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There is still the second seat at Sauber, though Wehrlein looks set to claim that.
I thought that was a done deal?
Ten is right that's a done deal
There is still the second seat at Sauber, though Wehrlein looks set to claim that.
I thought that was a done deal?
Ten is right that's a done deal
Actually, the deal is done, but the contract is not yet signed. Mercedes is holding Wehrlein back in case they will not sign Bottas - which is very unlikely by now, but in F1, you never know...
It's plausible that the team will be purchased, but seems unlikely.
It was believed that Tavo Hellmund was interested in purchasing the team. Investment from Asia was also being sought out, possibly as part of the proposed deal with Hellmund, or possibly as a separate negotiation.Presumably Manor F1 tried to find buyers before they were wound up so the obvious options will have been exhausted.
So, will Manor be snapped up...surely there's no time, so we'll be at a definite 22 cars this season? Or is this the typical F1 bankruptcy where they'll continue to run for a few seasons before auctioning off their office chairs?
It's pretty strange though. He's announced that he'll be racing at the Mexico ePrix but said he doesn't have a team yet... I'm not really sure what's going on there. Won't he need a team first before announcing his plans to race?So Gutierrez continues his career in Formule E
The article I read said the Dragon team.It's pretty strange though. He's announced that he'll be racing at the Mexico ePrix but said he doesn't have a team yet... I'm not really sure what's going on there. Won't he need a team first before announcing his plans to race?
Ah. I think on F1Fanatic it said he hadn't confirmed a team yet. I'd assume he's then taking Duval's seat as D'Ambrosio has brought the team its only two wins and has consistently outperformed Duval.The article I read said the Dragon team.
Most of it is based on Duval's DTM drive.Ah. I think on F1Fanatic it said he hadn't confirmed a team yet. I'd assume he's then taking Duval's seat as D'Ambrosio has brought the team its only two wins and has consistently outperformed Duval.
Is that even enough time to properly finalize a deal though? Aside from a Saudi oil baron or Chinese investment billionaire who wants a Formula 1 team as their personal playtoy, I don't see who would be able or willing to front them the money before the deadline.Autosport are reporting that Manor has just one week to find a saviour.
It's plausible that they are already talking to someone and have been for some time, or that the one-week deadline is self-imposed and they only need to enter - rather than resolve - negotiations by then.Is that even enough time to properly finalize a deal though? Aside from a Saudi oil baron or Chinese investment billionaire who wants a Formula 1 team as their personal playtoy, I don't see who would be able or willing to front them the money before the deadline.
If this BBC article that just went up is accurate, the deadline is the point where Manor's administrators would become liable for paying the salaries of all the team's employees. They've also had two deals fall apart at the last second under them, so I kinda doubt they have someone else waiting in the wings and even though they apparently found enough money in the couch cushions to pay everyone till the end of the month, they're more than likely going to shutter the whole operation without a lot of cash coming in fast.It's plausible that they are already talking to someone and have been for some time, or that the one-week deadline is self-imposed and they only need to enter - rather than resolve - negotiations by then.
Actually, according to the article I linked above they were given permission to use a modified version of their 2016 car to start the season off, should they find a buyer. The big issue is apparently whether they're going to get a backer to pay all the bills before the season starts.Their main issue is that they just aren't going to have a 2017 car ready without a cash injection pronto. Even then it may not be enough and with the new regs it's not like they can just enter with the 2016 car. Who is going to invest in a team that can't race? I think sadly, there is no way back for the plucky Manor.
If this BBC article that just went up is accurate, the deadline is the point where Manor's administrators would become liable for paying the salaries of all the team's employees. They've also had two deals fall apart at the last second under them, so I kinda doubt they have someone else waiting in the wings and even though they apparently found enough money in the couch cushions to pay everyone till the end of the month, they're more than likely going to shutter the whole operation without a lot of cash coming in fast.
Actually, according to the article I linked above they were given permission to use a modified version of their 2016 car to start the season off, should they find a buyer. The big issue is apparently whether they're going to get a backer to pay all the bills before the season starts.
Manor have been granted permission by Formula 1's governing body the FIA to use their 2016 chassis, with minor modifications, as the basis for the car that is raced at the beginning of the season, should they find a buyer.
The FIA has told the team there is no need to re-submit the chassis for its mandatory crash test, even though it has a small modification to meet 2017 regulations.
Insiders say that the technical team have looked at all options in terms of car preparation - a full 2017 car, a 2016 car modified to varying degrees and so on - and which one they choose will depend on how much time they have available if the team is saved.
They had little issue qualifying last time they used the previous year's car.
Manor reportedly in trouble after investment deal collapses, with the team possibly going into administration in a matter of days:
http://www.autosport.com/news/report.php/id/127648/future-of-manor-formula-1-team-in-doubt
Are you completely unaware that this is the driver transfer thread?Autosport are reporting that Manor has just one week to find a saviour.
A team collapsing and taking two seats off the market seems pretty relevant to driver transfers to me.Are you completely unaware that this is the driver transfer thread?
Announcement-ception.An announcement on Bottas' future is expected some time this week:
http://www.speedcafe.com/2017/01/16/news-valtteri-bottas-future-expected-week/
In other words, "we've announced this announcement to announce that an announcement will soon be announced".