Tag: decision-comes
-
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…
-
FIA Revises 2015 Formula Calendar Following Decision To Drop German Race
The FIA, motorsport’s governing body, decided to drop the German Grand Prix from the 2015 Formula One calendar. The decision comes after months of negotiations between F1 supremo Bernie Ecclestone and the operators of the Nürburgring and Hockenheim race tracks that usually host the German race. It was the Nürburgring scheduled to…