News Details

'Unfortunately it seems Manor has gambled with its future in the sport' – Begbies Traynor

With Manor Racing MRT finishing the 2016 Formula 1 season in eleventh, Begbies Traynor (UK's largest professional services consultancy) is not surprised to hear that the team have entered administration on Friday. The troubled team were trying to find an investor to allow them to continue in F1 this season, but a deal has not been found to save them. Parent company Just Racing Services Ltd instructed FRP Advisory as the administrator. It was looking like Manor would finish 2016 in tenth, after Pascal Wehrlein scored his first point at the Austrian Grand Prix. They were knocked down to eleventh in the Constructors' Championship though, after Felipe Nasr finished in ninth at the Brazilian...
Full Story »
Share

You May Also Be Interested In...

Manor goes into administration

Formula One could shrink to 10 teams this season after Manor, the sport's...
1y ago from GrandPrix247.com

Manor Racing MRT enter administration

Manor Racing MRT have gone into administration, doubts have now surfaced...

Reports: Manor close to administration

The Manor Formula 1 team may not participate in the 2017 season and could...
1y ago from FormulaSpy.com

Manor F1 team goes into administration

The Formula One starting grid risks being reduced to 10 teams this season...
1y ago from SuperSport.com

Elsewhere On The Network

Popular On MGPToday.com

Jonas Folger withdraws from MotoGP season to focus on...

Jonas Folger has withdrawn from the entirety of the 2018 MotoGP season in...

Folger rules himself out of entire 2018 MotoGP season

After illness forced him out of the last part of 2017, Folger is taking...
2d ago from BikeSportNews.com

Final 2018 MotoGP Ducati not available for first races

Ducati MotoGP boss Gigi Dall'Igna says the finished GP18 will not appear...
4d ago from BikeSportNews.com

Dovizioso ‘clear' on Ducati's areas for...

Dovizioso is clear the MotoGP Ducati needs mid-corner speed to make it a...
3d ago from BikeSportNews.com

Popular On IndyCarToday.com

What are Patrick's real options for Daytona and Indy?

Danica Patrick's most viable prospects for landing a ride for Daytona and...
3h ago from Racer.com

Dan Gurney: All American Racer - Birth of AAR, Episode...

As we remember Dan Gurney, here is the second episode of a six-part 2014...
1h ago from Racer.com

IndyCar engine development agreement, new formula...

The Verizon IndyCar Series, Chevy, and Honda are close to developing the...
7h ago from Racer.com

Rahal, Sato eager to get reunion started

Takuma Sato will turn his first laps since returning to Rahal Letterman...
4h ago from Racer.com

Popular On TotalWRC.com

Tänak's title goal with Toyota

Estonian has high hopes in 2018
6h ago from WRC.com

Win a WRC Co-Drive Terms and Conditions

Terms and Conditions Win a Co-Drive
8h ago from WRC.com

WIN A WRC CO-DRIVE

WIN A WRC CO-DRIVE Experience a Ford Fiesta World Rally Car at Vodafone...
8h ago from WRC.com

Rallye Monte-Carlo 2018 Teaser Video

Teaser Rallye Monte-Carlo 2018
15h ago from WRC.com

Popular On GunnersToday.com

Dortmund still waiting on ‘concrete' offer for...

Borussia Dortmund are still waiting for a "concrete" offer for...
2h ago from SportsKeeda.com

Jurgen Klopp: Signing Alexis Sanchez 'makes sense'

Liverpool manager Jurgen Klopp has admitted that he can fully understand...
4h ago from SportsMole.co.uk

Why Aubameyang would be the perfect fit for Arsenal

Pierre Emerick Aubameyang has been one of Borrusia Dortmund's prized...
4h ago from SportsKeeda.com

‘One of most astute appointments in PL history'...

Jamie Carragher believes he has identified the perfect successor for...
4h ago from CaughtOffside.com

Comments

Hottest News

Jean Todt may soon have some bad news for Ferrari

FIA President Jean Todt is pondering whether... Read More »
6h ago from F1i.com

F1 teams put 80kg of weight behind their drivers for 2019

The Formula 1 Commission has voted favourably on... Read More »
5h ago from F1i.com

A striking livery for Alfa Romeo Sauber!

Designer Sean Bull worked his magic once again,... Read More »
12h ago from F1i.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.