News Details
Manor F1 team goes into administration
– In the wake of media speculation, it has been announced that the operating company of the Manor Formula 1 team has gone into administration, casting doubt over its future on the eve of the new season.Sky News reported on Friday morning that Manor's recent discussions with potential investors had failed to produce an agreement, with FRP Advisory lined up to act as the administrator.FRP Advisory has now been appointed joint administrator of Just Racing Services Ltd, which operates Manor, though no redundancies of the 212 staff at the team have been made thus far.In a statement, as posted by Autosport, joint administrator Geoff Rowley outlined the situation."The team has made...
Full Story »
Full Story »
8y ago from GPUpdate.net
0
You May Also Be Interested In...
Manor F1 team goes into administration
The company that operates the Manor Formula 1 team has gone into...
8y ago from Motorsport.com
Manor on brink of administration
The Manor Formula 1 team is on the brink of collapsing into...
8y ago from SkySports.com
Administration looms large for Manor F1 Team
It emerged today that the future of Manor Racing MRT could be under...
8y ago from TheCheckeredFlag....
Reports: Manor close to administration
The Manor Formula 1 team may not participate in the 2017 season and could...
8y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
BMW Motorrad looking to buyout KTM – report
Reports indicate that German manufacturer BMW Motorrad is looking to buy...
4h ago from MotorsportWeek.c...
Jorge Martin to miss Thai MotoGP season opener
Reigning MotoGP champion Jorge Martin will miss out on the season opener...
4h ago from MotorsportWeek.c...
Reigning MotoGP champion Martin will miss Thai GP due...
No description available...
4h ago from Motorsport.com
Rating the prospects of MotoGP’s 2025 rookie crop
No description available...
7h ago from Motorsport.com
Popular On IndyCarToday.com
Zak Brown outlines investment that could maximize...
McLaren Racing CEO Zak Brown has released a public letter covering...
2h ago from MotorsportWeek.c...
Team Penske quickest in final IndyCar test day
The NTT IndyCar Series held its second and final preseason open test day...
5d ago from MotorsportWeek.c...
IndyCar tire allocations, practice rules updated for...
IndyCar has announced multiple updates to rules regarding use of the...
5d ago from MotorsportWeek.c...
Pit lane speed adjustments made for 2025 IndyCar season
The NTT IndyCar Series has announced a few changes for the upcoming 2025...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC drivers follow F1 in statement to FIA president
World Rally Championship drivers have penned a strongly-worded statement...
5h ago from MotorsportWeek.c...
WRC drivers call on FIA president for “urgent...
No description available...
9h ago from Motorsport.com
Elfyn Evans wins Rally Sweden by a whisker
Super Sunday on Rally Sweden was just that! After 300km of hard racing,...
1w ago from MotorsportWeek.c...
WRC women's driver development programme winner...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“I bet those renewals are all going to be slow” -...
No description available...
50m ago from SportsKeeda.com
“The freedom has gone a little bit from them” -...
No description available...
50m ago from SportsKeeda.com
Premier League GW27 predictions: Man City edge...
Sports Mole takes on Clement of French indie pop band Kids Return for a...
2h ago from SportsMole.co.uk
Nottingham Forest vs. Arsenal: Head-to-head record and...
Sports Mole looks at the head-to-head record and previous meetings between...
2h ago from SportsMole.co.uk
Comments
Hottest News
Aston Martin fools F1 rivals with surprise car design...
The 2025 Aston Martin F1 car hit the track in... Read More »
7h ago from RacingNews365.com
Max Verstappen's Dad Makes Threat Over Uncompetitive 2025...
With the 2025 Formula 1 season approaching, all... Read More »
1h ago from Formula1News.co.uk
2025 F1 pre-season testing driver line-ups
Check out who is driving for which team and when... Read More »
2h ago from RacingNews365.com
