News Details
Manor gets its money back from the FIA
The FIA, Formula 1's governing body, has returned the entry fee paid by Manor last year to enter the 2017 F1 world championship. Manor acquitted its $522,322 entry in November of 2016, but the British team's finances collapsed on the eve of the 2017 season, forcing the entity operating the F1 outfit into administration. "Just Racing Services Limited, the company within the Manor Group responsible for servicing the team went into administration in January of this year and ceased trading later that month," the FIA said in a statement released earlier today. 'Formula 1 is no fast-food restaurant', warns Ecclestone "Consequently, the team did not take any part in the 2017...
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