News Details

Hope for Manor survival as talks progress

Staff at Manor have been told administrators have made progress in talks with possible investors that could lead to the team's survival. The F1 team went into administration on January 6 and will collapse if a buyer is not found. Administrators FRP Advisory said they had "the start of the season firmly in mind" as they seek to secure funding. Manor need more than £500,000 to be able take part in pre-season testing and prepare for the first race. Insiders say the hope is that money can be sourced before a deadline at the end of next week. Manor's future looked bleak at the start of this week but prospects have improved considerably over the last few days, BBC Sport has...
Full Story »
8y ago from BBC.co.uk 0
Share

You May Also Be Interested In...

Manor staff retained until end of January

Manor administrators give fresh hope as staff will be paid until end of...
8y ago from Pitpass.com

Manor in talks with Asian buyers

Manor have reportedly re-entered talks with an Asian consortium in the...
8y ago from PlanetF1.com

Money available to pay Manor F1 team staff until end...

The administrators working on behalf of Manor Racing MRT’s parent...

Manor staff to be paid to the end of Jan

Administrators of the Manor Formula One team are still talking to...
8y ago from SuperSport.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Kirkwood relieved to be rid of ‘street course...

Until this weekend at World Wide Technology Raceway, all of Kyle...

Rasmussen passes most cars in Sunday night’s IndyCar...

Christian Rasmussen put on a show for fans Sunday night, passing more...

IndyCar Gateway – Race Results

The NTT IndyCar Series made a trip to the St. Louis area for the first...
17h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal dealt blow as multiple SPL sides, including...

As per reports, Arsenal are set to face stiff competition from Cristiano...
43m ago from SportsKeeda.com

'I’d be in his bed, I’d be in his front room' -...

Rio Ferdinand has urged Viktor Gyokeres to force a transfer away from...
2h ago from SportsKeeda.com

Report: Advanced talks for Arsenal and Milan to...

AC Milan are working on a deal to sign Oleksandr Zinchenko from Arsenal,...
4h ago from FreshArsenal.com

Report: Arsenal have tabled biggest contract offer to...

Nico Williams is keeping the door open for a dream move to Barcelona, even...
4h ago from FreshArsenal.com

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.