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 three races...
Full Story »
Full Story »
11y ago from ThisIsF1.com
0
You May Also Be Interested In...
Marussia creditors approve exit from administration
The former Marussia Formula One team moved a step closer to returning to...
11y ago from GrandPrix247.com
Manor to exit administration within days - FRP
Manor received a boost on Thursday as administrators FRP Advisory...
11y ago from GrandPrixTimes.com
Manor pays F1 2015 entry fee, FIA leaves door open –...
Manor, formerly known as Marussia, is plotting its course for a 2015...
11y ago from ThisIsF1.com
Manor takes another step to salvation
Manor, the reborn Marussia team, took a step back from administration on...
11y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Brazilian GP: Marc Marquez scores comeback win...
No description available...
5h ago from Motorsport.com
Marc Marquez: Brazil GP sprint would have been...
No description available...
3h ago from Motorsport.com
Marc Marquez takes victory in first-ever Brazilian...
Marc Marquez claimed his first Sprint victory of the season in the...
5h ago from MotorsportWeek.c...
MotoGP Brazilian GP: Fabio di Giannantonio takes pole...
No description available...
10h ago from Motorsport.com
Popular On IndyCarToday.com
Legacy Grand Prix of Long Beach promoter Jim...
No description available...
2h ago from Motorsport.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
4d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
4d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
16h ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
20h ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
20h ago from Motorsport.com
Takamoto Katsuta breaks down in tears after...
No description available...
20h ago from Motorsport.com
Popular On GunnersToday.com
‘We enjoy it’: Gabriel relishing Carabao Cup final...
der of Arsenal’s defence ‘gives everything for the badge’ and hopes...
3h ago from TheGuardian.com
Why this Carabao Cup final matters like never before
This Sunday sees a Carabao Cup final like never before. This is the first...
3h ago from SkySports.com
Master and apprentice reunite at Wembley with more...
ld an Arsenal win in Sunday’s Carabao Cup final begin the passing of the...
3h ago from TheGuardian.com
Comments
Hottest News
Kimi Antonelli says taking part in an endurance race with...
Kimi Antonelli revealed his ambition to one day... Read More »
3h ago from GrandPrix247.com
BREAKING: Max Verstappen stripped of Nordschleife victory...
Big news from the Nordschleife on Max... Read More »
6h ago from RacingNews365.com
Max Verstappen disqualified from Nurburgring race hours...
Four-time F1 champion Max Verstappen has been... Read More »
5h ago from GPFans.com
