News Details
Manor F1 team facing administration ahead of 2017 season
The Manor Formula 1 team is reportedly nearing collapse ahead of the 2017 season as talks with potential investors have broken down. The team, which was rescued from bankruptcy by Ovo Energy owner Stephen Fitzpatrick in 2014, has been searching for investment and talks with two interested parties begun last year. American investment led by Tavo Hellmund came close to doing a deal in November, but it's believed Fitzpatrick refused to meet the valuation set out by Hellund and his team, whilst a second offer from an unknown consortium is also believed to have fallen through recently. That has left the team in a precarious financial position and Sky News reports that Just Racing...
Full Story »
Full Story »
8y ago from GrandPrixTimes.com
0
You May Also Be Interested In...
'Manor F1 team lines up administrator'
– Manor is on the brink of collapsing into administration ahead of...
8y ago from GPUpdate.net
Manor on brink of administration
The Manor Formula 1 team is on the brink of collapsing into...
8y ago from SkySports.com
Rio Haryanto's mother says he won't be racing in...
Rio Haryanto won't be racing in Formula 1 in 2017 according to his...
8y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
Pramac MotoGP boss shares what ‘surprised’ him...
Pramac MotoGP Team Manager Gino Borsoi revealed that he was “quite...
13h ago from MotorsportWeek.c...
Rain spoils debut of Honda’s 850cc engine in Sepang...
No description available...
17h ago from Motorsport.com
Brad Binder admits he “can do a lot better” after...
No description available...
13h ago from Motorsport.com
Davide Tardozzi dismisses “absurd” rumours about...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
3d ago from MotorsportWeek.c...
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
4d ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
11h ago from Motorsport.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
3d ago from MotorsportWeek.c...
Toyota brings Corolla back to rallying with all-new...
No description available...
4d ago from Motorsport.com
Romet Jürgenson to compete in opening three WRC2...
The rising Estonian talent is joined by co-driver Siim Oja and start...
3d ago from MotorsportWeek.c...
Popular On GunnersToday.com
'He's been a ghost lately', 'Unreal how mid he is' -...
Arsenal fans on X are tearing into Eberechi Eze for his performance during...
3h ago from SportsKeeda.com
Every penalty from Arsenal v Crystal Palace shootout!
Every penalty from the quarter-final shootout between Arsenal and Crystal...
4h ago from SkySports.com
Arsenal finally make breakthrough forcing own-goal...
After a multiple of Arsenal attempts to try and direct the ball goalwards...
5h ago from SkySports.com
Arsenal and Chelsea set to battle it out for...
Arsenal and Chelsea are reportedly interested in signing the Marseille...
4h ago from CaughtOffside.com
Comments
Hottest News
F1 MATHS: The new terms fans need to get used to in 2026
Ahead of Formula One's major technical overhaul... Read More »
3h ago from F1Technical.net
How Max Verstappen avoided paying massive bill at the F1...
Max Verstappen revealed how he got away with not... Read More »
6h ago from GPFans.com
Red Bull F1 chief has role ‘terminated' days...
Former Red Bull F1 chief Helmut Marko has been... Read More »
5h ago from GPFans.com
