News Details

FIA returns Manor’s 2017 entry fee to remnants of F1 team

The FIA has returned Manor Racing’s entry fee for the 2017 F1 World Championship in what it calls a “gesture of goodwill” to help the pay the now-defunct company’s debts. Manor paid the fee of $522,322 in November last year – including $6,194 extra for the single point it scored in the 2016 championship – but the team collapsed before the start of this season, and thus did not participate. As a result of Sauber’s ninth place in last year’s Brazilian GP, the team dropped from 10th to 11th in the 2016 constructors’ championship standings, and crucially that cost millions in potential future prize money, making it financially unviable for the team to continue racing....
Full Story »
11mo ago from Motorsport.com 0
Share

You May Also Be Interested In...

Nico Hulkenberg encouraged by Renault's 2017...

Nico Hülkenberg says he has been encouraged by Renault’s...
11mo ago from MotorsportWeek.com

Can anyone stop Hamilton's quest for fifth crown?

Lewis Hamilton has his eye on his fifth Drivers' Championship after...
1y ago from GrandPrix247.com

FIA refunds Manor's entry fee 'as a gesture of...

The FIA has refunded Manor's entry fee for the 2017 Formula 1 season...
11mo ago from MotorsportWeek.com

Force India count the cost of success

Force India are enjoying their highest-scoring Formula One season, the...
11mo ago from SuperSport.com

Elsewhere On The Network

Popular On MGPToday.com

Departing Redding won't miss MotoGP...

No description available...
5h ago from Motorsport.com

Dani Pedrosa made official MotoGP legend

Honda's Dani Pedrosa has been inducted as an official MotoGP legend...

Popular On IndyCarToday.com

McLaren hires ex-Force India boss for IndyCar team

McLaren has hired former Force India deputy team principal Bob Fernley to...
1h ago from SpeedCafe.com

Indy 500 experience gives McLaren a head start on...

McLaren CEO Zak Brown says its entry into next year’s Indianapolis...

Bob Fernley to head up McLaren's 2019 Indy 500 team

McLaren Racing has announced that former Force India Formula 1 deputy...
10h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Sebastien Ogier tops final 2018 shakedown at Rally...

M-Sport Ford's Sébastien Ogier headed the timing screens...
11h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Arsenal news: Ramsey makes Chelsea decision, Man Utd...

ARSENAL news and gossip - Starsport brings you all the latest from the...
51m ago from DailyStar.co.uk

Arsenal news: Unai Emery favourite Granit Xhaka admits...

ARSENAL midfielder Granit Xhaka says he fancies a return to Basel.
2h ago from Express.co.uk

Arsenal news: Unai Emery is serious about signing...

ARSENAL and Tottenham are serious suitors for Manchester United defender...
4h ago from Express.co.uk

Opinion: Norwich should move for Arsenal teenager if...

According to Turkish outlet Gunes, Super Lig giants Galatasaray have been...

Comments

Hottest News

Still feel Ocon was entirely to blame?

Villified for his "foolhardy" driving... Read More »
12h ago from PlanetF1.com

Wolff: Lewis did not criticise the nation

Mercedes chief Toto Wolff has come out in support... Read More »
1h ago from GrandPrix247.com

Hamilton clarifies India comments after backlash

Lewis Hamilton has responded after comments he... Read More »
10h ago from GPFans.com

Recent News

2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.