8 years ago Having had no luck in finding a buyer for Manor, the team’s administrators have made the decision to cease operation. The team entered administration earlier in January. There were reportedly several interested buyers looking at Manor, but none of these interests have transferred into an offer. The team employees worked hard to design the 2017
8 years ago Bernie Ecclestone has officially stepped down from his position as the chief executive of Formula One, a position which he has held for four decades. There are mixed emotions among the Formula One community, as he has been blamed for much of the sport’s failure in the recent years. Born in 1930, Ecclestone dropped out
8 years ago Liberty Media’s acquisition of Formula One is now complete, as Chase Carey officially takes Bernie Ecclestone’s position as CEO of the sport. Ross Brawn and Sean Bratches have also been appointed to management positions in the sport. Ross Brawn, a former technical director with 40 years of motorsport experience, will be taking a position as
8 years ago Felipe Massa will get to keep his retirement gift from the Williams F1 Team, despite having returned for the 2017 season. © Pirelli & C. SpA The 2016 Abu Dhabi Grand Prix was originally intended to be Massa’s final race, as the 35 year old Brazilian planned to put his Formula One career to rest
8 years ago Against the odds, Manor’s request to run their 2016 chassis for the opening rounds of the 2017 season has been approved by the FIA. This approval has extended the team’s time to find a new investor for the team. As reported yesterday, Manor had submitted a request to the FIA for permission to run their
8 years ago Still without an investor prepared to save the team, Manor Racing has reportedly submitted a request to the FIA for permission to run the 2016 car this upcoming season. If the request is approved, this will increase the team’s likelihood of finding a savior. The team entered administration on January 7, as the owner was
8 years ago As McLaren-Honda enters the start of the post-Ron Dennis era, the team is looking to make some big changes. One of these changes may be a brand new livery featuring the classic McLaren orange. © Chris Eaton The 2016 season featured, debatably, the worst McLaren livery. Those who hoped to see the return of the
8 years ago Liberty Media’s planned acquisition of Formula One has been formally approved by the FIA. With Liberty Media having now cleared their last hurdle in the sale, the deal is set to be completed before the end of March. Liberty Media’s shareholders held a vote yesterday, where they agreed to proceed with the sale. Having already
8 years ago Liberty Media’s takeover of Formula One is nearing the closing stages, as the company shareholders voted to proceed with the acquisition. The deal is still awaiting approval by the FIA, which is believed to be coming on Wednesday. Liberty Media shareholders voted on the proposals related to the purchase of Formula One in Colorado. The
8 years ago Manor may have found an interested buyer for the team, but the investor will reportedly require a response from the team before this upcoming Friday. The team went into administration last week following the collapse of a potential buyout. © Manor Racing According to reports, Manor has received an offer to buy out the three
