News Details
Manor F1 team facing administration ahead of 2017 season
The Manor Formula 1 team is reportedly nearing collapse ahead of the 2017 season as talks with potential investors have broken down. The team, which was rescued from bankruptcy by Ovo Energy owner Stephen Fitzpatrick in 2014, has been searching for investment and talks with two interested parties begun last year. American investment led by Tavo Hellmund came close to doing a deal in November, but it's believed Fitzpatrick refused to meet the valuation set out by Hellund and his team, whilst a second offer from an unknown consortium is also believed to have fallen through recently. That has left the team in a precarious financial position and Sky News reports that Just Racing...
Full Story »
Full Story »
8y ago from GrandPrixTimes.com
0
You May Also Be Interested In...
'Manor F1 team lines up administrator'
– Manor is on the brink of collapsing into administration ahead of...
8y ago from GPUpdate.net
Manor on brink of administration
The Manor Formula 1 team is on the brink of collapsing into...
8y ago from SkySports.com
Rio Haryanto's mother says he won't be racing in...
Rio Haryanto won't be racing in Formula 1 in 2017 according to his...
8y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
Honda test rider Takaaki Nakagami to replace Luca...
Honda test rider Takaaki Nakagami has been announced as a replacement for...
19h ago from MotorsportWeek.c...
Pirelli to hold first MotoGP test in Misano with test...
No description available...
1d ago from Motorsport.com
Watch: Motorsport takes a ride in the MotoGP safety car
No description available...
1d ago from Motorsport.com
Why Marc Marquez stressed his Ducati is identical to...
No description available...
5d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar breaks 1 million US TV viewers for third...
The NTT IndyCar Series is nearly through the first year with its new...
10h ago from MotorsportWeek.c...
After first oval win, does Kyle Kirkwood see himself...
No description available...
9h ago from Motorsport.com
Christian Rasmussen "not surprised" to earn...
No description available...
14h ago from Motorsport.com
Video: Harrowing crash takes out Josef Newgarden,...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
4d ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
1w ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
‘I wouldn't be surprised' – Pundit tips...
Liverpool attacker Darwin Nunez is widely expected to leave the club this...
30m ago from CaughtOffside.com
Revealed: Arsenal & Aston Villa show interest in...
Arsenal and Aston Villa are among the clubs to have made checks on the...
1h ago from CaughtOffside.com
Back from holidays : Plates : Fixtures : Coaches
Hello again! I'm back from Barcelona, and I had a very nice time in a city...
40m ago from Arseblog.com
Talks held: Arsenal have been pursuing ambitious 90m...
Arsenal have reportedly been pursuing an ambitious potential transfer move...
2h ago from CaughtOffside.com
Comments
Hottest News
Ferrari DISQUALIFIED as late investigation verdict...
Ferrari have been dealt a devastating late... Read More »
20m ago from GPFans.com
F1 News Today: Horner future labelled uncertain as Aston...
Red Bull’s team principal Christian Horner has... Read More »
2h ago from GPFans.com
Red Bull chief Christian Horner tipped for seismic F1 team...
Red Bull’s team principal Christian Horner has... Read More »
15h ago from GPFans.com
