Head of Ovo Energy behind Manor rescue plan

Friday is another crucial day in the history of the reborn Marussia team. Now called Manor, the backmarker is expected to be listed on the delayed 2015 entry list, which is set to be released by the governing FIA on Friday.

It will then give the team exactly one week to complete the 2015 adaptations to its 2014 cars, pass the mandatory crash tests, and pack up the equipment to be shipped to Australia next Friday. Crash tests with FIA observers have been booked for March 5 -- the day before the F1 freight deadline.

The FIA's entry fee of over half a million dollars has been paid, and rookie Will Steven's name lodged as the first race driver. McLaren-linked duo Kevin Magnussen and Stoffel Vandoorne are reportedly in the running for the other seat.

McLaren is staying put as a technology partner and wind tunnel supplier, and fellow creditor Ferrari is making available a supply of 2014-spec engines, "but only if EUR 10 million is paid in advance", reported Auto Motor und Sport.

It is already known that former Sainsbury's boss Justin King is one of the team saviours, but on Friday the leader of the British consortium became known -- Stephen Fitzpatrick. He heads a British electricity and gas supplier called Ovo Energy.

It is believed Manor will race with a British racing license, honouring not only the new owners but also founder John Booth, whose Yorkshire facility is now housing the team. But there is no guarantee Manor's planned resurrection will actually succeed.

Firstly, the car will surely be hopelessly off the pace, as the rest of the field has made a couple of seconds per lap of progress since 2014. "If they are ten seconds off the pace," Felipe Massa is quoted by f1-insider.com, "it would be better if they did not come back." That sort of laptime deficit would also see Manor fall foul of the 107 per cent qualifying rule.

Bernie Ecclestone, meanwhile, reportedly fears Manor's investors are only making the rescue bid in order to collect the $47 million in official prize money from 2014. "Apparently," said correspondent Michael Schmidt, "Ecclestone has asked the new owners to deposit the same amount in the bank, just to make sure the project is reputable. Until now, only a tenth of the sum has been lodged," he added. (GMM)

Replies (0)

Login to reply

AZ Azerbaijan Grand Prix

Local time 

AZAzerbaijan Grand Prix

Local time 

World Championship standings 2025

Show full world champion standings

Test calendar

See full test schedule

Related news

Give your opinion!

Will Bottas challenge Hamilton for the world championship in 2020?

Formula 1 Calendar - 2025

Date
Grand Prix
Circuit
-
Bahrain
14 - Mar 16
Australia
21 - Mar 23
China
4 - Apr 6
Japan
11 - Apr 13
Bahrain
18 - Apr 20
Saudi Arabia
2 - May 4
United States of America
16 - May 18
Italy
23 - May 25
Monaco
30 - Jun 1
Spain
13 - Jun 15
Canada
27 - Jun 29
Austria
4 - Jul 6
United Kingdom
25 - Jul 27
Belgium
1 - Aug 3
Hungary
29 - Aug 31
Netherlands
5 - Sep 7
Italy
19 - Sep 21
Azerbaijan
3 - Oct 5
Singapore
17 - Oct 19
United States of America
24 - Oct 26
Mexico
7 - Nov 9
Brazil
21 - Nov 23
United States of America
28 - Nov 30
Qatar
5 - Dec 7
United Arab Emirates
See full schedule

Formula 1 Calendar - 2025

Date
Grand Prix & Circuit
14 - Mar 16
Australia Albert Park
21 - Mar 23
4 - Apr 6
11 - Apr 13
18 - Apr 20
Saudi Arabia Jeddah Street Circuit
2 - May 4
United States of America Miami International Autodrome
16 - May 18
23 - May 25
Monaco Monte Carlo
30 - Jun 1
13 - Jun 15
27 - Jun 29
Austria Red Bull Ring
4 - Jul 6
United Kingdom Silverstone
25 - Jul 27
1 - Aug 3
Hungary Hungaroring
29 - Aug 31
Netherlands Circuit Zandvoort
5 - Sep 7
Italy Monza
19 - Sep 21
Azerbaijan Baku City Circuit
3 - Oct 5
17 - Oct 19
United States of America Circuit of the Americas
24 - Oct 26
7 - Nov 9
Brazil Interlagos
21 - Nov 23
United States of America Las Vegas Street Circuit
28 - Nov 30
5 - Dec 7
United Arab Emirates Yas Marina Circuit
See full schedule

Driver profile

  • Team -
  • Points -
  • Podiums -
  • Grand Prix -
  • Country BR
  • Date of b. Apr 21 1981 (44)
  • Place of b. Sao Paulo, BR
  • Weight 59 kg
  • Length 1.66 m
Show full profile

Team profile

Show full profile
show sidebar