Results 1 to 2 of 2
  1. #1
    Senior Member
    Join Date
    Sep 2005
    Posts
    2,380
    Like
    19
    Liked 135 Times in 100 Posts

    Manor in administration

    Nasr's 9th place in the Brazilian rain has proved very costly for Manor.
    http://www.bbc.co.uk/sport/formula1/38530855
    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.

  2. #2
    Senior Member Rollo's Avatar
    Join Date
    Mar 2001
    Location
    Sep 1666
    Posts
    10,391
    Like
    11
    Liked 161 Times in 119 Posts
    http://www.abc.net.au/news/2017-01-0...ration/8167466
    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!

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •