News Details

Brazil result, investor reneging likely to end Manor's F1 run

Manor Racing is unlikely to compete in the 2017 Formula One season after its operating company went into administration following the team's failure to secure investors and losing a place in the constructors' championship. Just Racing Services Ltd, which runs the team, has been appointed a joint administrator in FRP Advisory LLP, a specialist restructuring and insolvency services firm to oversee the process. Having failed to secure an investor for 2017, despite talks with several potential investors over the last few months, the team was faced with no other option but to end the operation. Terms of a sale were agreed with an Asian investment consortium last month but that failed to...
Full Story »
4mo ago from F1Pulse.com 0
Share

You May Also Be Interested In...

Manor F1 team goes into administration

– In the wake of media speculation, it has been announced that the...
4mo ago from GPUpdate.net

Stephen Fitzpatrick says loss of tenth place to Sauber...

Manor F1 team owner Stephen Fitzpatrick has said the loss of tenth place...
4mo ago from GrandPrixTimes.com

Manor's fate sealed by Brazilian GP blow, says...

Manor owner Stephen Fitzpatrick says the fate of his Formula 1 team was...
4mo ago from Motorsport.com

Manor goes into administration

The Manor F1 Team is on the brink of collapse, as the team has now...
4mo ago from F1Technical.net

Elsewhere On The Network

Popular On MGPToday.com

Hayden's funeral to take place on Monday

– Nicky Hayden's funeral will be held in his home town of...
2d ago from GPUpdate.net

Rossi taken to hospital after motocross crash

Rossi crashed while training on his motocrosser and was taken to Rimini...
4d ago from BikeSportNews.com

Rossi to continue his recovery at home

amaha rider Valentino Rossi has been discharged from hospital, following...
3d ago from GPUpdate.net

No further medical complications for Rossi

– Yamaha says Valentino Rossi is making "positive...
3d ago from GPUpdate.net

Popular On IndyCarToday.com

Takuma Sato is a popular Indy 500 winner

Speedcafe.com's IndyCar expert John Oreovicz on why Takuma Sato's...
3h ago from SpeedCafe.com

Video of the Day: 101st Indy 500 highlights

Watch highlights of the 101st Indianapolis 500, won by Takuma Sato, as his...
2h ago from GPUpdate.net

Dixon in doubt for Detroit after huge Indy shunt

Scott Dixon has cast doubt over his fitness to race in this weekend’s...
4h ago from SpeedCafe.com

Sato bathing in respect from peers after 500 win

Sebastien Bourdais wasn't exactly sure how he was regarded by his fellow...
12h ago from Racer.com

Popular On TotalWRC.com

Sainz rolls back the years

Sainz rolls back the years Rallying legend Carlos Sainz turned back the...
3d ago from WRC.com

Østberg tops Fafe jumpers

Østberg tops Fafe jumpers High-flying Mads Østberg was king of the...
1d ago from WRC.com

Carlos Sainz drives Rally Portugal's Fafe stage with...

Two-time World Rally Champion Spaniard back at the wheel of a rally car on...

Lappi positive after Portugal points

Finn rounds off successful World Rally Car debut with Power Stage points
3d ago from WRC.com

Popular On GunnersToday.com

Arsenal put huge combined £30m-a-season contracts on...

Arsenal are reportedly set to make one last push to tie up new contracts...
1h ago from CaughtOffside.com

Arsene Wenger wasted a great chance at Arsenal… this...

That is the damning assessment of Gunners legend Ian Wright. Arsenal...
2h ago from Express.co.uk

Alexis Sanchez and Mesut Ozil’s £30m Arsenal...

Mesut Ozil and Alexis Sanchez are out of contract next summer and as of...
8h ago from Express.co.uk

Antoine Griezmann to Manchester United: Stan Collymore...

That is the brutal verdict of Stan Collymore. Atletico Madrid striker...
9h ago from Express.co.uk

Comments

Hottest News

Hamilton: Title war not over

Lewis Hamilton has insisted "the war is not... Read More »
1h ago from SkySports.com

Mercedes: We are the underdogs

Not long ago it used to be a case of guessing the... Read More »
51m ago from GrandPrix247.com

'Ferrari have cold war brewing'

Ferrari have a "potential cold war"... Read More »
20h ago from SkySports.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.