Administrators Manor began negotiations with potential buyers, according to Sky Sports, citing its own sources.
We are talking about a consortium of Asian investors, which was close to a deal in late 2016, but in a timely manner to conclude an agreement failed.
Last week it was announced that due to financial problems, the Manor passed under external management. The development of the new machines are currently suspended, and there is a risk that if, before January 20, the solution is not found, the command will be declared bankrupt and will cease to exist.
However, there is still hope. Staff reductions are not planned at least until the end of January, and then the administrators will act according to the situation.
In addition, according to the latest rumors, the FIA has allowed Manor to use modernized last year’s chassis for example 2015, when the team was saved at the last moment.
According to the regulations, the team may miss the first three Grands Prix without loss of licenses to participate.
Want to get the most current news website on your mobile device? Subscribe to our channel in the Telegram!