News Details
Manor fails to find buyer, ceases trading
– Just Racing Services Limited, the operating company of the Manor Formula 1 team, has ceased trading, with staff, who will be paid to the end of the month, sent home, administrators have confirmed.Manor, following failed investment talks, fell into administration earlier this month, with owner Stephen Fitzpatrick admitting that losing 10th in the 2016 standings was a major blow to the outfit's future.FRP Advisory and Manor senior management continued to work toward a rescue deal, which resulted in talks with "a number of interested parties", and secured staff funding through January.However, sufficient investment for the upcoming Formula 1 season could not be sourced, and...
Full Story »
Full Story »
9y ago from GPUpdate.net
0
You May Also Be Interested In...
Plenty talk but no action as time running out for Manor
Administrators for the Manor Formula One team say talks with interested...
9y ago from GrandPrix247.com
Manor F1 talks ongoing but money needed
Administrators for the Manor Formula One team say talks with interested...
9y ago from SuperSport.com
Hope for Manor survival as talks progress
Staff at Manor have been told administrators have made progress in talks...
9y ago from BBC.co.uk
Elsewhere On The Network
Popular On MGPToday.com
2027 MotoGP bikes may not be slower at half the...
No description available...
4h ago from Motorsport.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
4h ago from MotorsportWeek.c...
VR46 approached by Aprilia for 2027 but new Ducati...
No description available...
1d ago from Motorsport.com
Jerez hosts three days of private MotoGP testing with...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Winners and losers from an action-packed IndyCar race...
No description available...
22h ago from Motorsport.com
IndyCar reveals track design for Washington D.C. event
IndyCar has revealed the track design for the newly-added event in...
1d ago from MotorsportWeek.c...
Washington D.C. IndyCar track layout and event logo...
No description available...
1d ago from Motorsport.com
David Malukas’ Penske poise earns accolades from...
After just two races with Team Penske under his belt, David Malukas is...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hankook introduces new WRC tyre at Safari Rally Kenya
No description available...
27m ago from Motorsport.com
Toyota tips Hyundai to fight back in WRC 2026
No description available...
23h ago from Motorsport.com
Hyundai's WRC upgrade plan to close the gap to Toyota
No description available...
1d ago from Motorsport.com
Why Hyundai WRC team is "working at 120 per...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Bid prepared: Arsenal considering move for contract...
Arsenal are reportedly considering a summer transfer window move for...
1h ago from CaughtOffside.com
'He's out' – Arteta confirms key Arsenal star...
Arsenal’s quest for a maiden European crown faces a significant hurdle...
4h ago from CaughtOffside.com
U-turn: Report reveals surprise outcome of recent...
Arsenal may reportedly have cooled their interest in the potential...
8h ago from CaughtOffside.com
The big boys are back for Leverkusen trip
Morning all. We're in Champions League action this evening, taking on...
7h ago from Arseblog.com
Comments
Hottest News
Winner announced in inaugural junior motorsport competition
The winner of the competition has been announced,... Read More »
47m ago from RacingNews365.com
Toto Wolff responds to McLaren's Mercedes complaint and...
Toto Wolff has hit back at its F1 rivals who rely... Read More »
6h ago from GPFans.com
Norris downplays Mercedes win, insists Ferrari ‘have the...
Reigning F1 world champion Lando Norris has... Read More »
3h ago from F1i.com
