No investor found for Manor as team folds

  • Published on 27 Jan 2017 13:32
  • comments 1
  • By: Fergal Walsh

It appears that it is the end of the road for Manor Racing, as reports claim that staff have been sent home and no investor has been found. Manor entered administration just after the new year and their future appeared hopeful when a potential investor was found.

Manor entered Formula One in 2010, and have accumulated two points finishes, Monaco 2014 at the hands of Jules Bianchi, and Austria 2016 with Pascal Wehrlein piloting the car.

Manor's future first appeared in doubt when Sauber scored two points at Brazil, pipping them to tenth in the constructor standings.

Andrew Benson, respected editor for BBC, claims that all the staff at Manor have been sent home as no investor has been found, therefore ending participation in the Formula One championship.

 

Manor ceasing trading today. No buyer has been found. Staff sent home, redundant close of business Tuesday

— Andrew Benson (@andrewbensonf1) January 27, 2017

 

 

 

Replies (1)

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  • Very sad day for F1, such a shame to see them leave after all the hard work

    • + 0
    • Jan 27 2017 - 14:10

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