News Details
Manor on brink of administration
The Manor Formula 1 team is on the brink of collapsing into administration, putting hundreds of jobs at risk. Sky News has learnt that the team, which has been bankrolled for the last two years by Stephen Fitzpatrick, an energy industry executive, is lining up FRP Advisory to act as the administrator. Efforts will continue to find a buyer to enable Manor to compete in the 2017 F1 world championship, but ongoing discussions with a number of prospective investors have so far failed to result in a deal. Sources said that staff at Manor's headquarters were expected to be informed about the developments later on Friday morning. Approximately 200 people work for the team. An insider said...
Full Story »
Full Story »
9y ago from SkySports.com
0
You May Also Be Interested In...
Rio Haryanto's mother says he won't be racing in...
Rio Haryanto won't be racing in Formula 1 in 2017 according to his...
9y ago from GrandPrixTimes.com
Silverstone considering pulling out of hosting British...
The British Grand Prix could fall off the Formula 1 calendar after 2019...
9y ago from GrandPrixTimes.com
Ryan: Manor proved it belongs in F1 in 2016
XPB Images
Manor racing director Dave Ryan says the team...
9y ago from F1i.com
Haryanto still working on F1 plan despite losing...
Rio Haryanto's management team is still working on a plan to keep the...
9y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo reveals MotoGP moment that felt...
No description available...
11h ago from Motorsport.com
Fermin Aldeguer suffers fracture in MotoGP training...
No description available...
1d ago from Motorsport.com
Kevin Schwantz: “I see myself reflected in Marc...
No description available...
1d ago from Motorsport.com
Marc Marquez to make Ducati return in private Valencia...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
1d ago from MotorsportWeek.c...
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
1d ago from MotorsportWeek.c...
Power completes “very good” first outing with...
No description available...
1d ago from Motorsport.com
McLaughlin set to have new spotter for 2026 IndyCar...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026, Stage 6: Nasser Al-Attiyah regains overall...
No description available...
8h ago from Motorsport.com
Dakar 2026, Stage 5: Ford strikes back to win but...
No description available...
1d ago from Motorsport.com
Hyundai postpones Thierry Neuville's Monte Carlo test...
No description available...
1d ago from Motorsport.com
Toyota reveals new-look WEC Hypercar for 2026 amid...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
'Arteta really believes he's a top player' –...
Arsenal have been calling over a potential transfer move for Crystal...
3h ago from CaughtOffside.com
Sol Campbell names 'top player' Arsenal should sign...
Arsenal legend Sol Campbell has suggested that his old club should look...
3h ago from CaughtOffside.com
Ian Wright claims Liverpool failing to replace...
Ian Wright believes Liverpool missed Luis Diaz during their draw against...
6h ago from SportsKeeda.com
Bukayo Saka agrees new five-year Arsenal contract with...
t;li>Deal understood to lift pay to about £300,000 a weekArsenal keen...
6h ago from TheGuardian.com
Comments
Hottest News
'Sounds incredible!' First video of 2026 F1 cars in action...
F1 fans have been left stunned by the sound of... Read More »
8h ago from GPFans.com
Christian Horner F1 return has huge problem no one is...
Ferrari. Alpine. Aston Martin. What do all these... Read More »
2h ago from GPFans.com
Audi become first team to run 2026 F1 car
Audi became the first team to run a 2026 Formula... Read More »
2h ago from SkySports.com
