News Details

Finger lickin' good glimmer of hope for Manor

The demise of Manor grabbed headlines in recent weeks but now a report has emerged suggesting that there is still a glimmer of hope for the beleaguered Formula 1 team. Turun Sanomat are reporting that an Indonesian group are considering a last minute bid to buy the bankrupt team and ensure it is on the F1 grid for the season opening Australian Grand Prix, in Melbourne on 26 March. Ricardo Gelael, father of Indonesian GP2 driver Sean Gelael and boss of Jagonya Ayam who own the KFC franchise in Indonesia, is looking to buy the team. However the report claims that the deal stumbled when a batch of Manor's hidden debts surfaced but, despite this setback, the option remains for Gelael to...
Full Story »
7y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Manor collapse is F1 reality check for Liberty Media

Formula One reported total revenue of $1.7 billion in 2015, and gross...
7y ago from GrandPrix247.com

Manor F1 Team Shuts Down Officially

Only ten teams will make it to the grid as the 2017 season begins in...
7y ago from ThisIsF1.com

The 2017 Manor Racing MRT 02

With the depressing news emerging this afternoon that Just Racing, the...
7y ago from JWGrandPrix.com

RIP: Manor F1 team

F1 News RIP: Manor F1 team F1's new commercial boss reveals 4-point plan...
7y ago from Formula1Blog.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar Barber – Qualifying Results

The fight for pole came down to the very final corner of the 15-turn...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal's Bukayo Saka out to emulate Ian Wright feat...

Arsenal winger Bukayo Saka could match a 30-year-old feat last achieved by...
5h ago from SportsMole.co.uk

Comments

Hottest News

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.