1h ago from SportsKeeda.com

After scoring goal in win over Chelsea, Jurrien Timber...

Jurrien Timber has said that Arsenal cannot afford to make costly mistakes...
2h ago from SportsKeeda.com

'We can't have the championship decided on corner...

Manchester United legend Peter Schmeichel has called for Premier League...
4h ago from SportsKeeda.com

Paul Merson predicts Brighton vs Arsenal, Aston Villa...

Every week it just gets better for Arsenal in the Premier League! There...
5h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.