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FIA refunds defunct Manor Team’s 2017 entry fee

The FIA has chosen to reimburse the defunct Manor Racing squad's 2017 entry fee. In a 'gesture of goodwill' from Formula 1's sporting body, the sum of $522,322 (£394,741) was refunded to the former team's parent company, Just Racing Services Limited, as a contribution towards the group's outstanding debts. Once the Just Racing Group went into administration in January, chief Stephen Fitzpatrick had no choice to withdraw Manor Racing's entry, despite a rescue bid for the team attracting interest from some 50 different investors, according to administrators. Ultimately, none appeared to have 'the cash resources to enable the company to return to solvency'. In a statement, the FIA told of...
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