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 three races...
Full Story »
Full Story »
11y ago from ThisIsF1.com
0
You May Also Be Interested In...
Marussia creditors approve exit from administration
The former Marussia Formula One team moved a step closer to returning to...
11y ago from GrandPrix247.com
Manor to exit administration within days - FRP
Manor received a boost on Thursday as administrators FRP Advisory...
11y ago from GrandPrixTimes.com
Manor pays F1 2015 entry fee, FIA leaves door open –...
Manor, formerly known as Marussia, is plotting its course for a 2015...
11y ago from ThisIsF1.com
Manor takes another step to salvation
Manor, the reborn Marussia team, took a step back from administration on...
11y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta labels KTM 'spectacular in the rain' as...
No description available...
1h ago from Motorsport.com
Marc Marquez on his current Ducati struggles: “I've...
No description available...
2h ago from Motorsport.com
Manufacturers stand up to Liberty in Jerez as MotoGP...
No description available...
2h ago from Motorsport.com
MotoGP Spanish GP: Alex Marquez ends Aprilia’s...
No description available...
2h ago from Motorsport.com
Popular On IndyCarToday.com
Graham Rahal “not a fan” of new rule allowing...
No description available...
19h ago from Motorsport.com
FOX unveils plan for 60 hours of Indy 500 coverage
No description available...
2d ago from Motorsport.com
IndyCar officiating board helps shape Push to Pass...
IndyCar’s new Independent Officiating Board has made one of its first...
1d ago from MotorsportWeek.c...
IndyCar expands Push to Pass availability
The NTT IndyCar Series has announced a change to the series’ Push to...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why WRC drivers expect Portugal to deliver a rally...
No description available...
3h ago from Motorsport.com
Hyundai brings WRC engine upgrade to Rally Portugal
No description available...
6h ago from Motorsport.com
How Ott Tanak can help Toyota's WRC 2027 car...
No description available...
2d ago from Motorsport.com
Why Hyundai’s WRC season “really starts” at...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal or PSG? Gary Lineker names his favorites to...
Gary Linkeker has picked between Arsenal and Paris Saint-Germain (PSG), as...
1h ago from SportsKeeda.com
Paul Merson predicts Liverpool vs Chelsea, Arsenal vs...
This is a Premier League weekend where all Arsenal fans won't mind their...
28m ago from SportsKeeda.com
'He could be the one' - Paul Scholes names Arsenal...
Manchester United legend Paul Scholes believes Arsenal winger Bukayo Saka...
1h ago from SportsKeeda.com
Arsenal vs PSG UEFA Champions League final to kick off...
The 2026 UEFA Champions League final, set to be competed by Arsenal and...
2h ago from SportsKeeda.com
Comments
Hottest News
F1 owners feel impact of controversial new rules after...
F1 rights owners Liberty Media's first quarter... Read More »
58m ago from GPFans.com
FIA confirm investigation of controversial F1 team...
McLaren CEO Zak Brown has long raged against the... Read More »
58m ago from RacingNews365.com
Aston Martin tight-lipped on upgrade timeline for troubled...
Aston Martin’s early-season campaign is... Read More »
58m ago from F1i.com
