News Details

End of the road for Manor

The Manor Formula One team has ceased trading and a formal redundancy process for all 212 staff will start next week, administrators FRP Advisory said on Friday. The British-based team, last in the 2016 championship, was placed in administration earlier in January. 'It is deeply regrettable that the team has had to cease trading and close its doors,' said joint administrator Geoff Rowley in a statement. 'We shall initiate a formal redundancy process for all staff on Tuesday, once they have been paid for the full month of January.'
Full Story »
8y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Manor ceases trading after no buyer found

The Manor Formula 1 team has ceased trading, its administrators have...
8y ago from MotorsportWeek.com

Manor fails to find buyer, ceases trading

– Just Racing Services Limited, the operating company of the Manor...
8y ago from GPUpdate.net

Manor Formula One team ceases trading

The Manor Formula One team has ceased trading and a formal redundancy...
8y ago from SuperSport.com

Manor F1 team folds

The Manor F1 team have ceased trading after administrators failed to find...
8y ago from SkySports.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

How Palou can clinch his fourth IndyCar championship...

Alex Palou is the man of the moment in IndyCar, and currently holds a 121...

Colton Herta: IndyCar at Laguna Seca is a...

IndyCar’s latest visit to Laguna Seca produced rave reviews from...

Popular On TotalWRC.com

Popular On GunnersToday.com

Report: Arsenal have second bid rejected for forward,...

Arsenal are continuing their search for a new striker to add to the club...
3h ago from FreshArsenal.com

Arsenal handed double injury boost ahead of Premier...

Arsenal have been handed a double injury boost as they gear up for their...
6h ago from SportsKeeda.com

Liverpool interested in signing 20-year-old star...

Liverpool have been linked with a potential move for Arsenal target Jeremy...
9h ago from SportsKeeda.com

Report: Arsenal working to complete £20m deal with...

Arsenal have already made six summer signings and they could be set to...
8h ago from FreshArsenal.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.