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FIA refunds Manor's entry fee 'as a gesture of goodwill'
The FIA has refunded Manor's entry fee for the 2017 Formula 1 season after it went into administration and was therefore unable to take part in the season. The outfit collapsed at the end of the 2016 season, but with the deadline to pay entry fees many months in advance, Manor, with the intention that it would race in 2017 amid discussions with several backers – all of which came to nothing – meant the team forked out $521,289 (£394,000) to register its entry. The FIA has confirmed that as a 'gesture of goodwill' to help parent company 'Just Racing Services Limited' pay its debtors, many of whom are former employees and suppliers, it has refunded that fee....
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8y ago from MotorsportWeek.com
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