News Details
Manor has agreed terms with new investor
While Manor owner Stephen Fitzpatrick was willing to admit that after several months of discussions with various potential investors an agreement was finally forthcoming, he was unwilling to reveal the identity of the investor or whether it is a buy-in or a buy-out. 'I can't talk too much about the specifics but we have been in discussions with several investors, well, for the last six months let's say,' he told reporters in Abu Dhabi today. 'One of the things I was quite clear on, right from the start, was that I accepted that in the current F1, money equals performance, so anything that was going to bring more funding to the team and help the team develop and progress I was very open and...
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9y ago from Pitpass.com
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