F1 backmarker Manor enters bankruptcy protection

Formula One team Manor Racing, formerly Marussia, on Friday entered bankruptcy protection, with FRP Advisory hired to oversee the process. The decision comes after several months of discussions with investors in an effort to secure funding for the 2017 season. However, with the team scoring just one point in 2016 it’s not hard to see why…

View original post here: 
F1 backmarker Manor enters bankruptcy protection