News Details

Hope for Manor survival as talks progress

Staff at Manor have been told administrators have made progress in talks with possible investors that could lead to the team's survival. The F1 team went into administration on January 6 and will collapse if a buyer is not found. Administrators FRP Advisory said they had "the start of the season firmly in mind" as they seek to secure funding. Manor need more than £500,000 to be able take part in pre-season testing and prepare for the first race. Insiders say the hope is that money can be sourced before a deadline at the end of next week. Manor's future looked bleak at the start of this week but prospects have improved considerably over the last few days, BBC Sport has...
Full Story »
9y ago from BBC.co.uk 0
Share

You May Also Be Interested In...

Manor staff retained until end of January

Manor administrators give fresh hope as staff will be paid until end of...
9y ago from Pitpass.com

Manor in talks with Asian buyers

Manor have reportedly re-entered talks with an Asian consortium in the...
9y ago from PlanetF1.com

Money available to pay Manor F1 team staff until end...

The administrators working on behalf of Manor Racing MRT’s parent...

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

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...
14h ago from MotorsportWeek.c...

McLaren wins contract breach suit against Alex Palou

McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
16h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Solberg sensational in the snow (and slush, and rain)

Oliver Solberg and Elliot Edmondson, making their debut as full-time...
10h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Arsenal and Man United exploring move for...

Arsenal and Manchester United are reportedly exploring a potential move...
7h ago from CaughtOffside.com

Mikel Arteta tells these Arsenal players 'they have to...

Arsenal manager Mikel Arteta has explained that his bigger squad this...
6h ago from CaughtOffside.com

Carrick's Man Utd aiming to 'prove' themselves as...

Manchester United head coach Michael Carrick is relishing the opportunity...
6h ago from SkySports.com

Arsenal boss Mikel Arteta addresses 'best in the...

Arsenal manager Mikel Arteta has dismissed suggestions from Pep Guardiola...
7h ago from SportsKeeda.com

Comments

Hottest News

Adrian Newey 'furious' about latest FIA ruling

F1 design legend Adrian Newey has reportedly been... Read More »
8h ago from GPFans.com

Ferrari to 'raid McLaren' after Lewis Hamilton switch

Lewis Hamilton will have a new race engineer in... Read More »
9h ago from GPFans.com

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.