The Manor F1 Team is on the brink of collapse, as the team has now appointed an administrator in an attempt to secure the team by finding a buyer. The team confirmed it had failed to find a worthy partner itself, meaning its 212 staff are currently in an unsecure position.
If we don't count HAAS due to the Ferrari links, then I would argue the same is the case for Super Aguri as I seem to remember that they basically ran the previous season's Honda car...rscsr wrote:Toyota 2002KeiKo403 wrote:...
Prior to Virgin, Lotus & HRT what was the last new start up team to enter F1? (literally just asking that, not being sarcastic)
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Super Aguri 2006
I know its very very unlikely. But no one can say its not the case.Nickel wrote:You're actually proposing the Honda engine is so good and the Mclaren chassis so bad, that plopping the Honda lump in the Manor will catapult them up past Mclaren?NathanOlder wrote:No one knows where the Honda engine sits as its just 1 team running it. When Mclaren had the best engine on the grid, they were still poor.
nice trolling.
I know its very very unlikely. But no one can say its not the case.Nickel wrote:You're actually proposing the Honda engine is so good and the Mclaren chassis so bad, that plopping the Honda lump in the Manor will catapult them up past Mclaren?NathanOlder wrote:No one knows where the Honda engine sits as its just 1 team running it. When Mclaren had the best engine on the grid, they were still poor.
nice trolling.
Yeah his not stupid. How many buyers/investors have there been in this team and its always the same result.Shakeman wrote: I'd love to see Ron back in the sport but I somehow doubt that'll happen as the decks a stacked overwhelmingly against teams like Manor and he'd be just urinating his money away. I believe he'd target a team further up the grid like FI if he were to return.
[color=#0000FF]By: Jonathan Noble, Formula 1 Editor[/color] wrote:Following growing speculation on Friday morning about the fate of the outfit, staff were called to a meeting at its Banbury factory to be informed that hopes of finding an investor to save the outfit had failed.
Instead, FRP Advisory LLP had been appointed as joint administrators of the Just Racing Services Ltd company that operates Manor.
Geoff Rowley, the joint administrator, said that no redundancies of the 212 staff at the team had yet been made, but he admitted that there was limited time to try to find a solution before the season-opening Australian Grand Prix.
Who is this anonymous, coward imbecile that down voted thisiotar__ wrote:- What happened to media manufactured feel good story of 2015 when they conned F1 at the expense of other teams? Team that didn't have a car collected pay-checks.
- Another success of F1 management by Bernie, Charlie & Jean, Ecclestone is too busy defending Vettel from reality blaming Ferrari for driver's failure, in '14 it was Ferrari's fault too
- No stooge team for Merc, no one to buy parts from Williams (another reason to get Stroll)? At least the former can put their pay drivers in Sauber
? If you can't string two sentences together on any F1 related topic without showing ignorance and detachment from reality but you can only 'vote' and add (the irony...) "random drivel" 'reason' go on reddit.
Shakeman wrote:There was news about Silverstone being an uncertainty going forward and the Manor situation is just another symptom of the same disease that the F1 rights holders are greedy grasping fools.
Until circuits can make money and small teams can prosper the sport will be in a slow decline.
I'd love to see Ron back in the sport but I somehow doubt that'll happen as the decks a stacked overwhelmingly against teams like Manor and he'd be just urinating his money away. I believe he'd target a team further up the grid like FI if he were to return.
Doubt he could have made more than £0 net, any buyer would have wanted the assets without taking on the debts/liabilities. If an investor was willing to take on the whole thing (assets and debts) for £0 then they can still do that immediately from the administrator/bankruptcy process.FW17 wrote:Shakeman wrote:There was news about Silverstone being an uncertainty going forward and the Manor situation is just another symptom of the same disease that the F1 rights holders are greedy grasping fools.
Until circuits can make money and small teams can prosper the sport will be in a slow decline.
I'd love to see Ron back in the sport but I somehow doubt that'll happen as the decks a stacked overwhelmingly against teams like Manor and he'd be just urinating his money away. I believe he'd target a team further up the grid like FI if he were to return.
This is also another case of team owner having an imaginary valuation of the team and driving away potential new investors.
Fitzpatrick greed has sent the team to administration while he could have sold the team when had some offers, I am quiet sure he would have got more than £0 he will get now
