Thread: Manor in administration
6th January 2017, 15:13 #1
- Join Date
- Sep 2005
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Manor in administration
Nasr's 9th place in the Brazilian rain has proved very costly for Manor.
It's a shame to see them hitting the buffers now, after they just about caught up to the back of the main field in terms of performance. Another season or two and they might have been a competitive lower midfield team.
So who might bail them out? Ron perhaps? Or would Rosberg or Button fancy joining the ranks of the legendary owner-drivers? Though even if they are bailed out, any chance of a decent performance will surely be sunk by the disruption of their development programme.
7th January 2017, 00:35 #2
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- Mar 2001
- Sep 1666
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The team employs 212 staff at their Banbury headquarters. Rowley said all were paid in full to the end of December and no redundancies had been made.
Fitzpatrick said a sale to an Asian investment consortium had been agreed in December but that time had run out before they could complete the transaction.
- ABC News, 7th Jan 2017
Personally I'd like to see someone like Kia, SAIC or Dongfeng buy Manor.
Especially China, if it wants to be seen as producing worthwhile cars, needs to be seen to to be part way successful. Formula One would be a very good start if they wanted to show themselves to be competing with the world's best.The Old Republic was a stupidly run organisation which deserved to be taken over. All Hail Palpatine!