Manor, on the edge of bankruptcy


According to estimates Sky News, Manor will be managed by FRP Advisory to the serious economic situation that comes at this time. Its main shareholder, Stephen Fitzpatrick -founder of energy company OVO-, has spent months negotiating the arrival of different investors, but none of them has been able to materialize, and the team has come to a situation virtually untenable.

Fitzpatrick will continue looking for an investor to save the team and, with this, try to preserve the 200 jobs that the team possesses. By the time, the Manor will continue to operate in the face trying to face up to a year as complicated as 2017 -that has to adapt to the new regulations, although at the moment no one on the team wanted to evaluate the situation and has made comments about it.