News Details

Hellmund: Brazil result led to Manor demise

– US-based Tavo Hellmund says that Manor falling out of the top 10 in the championship standings late last season ended his and his investors' hopes of acquiring the team.Manor occupied the financially-beneficial 10th place across the bulk of last year, but slipped behind Sauber at the penultimate round in Brazil, and ultimately finished at the foot of the 11-team standings.Manor owner Stephen Fitzpatrick confirmed in Abu Dhabi that the team had agreed terms with an investor, believed to be Hellmund, who was behind the revival of Grands Prix in the US and Mexico.However, the deal eventually fell through, while another potential sale to Asian investors did not reach a successful...
Full Story »
8y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Hellmund: We had agreed to terms to buy Manor

The rescue of Manor nearly happened according to businessman Tavo...
8y ago from GrandPrix247.com

Hellmund laments lost opportunities to rescue Manor

 XPB Images Long linked to a potential deal to bail out the...
8y ago from F1i.com

Manor collapse 'a failure of the F1 system' - Minardi

 XPB Images Former Formula One team owner Giancarlo Minardi has...
8y ago from F1i.com

Manor F1: Team fold after administrator fails to find...

The Manor team have collapsed after administrators failed to find a buyer...
8y ago from BBC.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Pramac Yamaha unveils 2026 MotoGP livery

Pramac Yamaha has officially unveiled its striking new livery on the...
10h ago from MotorsportWeek.c...

Jack Miller: Yamaha are ‘busting their arses' on...

Pramac rider Jack Miller has seen first-hand the efforts of Yamaha on its...
14h ago from MotorsportWeek.c...

‘Super talented’ MotoGP rookie Diogo Moreira...

Pedro Acosta believes “super talented” rookie Diogo Moreira has the...

Popular On IndyCarToday.com

Alex Palou delivers takedown of McLaren F1 drivers...

IndyCar champion Alex Palou has delivered a takedown of both McLaren...

Will Power turns first IndyCar laps with Andretti at...

IndyCar veteran Will Power completed his first test laps with his new...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arteta rues Arsenal’s injury list before Carabao Cup...

t;li>Manager hopes to find ‘solution’ to defensive problemsSaliba...
6h ago from TheGuardian.com

'I don't think I used that word…' – Arteta...

Arsenal manager Mikel Arteta has denied ever saying that Gunners forward...
6h ago from CaughtOffside.com

'He’s had a bit more of a difficult time this...

Former Premier League striker Darren Bent is worried about Arsenal star...
8h ago from SportsKeeda.com

Mikel Arteta provides injury update on 4 key Arsenal...

Arsenal manager Mikel Arteta has spoken to the press about the fitness of...
11h ago from SportsKeeda.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.