- Commissioner’s statement on Ventura, Marte
- Ronnie O’Sullivan: Masters champion ‘felt so vulnerable’ in final
- Arron Fletcher Wins 2017 WSOP International Circuit Marrakech Main Event ($140,224)
- Smith challenges Warner to go big in India
- Moncada No. 1 on MLB Pipeline’s Top 10 2B Prospects list
- Braves land 2 on MLB Pipeline’s Top 10 2B Prospects list
- Kingery makes MLB Pipeline’s Top 10 2B Prospects list
- New Zealand wrap up 2-0 after Bangladesh implosion
- Mathews, Pradeep, Gunathilaka to return to Sri Lanka
- Elliott hopes for rain for Poli
Fitzpatrick: Brazilian GP result sealed Manor’s fate
- Updated: January 7, 2017
Manor owner Stephen Fitzpatrick concedes that the two points Sauber scored in Brazil, which eclipsed Manor’s one for the 2017 season, sealed the team’s fate.
On Friday it was announced that Just Racing Services Ltd, Manor’s operating company, had been placed in administration after efforts to find a new investor failed.
A statement from Manor read: “The decision comes after several months of discussions with investors in an effort to secure the best future for the team: discussions that had recently progressed with a particular investor to the signing of heads of terms.
“Unfortunately, the investor was unable to advance a final agreement in a timescale that would have avoided impacting upon the team’s 2017 racing programme and the directors have had no alternative but to place the team in administration.”
Team owner Fitzpatrick, who purchased in early 2015, had been in talks with various parties …
