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Manor administrator in talks

Manor's administrators has reopened talks with the Asian consortium previously interested in buying the Formula 1 team, Sky sources understand. FRP Advisory has also received a number of other enquiries since being appointed as the administrator for the company which operates the team on January 6. It is also understood staff will be paid for January. The administrator was unavailable for comment. Manor enter administration The Banbury-based team are faced with a fight for survival ahead of the 2017 after administrators were called in for the second time in three years. Owner Stephen Fitzpatrick, who rescued the team from collapse two years ago, confirmed he had agreed the terms of a sale...
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8y ago from SkySports.com 0
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