News Details
Manor fails to find buyer, ceases trading
– Just Racing Services Limited, the operating company of the Manor Formula 1 team, has ceased trading, with staff, who will be paid to the end of the month, sent home, administrators have confirmed.Manor, following failed investment talks, fell into administration earlier this month, with owner Stephen Fitzpatrick admitting that losing 10th in the 2016 standings was a major blow to the outfit's future.FRP Advisory and Manor senior management continued to work toward a rescue deal, which resulted in talks with "a number of interested parties", and secured staff funding through January.However, sufficient investment for the upcoming Formula 1 season could not be sourced, and...
Full Story »
Full Story »
8y ago from GPUpdate.net
0
You May Also Be Interested In...
Plenty talk but no action as time running out for Manor
Administrators for the Manor Formula One team say talks with interested...
8y ago from GrandPrix247.com
Manor F1 talks ongoing but money needed
Administrators for the Manor Formula One team say talks with interested...
8y ago from SuperSport.com
Hope for Manor survival as talks progress
Staff at Manor have been told administrators have made progress in talks...
8y ago from BBC.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Former team boss Lin Jarvis definitively leaves Yamaha
No description available...
11h ago from Motorsport.com
Pedro Acosta: “Forgetting about the championship”...
No description available...
13h ago from Motorsport.com
Pramac MotoGP boss shares what ‘surprised’ him...
Pramac MotoGP Team Manager Gino Borsoi revealed that he was “quite...
1d ago from MotorsportWeek.c...
Rain spoils debut of Honda’s 850cc engine in Sepang...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
4d ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
10h ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
1d ago from Motorsport.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
4d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal join Tottenham & Chelsea in race for...
Arsenal, Tottenham and Chelsea remain interested in signing the Juventus...
7h ago from CaughtOffside.com
Arsenal plot surprise raid for 6ft 5in teen sensation...
Arsenal are interested in signing the AC Milan defender Davide...
7h ago from CaughtOffside.com
Arsenal conceding late goals is not a defence issue -...
Another fright before Christmas. Arsenal never seem to do it the easy way.
16h ago from SkySports.com
Arsenal 1-1 Crystal Palace (8-7 pens): Own goal, late...
Match report – Player ratings – Arteta reaction – Quotes...
18h ago from Arseblog.com
Comments
Hottest News
F1 Academy reveals where it will support Formula One in 2026
F1 Academy, the female-only, Formula-4 level... Read More »
1h ago from F1Technical.net
Honda detail 'intense' Adrian Newey conversations as Aston...
Adrian Newey knows all about Aston Martin's new... Read More »
9h ago from RacingNews365.com
Ferrari suggests that it could take some positives despite...
On the back of a disastrous season for the... Read More »
1h ago from F1Technical.net
