News Details
FIA refunds defunct Manor Team’s 2017 entry fee
The FIA has chosen to reimburse the defunct Manor Racing squad's 2017 entry fee. In a 'gesture of goodwill' from Formula 1's sporting body, the sum of $522,322 (£394,741) was refunded to the former team's parent company, Just Racing Services Limited, as a contribution towards the group's outstanding debts. Once the Just Racing Group went into administration in January, chief Stephen Fitzpatrick had no choice to withdraw Manor Racing's entry, despite a rescue bid for the team attracting interest from some 50 different investors, according to administrators. Ultimately, none appeared to have 'the cash resources to enable the company to return to solvency'. In a statement, the FIA told of...
Full Story »
Full Story »
6y ago from TheCheckeredFlag.co.uk
0
You May Also Be Interested In...
FIA refunds Manor's entry fee 'as a gesture of...
The FIA has refunded Manor's entry fee for the 2017 Formula 1 season...
6y ago from MotorsportWeek.com
FIA refunds Manor Racing for 2017 F1 entry fee
Formula 1’s governing body has refunded the entry fee paid a year ago...
6y ago from GrandPrix247.com
Manor's 2017 entry fee returned
The FIA have returned the entry fee paid by the now-defunct Manor team...
6y ago from PlanetF1.com
FIA returns Manor’s 2017 entry fee to remnants of F1...
The FIA has returned Manor Racing’s entry fee for the 2017 F1 World...
6y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha to test completely new MotoGP bike at Jerez
No description available...
15h ago from Motorsport.com
Raul Fernandez set to get 2024 Aprilia MotoGP bike at...
No description available...
18h ago from Motorsport.com
Quartararo: Marquez's Honda exit ‘woke a lot of...
Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...
1d ago from MotorsportWeek.c...
Could Acosta get a Verstappen-like mid-season...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
McLaughlin issues statement following St. Pete...
No description available...
5h ago from Motorsport.com
McLaughlin disputes IndyCar's claim that rules...
Scott McLaughlin was one of the two Team Penske IndyCar drivers that were...
5h ago from MotorsportWeek.c...
Full-time IndyCar move “an option” says supersub...
No description available...
8h ago from Motorsport.com
O’Ward retroactively given St. Pete win after Team...
The NTT IndyCar Series announced on Wednesday that all three Team Penske...
17h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ford simulator boosting M-Sport WRC Puma performances
No description available...
19h ago from Motorsport.com
Auction raises more than 50K for Craig Breen Foundation
No description available...
17h ago from Motorsport.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
2d ago from Motorsport.com
ERC star Sesks secures WRC Rally1 graduation with...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal in talks to sign ex-Bayern Munich attacker;...
No description available...
1h ago from SportsKeeda.com
Arsenal to compete with La Liga giants for midfielder...
Arsenal are keen on signing the Manchester City midfielder Bernardo Silva...
44m ago from CaughtOffside.com
Liverpool's defeat also a lesson for Arsenal +...
Morning all. I watched last night's Merseyside derby more in hope than...
44m ago from Arseblog.com
Arsenal Transfer News Roundup: Gunners not eyeing...
No description available...
1h ago from SportsKeeda.com
Comments
Hottest News
'Appeal in Horner case in progress and to be complete...
Christian Horner was acquitted by an independent... Read More »
54m ago from GPBlog.com
Blue Mist: Just how Azzurro will Ferrari be in Miami?
So, Ferrari will race with blue on its cars in... Read More »
44m ago from GrandPrix247.com
Parc Ferme: Surprised at Shanghai
I had high hopes for the Shanghai International... Read More »
44m ago from GrandPrix247.com