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Manor facing January 20 deadline to find investor
The Manor F1 team's hopes of competing in the Formula 1 season opener in Australia are fading, with sources indicating that the outfit has a week left to find a buyer. Just Racing Services Ltd, the company that operates Manor, went into administration last week as the team failed to find an investor that would secure its future. While the team is it pursuing all possible avenues to secure its future, time is running out. Despite the financial situation, the 2017 car is ready to go into production at its Banbury headquarters. However, with the team being in administration, production of the parts cannot start as the administrator has blocked all extra expenditure in order to protect...
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8y ago from Motorsport.com
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