News Details
Manor goes into administration
Formula One could shrink to 10 teams this season after Manor, the sport's smallest and least successful outfit, went into administration on Friday with more than 200 jobs at risk.
The British-based team, who entered Formula One in 2010 and previously competed as Virgin and Marussia, are now in a race against time to find new investors to stave off collapse.
FRP Advisory LLP said in a statement they had been appointed administrators to the team's operating company Just Racing Services Ltd (JRSL).
Manor Grand Prix Racing Ltd, the sister company which holds the rights to participate in the championship, is not in administration.
'During recent months, the senior management team has worked...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Reports: Manor close to administration
The Manor Formula 1 team may not participate in the 2017 season and could...
8y ago from FormulaSpy.com
Manor F1 team goes into administration
– In the wake of media speculation, it has been announced that the...
8y ago from GPUpdate.net
Manor F1 team goes into administration
The Formula One starting grid risks being reduced to 10 teams this season...
8y ago from SuperSport.com
Elsewhere On The Network
Popular On MGPToday.com
Pirelli to hold first MotoGP test in Misano with test...
No description available...
15h ago from Motorsport.com
Watch: Motorsport takes a ride in the MotoGP safety car
No description available...
17h ago from Motorsport.com
Why Marc Marquez stressed his Ducati is identical to...
No description available...
4d ago from Motorsport.com
Takaaki Nakagami fills in for injured Luca Marini at...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Video: Harrowing crash takes out Josef Newgarden,...
No description available...
1d ago from Motorsport.com
Kirkwood relieved to be rid of ‘street course...
Until this weekend at World Wide Technology Raceway, all of Kyle...
13h ago from MotorsportWeek.c...
Rasmussen passes most cars in Sunday night’s IndyCar...
Christian Rasmussen put on a show for fans Sunday night, passing more...
17h ago from MotorsportWeek.c...
IndyCar Gateway – Race Results
The NTT IndyCar Series made a trip to the St. Louis area for the first...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
3d ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
6d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal give firm response after Euro giants...
Arsenal reportedly received an enquiry recently from AC Milan over the...
6m ago from CaughtOffside.com
19-year-old star ready to join Liverpool despite...
Ajax star Jorrel Hato is open to a move to Premier League champions...
9h ago from SportsKeeda.com
Arsenal dealt blow as multiple SPL sides, including...
As per reports, Arsenal are set to face stiff competition from Cristiano...
10h ago from SportsKeeda.com
Report: Arsenal have tabled biggest contract offer to...
Nico Williams is keeping the door open for a dream move to Barcelona, even...
13h ago from FreshArsenal.com
Comments
Hottest News
F1 News Today: Mercedes star hit by late FIA ruling as...
A Mercedes F1 star was one of seven drivers to be... Read More »
1h ago from GPFans.com
F1 champion changes mind on title favourite after...
Has the tide firmly turned in Oscar Piastri's... Read More »
1h ago from RacingNews365.com
Max Verstappen makes simple Red Bull demand to combat...
Max Verstappen feels one off weekend for McLaren... Read More »
1h ago from RacingNews365.com
