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Manor 'making progress' with possible investors
XPB Images
Manor Racing says that it is making progress in its desperate search to find new investors to help it out of its latest financial crisis. The company that operates the race team was placed in the hands of administrators on January 6. Staff at Manor's base in Banbury, Oxfordshire have been told their jobs are safe until the end of this month, but some staff are reported to have already jumped ship and signed deals with rival teams Renault and Toro Rosso. On Friday, workers were told that the administrators FRP Advisory had made progress in talks with possible investors, which could lead to the team's survival. BBC Sport reports that "prospects have improved...
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