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 »
8y 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...
8y ago from GrandPrix247.com

Manor “agrees terms” with new investor

Manor F1 team owner Stephen Fitzpatrick says he has agreed terms with a...
8y 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...
8y ago from GrandPrix247.com

Brown: Ron Dennis recruited me 

New McLaren executive director Zak Brown has credited the Formula One...
8y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Ryan Hunter-Reay joins Arrow McLaren for 2026 Indy 500

Arrow McLaren has announced that veteran Ryan Hunter-Reay will join the...

RLL locks in Louis Foster with extended IndyCar...

Rahal Letterman Lanigan Racing has announced an extension to its contract...

AJ Foyt Racing expands veteran support program to full...

AJ Foyt Racing has announced that its successful Homes For Our Troops...

Popular On TotalWRC.com

Oliver Solberg lands factory Toyota Rally1 drive

We called it after Oliver Solberg clinched his WRC2 title in Chile....

Popular On GunnersToday.com

Fabrizio Romano reveals Arsenal staff have received...

Arsenal staff are reportedly not overly concerned after being informed of...
17h ago from CaughtOffside.com

Sources: Chelsea increasingly keen on ambitious move...

Chelsea are reportedly increasingly keen on Nottingham Forest central...
18h ago from CaughtOffside.com

Sources: Arsenal 'monitoring' underrated talent who's...

Arsenal are understood to be among the clubs keeping an eye on Jurrien...
22h ago from CaughtOffside.com

Manchester United star Matheus Cunha responds to fan...

Manchester United star Matheus Cunha has laughed off a request from an...
22h 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.