The administrators working on behalf of Manor Racing MRT’s parent company, Just Racing Services Ltd, have confirmed that funds are available to pay staff until the end of January. The team had been blocked from putting their 2017 car into production, with a veto on spending being enforced to protect creditors, but a spokesperson speaking on behalf of administrators FRP Advisory LLP, confirmed money was there to honour staff wages. “They felt there was sufficient funding to pay the cost base to the end of the month.' With the confirmation that salaries would be paid to the 212 staff members on Manor’s books this month, comes extra time and a better prospect of administrators being...
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