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Old 13 Jan 2017, 15:38 (Ref:3702373)   #51
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Sad to say, I don't think we'll see them in Melbourne. F1 really needs to look at its business model.
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Old 13 Jan 2017, 19:39 (Ref:3702410)   #52
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sounds rather like they keep getting found out during due diligence if there's been two serious buyers, doesn't it?
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Old 13 Jan 2017, 20:23 (Ref:3702416)   #53
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Sad to say, I don't think we'll see them in Melbourne. F1 really needs to look at its business model.
I mentioned in another thread weeks ago that we need to see teams dropping out before anyone will consider it. Until then... status quo.

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Old 13 Jan 2017, 20:57 (Ref:3702421)   #54
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sounds rather like they keep getting found out during due diligence if there's been two serious buyers, doesn't it?
Well, if due diligence is all about whether or not the company is reasonably setup to survive, then it's quite conceivable that it's actually the sport being found out, rather than the team. It could be that two serious buyers are looking at it with all of the Manor information and realising that it simply is too hard to run a team in F1 now.
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Old 13 Jan 2017, 21:09 (Ref:3702423)   #55
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in fairness though we are talking about losing the most underfunded team on the grid.

sure the prize money only going to the top 10 regardless of how many teams compete is an antiquated rule and there needs to be more financial restraint within the sport but its not like we are losing Williams or FI/Jordan or even an STR/Minardi.

plus we really dont know anything about their finances or how leveraged they are or what their larger hedge fund investment/loss strategy is.

as much as i love the underdog and as much as im really amazed that this Virgin/Marussia/Manor team lasted as long as it did, and i hate to make this allusion, but their 7 years on the grid do not leave me with happy memories.

F1 is an expensive sport, and right or wrong, underfunded teams can lead to an unacceptable level of danger. apologies if that was harshly stated.
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Old 14 Jan 2017, 02:42 (Ref:3702461)   #56
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Bring back ciggie money....
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Old 14 Jan 2017, 05:26 (Ref:3702464)   #57
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Bring back ciggie money....
Said in a spirit of jest I hope.
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Old 14 Jan 2017, 07:59 (Ref:3702478)   #58
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Said in a spirit of jest I hope.
Only the money, not the health issues..
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Old 14 Jan 2017, 11:37 (Ref:3702512)   #59
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Maybe E-Cigarettes or Vapes would be better?
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Old 14 Jan 2017, 13:17 (Ref:3702523)   #60
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Bring back ciggie money....
that won't solve the problems for the small teams(since they where never sponsored by the cigarette companies anyway)
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Old 14 Jan 2017, 16:58 (Ref:3702546)   #61
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Does Ferrari still get money from Philip Morris?
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Old 14 Jan 2017, 17:05 (Ref:3702552)   #62
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Does Ferrari still get money from Philip Morris?
Yes.
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Old 16 Jan 2017, 11:51 (Ref:3702912)   #63
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An Offer For Manor Was Made

To be decided by Friday
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Old 16 Jan 2017, 17:05 (Ref:3702969)   #64
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I hope this happens, it would be a shame to lose Manor ..

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Old 16 Jan 2017, 18:12 (Ref:3702975)   #65
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So do I, I'd hate to see the grid depleted more
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Old 16 Jan 2017, 19:28 (Ref:3702994)   #66
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Good luck to them. I don't know if it'll be accepted though, it seems to involve giving up the whole business.
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Old 16 Jan 2017, 20:20 (Ref:3703001)   #67
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Good luck to them. I don't know if it'll be accepted though, it seems to involve giving up the whole business.
As opposed to it closing down and assets being sold to pay creditors?
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Old 16 Jan 2017, 21:39 (Ref:3703019)   #68
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I hope this happens, it would be a shame to lose Manor ..
All you can hope is that the future new owner has the ability to either source or attract the wherewithal to firstly keep the team alive, and secondly to move it forward as a race team, as a commercial enterprise.

The Mercedes engine supply is the squad's strongest asset...
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Old 17 Jan 2017, 01:57 (Ref:3703055)   #69
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Any rumours or scuttlebut on who the bidder might be?
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Old 17 Jan 2017, 02:00 (Ref:3703056)   #70
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Phoenix Finance?
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Old 17 Jan 2017, 03:47 (Ref:3703072)   #71
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Seriously though, could Ron Dennis be involved somewhere? Sounds like his style. All or nothing.
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Old 17 Jan 2017, 16:21 (Ref:3703170)   #72
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Rumours say it's still the investor from Asia (Ricaro Gelael)
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Old 17 Jan 2017, 16:57 (Ref:3703183)   #73
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Quantum Motorsports??


Seriously though, could Ron Dennis be involved somewhere? Sounds like his style. All or nothing.
Did have similar thoughts mentioned to me, lead a consortium with connections to drivers perhaps?
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Old 17 Jan 2017, 17:28 (Ref:3703200)   #74
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It's shocking that FIA does nothing to help small teams to keep in F1.

Not.
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Old 17 Jan 2017, 17:43 (Ref:3703209)   #75
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Rumours say it's still the investor from Asia (Ricaro Gelael)
KFC logos on the side of the car?
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