News Details
Hope for Manor survival as talks progress
Staff at Manor have been told administrators have made progress in talks with possible investors that could lead to the team's survival. The F1 team went into administration on January 6 and will collapse if a buyer is not found. Administrators FRP Advisory said they had "the start of the season firmly in mind" as they seek to secure funding. Manor need more than £500,000 to be able take part in pre-season testing and prepare for the first race. Insiders say the hope is that money can be sourced before a deadline at the end of next week. Manor's future looked bleak at the start of this week but prospects have improved considerably over the last few days, BBC Sport has...
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