News Details
Manor Grand Prix exits administration
Getty Images Enlarge Manor Grand Prix, the team formerly known as Marussia, has taken an important step towards a return to the F1 grid after it exited administration on Thursday As planned by its administrators earlier this month, the company had a Company Voluntary Arrangement approved, which will see control handed back to the directors. Administrator Geoff Rowley said it is a crucial step as the team attempts to return to F1. "We are pleased that the financial restructuring of the Company has been progressed after creditor approval of the CVA," Rowley said. "With new investment and a continuity of the respected management, the business has the ideal platform from which...
Full Story »
Full Story »
11y ago from espnF1.com
0
You May Also Be Interested In...
Manor-Marussia out of administration
Manor has confirmed it is formally out of administration as it continues...
11y ago from Crash.net
Manor boosted by FIA's decision to delay entry list
The Manor F1 Team has been given a boost as it vows to return to the...
11y ago from GrandPrixTimes.com
Marussia becomes Manor and pays 2015 F1 fee
Manor, formerly known as Marussia, is plotting its course for a return to...
11y ago from GrandPrix247.com
Manor books FIA crash tests for early March
While Barcelona echoed to the sound of Formula 1 turbo V6 engines on...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
The issue that is holding Francesco Bagnaia back in...
No description available...
3h ago from Motorsport.com
Fabio Quartararo completes Honda switch for 2027...
Fabio Quartararo has signed a deal to join Honda for the 2027 MotoGP...
1d ago from MotorsportWeek.c...
Honda announces David Alonso to join MotoGP setup on...
Honda HRC has confirmed its signing of current Moto2 star David Alonso on...
1d ago from MotorsportWeek.c...
Honda signs David Alonso for 2027 without confirming...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou ‘not confident at all’ tire choice...
Alex Palou was the winner of Monday’s Music City Grand Prix, but he was...
17h ago from MotorsportWeek.c...
Winners and losers from the IndyCar race in Nashville
No description available...
20h ago from Motorsport.com
Mick Schumacher secures career-best IndyCar finish of...
No description available...
23h ago from Motorsport.com
“Give me one more,” David Malukas describes...
David Malukas crossed the line in Monday’s IndyCar race from Nashville...
19h ago from MotorsportWeek.c...
Popular On TotalWRC.com
The important lesson Oliver Solberg put into practice...
No description available...
2d ago from Motorsport.com
What a maiden WRC win in Estonia means to Sami Pajari
No description available...
2d ago from Motorsport.com
Sami Pajari and Marko Salminen triumph on Rally Estonia
The next generation of WRC stars continued to shine in Estonia as Sami...
3d ago from MotorsportWeek.c...
WRC Estonia: Sami Pajari claims sensational maiden WRC...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
'If there’s a 1 percent chance, Arsenal will move' -...
Journalist Ben Jacobs has opened up about Arsenal's reported pursuit of...
59m ago from SportsKeeda.com
After Morgan Rogers, another Arsenal transfer target...
Chelsea have confirmed the signing of Morgan Rogers and are now after...
1h ago from CaughtOffside.com
'Serious interest' in Arsenal star as surprise...
Arsenal attacking midfielder Martin Odegaard is reportedly attracting...
49m ago from CaughtOffside.com
Arsenal convinced £70m bid will land them key...
Arsenal continue to push to sign Bruno Guimaraes, despite being knocked...
1h ago from CaughtOffside.com
Comments
Hottest News
Audi F1 confirm reshuffle after shock team principal exit
A key member of the Audi F1 team has unpicked... Read More »
8h ago from GPFans.com
Colton Herta to get latest Cadillac F1 outing at Hungarian...
Colton Herta is to take part in his second FP1... Read More »
59m ago from RacingNews365.com
A rookie's brief moment of Formula 1 fame and glory
A genuine rookie leading on his Grand Prix debut... Read More »
2h ago from F1i.com
