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Manor Racing enter administration and are on brink of collapse

Manor Racing have gone into administration and will collapse without new investment. A source close to the team told BBC Sport that staff were informed of the development on Friday. Manor, who finished 11th and last in the championship last season, have been in talks with new investors but no deal has yet been concluded. Manor and owner Stephen Fitzpatrick were unavailable for comment. More to follow.
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8y ago from BBC.co.uk 0
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