News Details
Manor takes another step to salvation
Manor, the reborn Marussia team, took a step back from administration on Thursday. We reported earlier that the ailing backmarker's administrators would on Thursday issue a statement confirming that a restructuring process (CVA) agreed with creditors is now in place. Indeed, the statement was issued to the media at 3pm UK. "With new investment and a continuity of the respected management, the business has the ideal platform from which it can accelerate the operational rebuilding already under way to get a team back racing," said administrator Geoff Rowley. Manor is now in a race against time to be ready for Melbourne. Although it was believed the team could sit out the opening...
Full Story »
Full Story »
10y ago from GrandPrix.com
0
You May Also Be Interested In...
Manor Grand Prix exits administration
Getty Images Enlarge Manor Grand Prix, the team formerly known as...
10y ago from espnF1.com
Marussia creditors approve exit from administration
The former Marussia Formula One team moved a step closer to returning to...
10y ago from GrandPrix247.com
Marussia-Manor exits administration
+ Manor’s chances of racing in Formula 1 this season received a boost on...
10y ago from RichlandF1.com
Manor on track to exit administration
Manor's administrators are expected to issue a statement on Thursday...
10y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Brazil replaces Argentina as 2026 MotoGP calendar...
The 2026 MotoGP calendar has officially been released and the new season...
15h ago from MotorsportWeek.c...
Brazilian GP replaces Argentina in 2026 MotoGP calendar
No description available...
16h ago from Motorsport.com
Motegi remains on MotoGP calendar through 2030
MotoGP has officially confirmed that the Japanese Grand Prix at Motegi...
1d ago from MotorsportWeek.c...
MotoGP constructors push for F1-style ‘Concorde...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Arrow McLaren set to move into new race facility in...
Arrow McLaren has officially taken ownership of what will be its new...
14h ago from MotorsportWeek.c...
Arrow McLaren expands IndyCar operations with new...
No description available...
14h ago from Motorsport.com
Why Rinus VeeKay believes there's more to come after...
No description available...
2d ago from Motorsport.com
The Winners and Losers of IndyCar’s 2025 Indy Toronto
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
6d ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
3d ago from Motorsport.com
Oliver Solberg stuns with maiden WRC victory in Estonia
Oliver Solberg and Elliot Edmondson stunned the WRC elite with a...
4d ago from MotorsportWeek.c...
How the WRC service park reacted to Oliver Solberg's...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Mosquera signs, Rice talks
Morning, happy Friday folks. Arsenal yesterday officially announced the...
2h ago from Arseblog.com
Official: Arsenal confirm the signing of 21-year-old...
Arsenal have officially completed the signing of Cristhian Mosquera from...
3h ago from FreshArsenal.com
Alexander Isak open to leaving Newcastle with...
t;li>Striker not in squad for pre-season friendlies in AsiaCristhian...
7h ago from TheGuardian.com
'His professional and human conduct was reprehensible'...
Football coach and pundit Laurindo Filho has lambasted Arsenal-bound...
11h ago from SportsKeeda.com
Comments
Hottest News
Start time for the 2025 F1 Belgian GP sprint qualifying...
On Friday, July 25th, sprint qualifying for the... Read More »
44m ago from RacingNews365.com
Red Bull reveal HIDDEN detail on Max Verstappen's car
Red Bull have revealed Max Verstappen's car will... Read More »
7h ago from GPFans.com
Toto Wolff announces shock Max Verstappen driver decision...
Mercedes F1 boss Toto Wolff has addressed growing... Read More »
17h ago from GPFans.com