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Analysis: Documents reveal details of Manor F1 team collapse

The administrators of the company behind the defunct Manor F1 team have blamed the loss of 10th place in the 2016 championship for its demise – and say that time wasters dragged out the process of trying to save it. Official papers submitted by FRP Advisory have provided more detail about the problems of Just Racing Services Ltd, the company that provided R&D services and everything associated with running the Manor cars after Stephen Fitzpatrick took over at the start of 2015. The administrators claim that 50 parties indicated an interest in the team, which encouraged the payment of £600,000 on January wages in attempt to buy time to find a solution. However, in the end none was...
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7y ago from Motorsport.com 0
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