{"id":33892,"date":"2017-01-27T20:28:04","date_gmt":"2017-01-28T01:28:04","guid":{"rendered":"https:\/\/www.racinginfocus.com\/rif\/?p=33892"},"modified":"2017-01-27T20:28:04","modified_gmt":"2017-01-28T01:28:04","slug":"administrator-says-manor-to-close-its-doors","status":"publish","type":"post","link":"https:\/\/www.racinginfocus.com\/rif\/formula-1\/administrator-says-manor-to-close-its-doors\/","title":{"rendered":"Administrator says Manor to &#8216;close its doors&#8217;"},"content":{"rendered":"<p>Only ten teams will make it to the grid as the 2017 season begins in Australia in March.<\/p>\n<p>There were hopes the backmarker Manor could exit administration if a buyer was found before the end of January, as funds to test in Spain next month and race in Melbourne had dried up.<\/p>\n<p>But administrator FRP on Friday announced that the team&#8217;s operating company will now close.<\/p>\n<p>&#8220;It is deeply regrettable that the team has had to cease trading and close its doors,&#8221; said administrator Geoff Rowley.<\/p>\n<p>As team staff faced the prospect of immediate redundancy, a photo appeared on social media of the wind tunnel model of Manor&#8217;s unraced 2017 car.<\/p>\n<p>Rowley said: &#8220;The administration process provided a moratorium to allow for attempts to secure a long term viable solution for the team within a very limited time-frame, but sadly no solution could be achieved to allow for the business to continue in its current form.&#8221;<\/p>\n<p>\u00a9 RIF | GMM<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Only ten teams will make it to the grid as the 2017 season begins in Australia in March. There were hopes the backmarker Manor could exit administration if a buyer was found before the end of January, as funds to test in Spain next month and race in Melbourne had dried up. But administrator FRP &#8230;<\/p>\n","protected":false},"author":1,"featured_media":33893,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[3],"tags":[5262,5340,5557,5165,2412],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/33892"}],"collection":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/comments?post=33892"}],"version-history":[{"count":1,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/33892\/revisions"}],"predecessor-version":[{"id":33894,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/33892\/revisions\/33894"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/media\/33893"}],"wp:attachment":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/media?parent=33892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/categories?post=33892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/tags?post=33892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}