News Details

Manor F1 team has buyout offer

An offer to buy the Manor Formula 1 team has been made but the bidder requires an answer before Friday. Just Racing Services Ltd, the company that operates Manor, went into administration last week after talks to find an investor broke down. It is believed the administrators FRP Advisory LLP are talking to interested parties, with one making an offer. According to Motorsport.com's sister publication Autosport, the offer is for all three Manor companies - Just Racing Services Ltd, Just Racing Ltd and Manor Grand Prix Racing Ltd. Just Racing Ltd, the holding company of Manor, and Manor Grand Prix Racing Ltd, the F1 and FOM licence holder, are not in administration. The bidder believes that to...
Full Story »
8y ago from Motorsport.com 0
Share

You May Also Be Interested In...

Manor staff to be paid to the end of Jan

Administrators of the Manor Formula One team are still talking to...
8y ago from SuperSport.com

Manor F1 staff to be paid to the end of January

Administrators of the Manor Formula One team are still talking to...
8y ago from GrandPrix247.com

Time running out for Manor survival

The clock is ticking for Manor F1 Team with about a week left for...
8y ago from GrandPrix247.com

Manor facing January 20 deadline to find investor

The Manor F1 team's hopes of competing in the Formula 1 season opener in...
8y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

‘Progression’ name of the game as Kyffin Simpson...

Kyffin Simpson is competing in his sophomore year in the NTT IndyCar...

Severe weather disrupts IndyCar practice from Iowa

A round of severe weather has delayed the first practice session for the...
19h ago from MotorsportWeek.c...

Will Power’s contract decision on hold due to Team...

Will Power’s contract with Team Penske is up at the end of this season,...
22h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

'I'm at the same table as them' - Viktor Gyokeres...

Arsenal target Viktor Gyokeres has claimed that he is presently at the...
1h ago from SportsKeeda.com

'Great revenge' – Viktor Gyokeres sends fighting...

Sporting Lisbon striker Viktor Gyokeres has shown a clear sign of his...
5h ago from CaughtOffside.com

'Would pay' – Journalist claims Man United would...

Manchester United would reportedly be happy to pay the money Sporting...
2h ago from CaughtOffside.com

'The club needs to explain' – Arsenal legend...

Arsenal legend Sol Campbell has appeared to question the decision to sign...
4h ago from CaughtOffside.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.