News Details
Manor takes another step to salvation
Manor, the reborn Marussia team, took a step back from administration on Thursday. We reported earlier that the ailing backmarker's administrators would on Thursday issue a statement confirming that a restructuring process (CVA) agreed with creditors is now in place. Indeed, the statement was issued to the media at 3pm UK. "With new investment and a continuity of the respected management, the business has the ideal platform from which it can accelerate the operational rebuilding already under way to get a team back racing," said administrator Geoff Rowley. Manor is now in a race against time to be ready for Melbourne. Although it was believed the team could sit out the opening...
Full Story »
Full Story »
10y ago from GrandPrix.com
0
You May Also Be Interested In...
Manor Grand Prix exits administration
Getty Images Enlarge Manor Grand Prix, the team formerly known as...
10y ago from espnF1.com
Marussia creditors approve exit from administration
The former Marussia Formula One team moved a step closer to returning to...
10y ago from GrandPrix247.com
Marussia-Manor exits administration
+ Manor’s chances of racing in Formula 1 this season received a boost on...
10y ago from RichlandF1.com
Manor on track to exit administration
Manor's administrators are expected to issue a statement on Thursday...
10y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
1d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
1d ago from Motorsport.com
Yamaha admits 2026 MotoGP performance will decide...
Yamaha knows it must deliver a more competitive 2026 MotoGP bike to...
2d ago from MotorsportWeek.c...
Trackhouse Aprilia launches two liveries ahead of 2026...
Trackhouse Aprilia satellite team has launched its two new liveries in...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
3h ago from MotorsportWeek.c...
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
1h ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
2h ago from Motorsport.com
Ed Carpenter Racing reveals multiple organizational...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
2h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg takes early lead...
No description available...
17h ago from Motorsport.com
The headaches facing WRC crews ahead of a ‘proper...
No description available...
1d ago from Motorsport.com
Can Lancia enjoy success on its anticipated WRC return?
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'I don't have any doubts about that' - Pep Guardiola...
Manchester City boss Pep Guardiola hopes that his side can catch Arsenal...
44m ago from SportsKeeda.com
Report: Arsenal enquire about blockbuster transfer,...
Arsenal have reportedly made some initial informal enquiries over the...
14m ago from CaughtOffside.com
'Thrown to the sharks' - Arsenal teenager Nwaneri...
Arsenal midfielder Ethan Nwaneri has completed a loan deal to Marseille...
1h ago from SkySports.com
Cristiano Ronaldo's Al-Nassr seen as genuine candidate...
Cristiano Ronaldo-led Al-Nassr are reportedly interested in signing...
2h ago from SportsKeeda.com
Comments
Hottest News
Ferrari F1 2026 car makes track debut - watch
Lewis Hamilton has given the new Ferrari SF-26... Read More »
4h ago from RacingNews365.com
Breaking: McLaren handed multi-million dollar payout after...
McLaren was suing IndyCar driver Alex Palou for... Read More »
3h ago from RacingNews365.com
Meet Ferrari's striking 2026 Formula 1 car, the SF-26
Scuderia Ferrari have revealed their 2026 Formula... Read More »
5h ago from GrandPrix247.com
