After succumbing to the pitfalls of administration last week, it has been reported that an offer has been put forward to administrators FRP Advisory LLP to buy out Manor Racing MRT, but that is under the proviso that they can purchase all three companies that fall under the Manor umbrella. The Manor name consists of Just Racing Services Ltd, Just Racing Ltd and Manor Grand Prix Racing Ltd, with the latter two not included in the administration that befell Just Racing Services Ltd last week. According to motorsport.com, the potential party has also issued a deadline of January 20 for Manor to decide to take up the offer or not, in order to ensure there would be enough time to get the cars...
Full Story »