News Details
Manor staff retained until end of January
Manor administrators give fresh hope as staff will be paid until end of the month. Despite claims that Manor had until January 20th to find a buyer, administrators FRP Advisory LLP have revealed that staff are being paid until the end of the month having discovered some extra money while doing the team's account. The law states that administrators have 14 days from the date they are appointed before they become liable themselves for salaries and other expenses - hence the January 20th deadline - but the discovery of the 'missing' funds means the deadline has been extended. 'They felt there was sufficient funding to pay the cost base to the end of the month,' said a spokesman for the...
Full Story »
Full Story »
9y ago from Pitpass.com
0
You May Also Be Interested In...
Manor staff to be paid to the end of Jan
Administrators of the Manor Formula One team are still talking to...
9y ago from SuperSport.com
Manor: Chances of saving F1 team receive boost as...
Attempts to save the Manor team have been boosted by a decision to keep...
9y ago from BBC.co.uk
Manor F1 team goes into administration
The company that operates the Manor Formula 1 team has gone into...
9y ago from Motorsport.com
Manor F1's staff told to find new jobs as team enter...
Manor Formula 1 team's staff have been told to find new jobs following...
9y ago from F1Hub.net
Elsewhere On The Network
Popular On MGPToday.com
Why Aprilia boss is "disappointed" about not...
No description available...
16h ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
1d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
2d ago from Motorsport.com
Yamaha admits 2026 MotoGP performance will decide...
Yamaha knows it must deliver a more competitive 2026 MotoGP bike to...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar penalizes Abel Motorsports for rig testing
No description available...
12h ago from Motorsport.com
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
18h ago from MotorsportWeek.c...
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
20h ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
19h ago from Motorsport.com
Popular On TotalWRC.com
WRC Monte Carlo: Oliver Solberg moves clear of the...
No description available...
11h ago from Motorsport.com
Solberg sensational in the snow (and slush, and rain)
Oliver Solberg and Elliot Edmondson, making their debut as full-time...
14h ago from MotorsportWeek.c...
FIA offers update on new WRC commercial rights holder...
No description available...
15h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
19h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal star linked with surprise mid-season transfer...
Arsenal midfielder Christian Norgaard could reportedly be on the move...
26m ago from SportsKeeda.com
‘It's a challenge’ | Carrick urges Man Utd to...
Manchester United head coach Michael Carrick says he is embracing the...
26m ago from SkySports.com
Arsenal hold talks to discuss move to sign...
Arsenal are investigating a move for former Manchester City star Julian...
2h ago from SportsKeeda.com
Arsenal and Man United exploring move for...
Arsenal and Manchester United are reportedly exploring a potential move...
10h ago from CaughtOffside.com
Comments
Hottest News
Carlos Sainz and Alex Albon offer response to Williams F1...
It is a far from ideal start to 2026 for Carlos... Read More »
36m ago from RacingNews365.com
Could Lewis Hamilton miss Chinese GP? F1 clash revealed
Seven-time F1 world champion Lewis Hamilton is... Read More »
56m ago from GPFans.com
Flavio Briatore believes Alpine will be competitive in 2026...
Alpine launched their new Formula 1 car on a... Read More »
56m ago from GrandPrix247.com
