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Manor F1 to close after attempt to find buyer fails

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The Manor Formula 1 operation is set to close after administrators confirmed that efforts to find a buyer for the cash-strapped team had failed.

Manor entered administration at the beginning of January amid ongoing financial struggles, with FRP Advisory being appointed to try and find a new buyer.

Despite talks with a number of interested parties, FRP issued a statement on Friday confirming that Manor would close its doors and its staff would be made redundant after negotiations fell short.

“During recent months, the senior management team have worked tirelessly to bring new investment to the team to secure its long term future, but regrettably were been unable to do so within the time available and were left with no alternative but to place JRSL into administration  to protect the best interests of the underlying businesses and in order to continue a search for a buyer,” a statement from FRP reads.

“Since their appointment earlier this month the joint administrators at FRP Advisory have continued to work, with the support of senior management, to try and secure new investment into the business resulting in negotiations with a number of interested parties. During that period  funding was secured to ensure payment of all staff salaries until 31 January 2017.

“Regrettably since the appointment of administrators no investment has been secured in the limited time available to continue the Group in its present form.With no sustainable operational or financial structure in place to maintain the Group as a going concern, the joint administrators have now ceased trading JRSL and unfortunately have had to send all staff home from work today Friday 27 January.

“While all 212 staff will be paid on Tuesday 31 January, all but a small handful of staff are expected be made redundant by the end of January.  Note that Manor Grand Prix Racing Ltd, the sister company of JRSL, which has the rights for the team’s participation in F1, is not in administration.”

“It is deeply regrettable that the team has had  cease trading and close its doors,” FRP’s Geoff Rowley added. “Manor is a great name in British Motorsport and the team has achieved a great deal over the past two years, invigorated under new ownership.

“Operating and running a F1 team to the high standards demanded however requires significant ongoing investment. Just Racing Services Limited was put into administration at the start of January shortly after attempts to sell the business fell through at the last hurdle.

“The administration process provided a moratorium to allow for attempts to secure a long term viable solution for the team within in a very limited time-frame but sadly no solution could be achieved to allow for the business to continue in its current form within what was a very tight time-frame.

“We would like to thank all the staff for their support and professionalism during this difficult process. We shall initiate a formal redundancy process for all staff on Tuesday, once they have been paid for the full month of January.

“As joint administrators our immediate focus will be to assist staff who will have lost their jobs and to provide them with the necessary support to submit timely claims to the Redundancy Payments Service.”

More to follow.

NHRA shocker: John Force fails to qualify for first time since 2008, snaps 221-race streak

Photo and videos courtesy NHRA
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Sunday’s eliminations in the 31st annual NHRA SpringNationals at Royal Purple Raceway in suburban Houston  just won’t be the same without John Force.
In one of the most stunning turn of events seen in the last decade-plus in NHRA drag racing, the legendary 16-time Funny Car champion and the sport’s all-time winningest driver on Saturday failed to qualify for Sunday’s main event of the race weekend.
It marks the first time Force, who turns 69 on May 4, failed to qualify for a race since the Charlotte race in 2008, snapping a string of having made the eliminations in each of the subsequent and consecutive 221 races until failing to do so Saturday.
“That is hard for me,” Force said after failing to go any faster than 222.29 mph in the four qualifying rounds for the race, two on Friday and the other two on Saturday. “You earn what you get. We didn’t put it in the show. We couldn’t get to half-track.
“We have had a lot of problems all year. At least I got my final shot to get in and I didn’t make it. I will be here tomorrow rooting on Robert, Courtney and Brittany (teammates Robert Hight and daughters Courtney and Brittany Force). I’ll be signing autographs for all the fans.”

As for the other classes (information courtesy NHRA Media Relations):

Leah Pritchett set a new Top Fuel track record during the final qualifying session on Saturday to secure the top spot in Top Fuel heading into Sunday.
Hight (Funny Car) and Greg Anderson (Pro Stock) are also No. 1 qualifiers in their respective categories at the fifth of 24 events on the 2018 NHRA Mello Yello Drag Racing Series schedule.
Defending event champion Pritchett raced her Mopar Dodge dragster to a pass of 3.680-seconds at 326.00 mph. This is her first No. 1 qualifier of the season and eighth of her career.
“We’ve been developing our confidence the last couple of races,” Pritchett stated. “To be able to put it on the track is phenomenal. We know we need to be exceptional because our competition is exceptional.”
Pritchett will line up against Terry Brian in round one of eliminations on Sunday. Defending world champion Brittany Force locked-in the No. 2 spot after a 3.701 at 313.80 in her Monster Energy dragster. Tony Schumacher is seeded third and will face William Litton.
Hight’s final qualifying pass of 3.894 at 317.27 in his Auto Club of Southern California Chevrolet Camaro took him to the top of the Funny Car category. This is his first No. 1 qualifier of the season, second at Houston and 58th of his career.
“This is going to be a new ball game tomorrow,” Hight said. “With fresh asphalt and the sun being out; these cars are going to spin. It’s definitely going to be fun. Two of our Chevy’s are one and two (in Funny Car) which shows we have good combinations.”
Hight will face-off against Todd Simpson Sunday morning in the first round. Teammate Courtney Force sits in the No. 2 position with a pass of 3.911 at 295.14 in her Advance Auto Parts Chevrolet Camaro and two-time world champion Matt Hagan rounds out the top three.
Anderson, four-time Pro Stock world champion, remained atop the field Saturday with his pass of 6.492 at 213.00 in his Summit Racing Equipment Chevrolet Camaro from the first qualifying session on Friday. He notched his third consecutive No. 1 qualifier of the season and is seeking his first victory of the year.
“I haven’t had great Sunday’s yet,” Anderson stated. “I know I’m going to break through one of these days though. The weather is going to be great again tomorrow. I feel good about it, I’m excited and so far it’s just been a great weekend.”
Anderson will race Steve Graham in the first round of eliminations. Jeg Coughlin Jr. qualified in the No. 2 position with a pass of 6.504 at 212.36 in his JEGS.com/Elite Performance Chevrolet Camaro and Tanner Gray is third.
Eliminations at the NHRA SpringNationals begin at 11 a.m. on Sunday at Royal Purple Raceway.
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SUNDAY’S FIRST-ROUND PAIRINGS FOR ELIMINATIONS:
TOP FUEL: 1. Leah Pritchett, 3.680 seconds, 326.00 mph vs. 16. Terry Brian, 4.275, 284.62; 2.
Brittany Force, 3.701, 320.20 vs. 15. Terry Haddock, 4.081, 287.17; 3. Tony Schumacher, 3.703,
322.73 vs. 14. Bill Litton, 3.927, 306.60; 4. Billy Torrence, 3.737, 317.87 vs. 13. Kebin Kinsley, 3.819, 313.51; 5. Antron Brown, 3.740, 324.98 vs. 12. Terry McMillen, 3.783, 314.31; 6. Clay Millican, 3.746, 315.78 vs. 11. Mike Salinas, 3.766, 313.73; 7. Doug Kalitta, 3.748, 320.05 vs. 10. Richie Crampton, 3.766, 316.23; 8. Scott Palmer, 3.754, 318.17 vs. 9. Steve Torrence, 3.759, 313.88. Did Not Qualify: 17. Terry Totten, 4.636, 216.34.
FUNNY CAR: 1. Robert Hight, Chevy Camaro, 3.894, 317.27 vs. 16. Todd Simpson, Dodge Charger, 4.318, 288.33; 2. Courtney Force, Camaro, 3.911, 313.58 vs. 15. Jeff Diehl, Toyota Camry, 4.151, 283.49; 3. Matt Hagan, Charger, 3.913, 311.85 vs. 14. Ron Capps, Charger, 4.077, 305.77; 4. Jack Beckman, Charger, 3.918, 317.42 vs. 13. Richard Townsend, Camry, 4.026, 308.99; 5. Cruz Pedregon, Camry, 3.918, 301.94 vs. 12. Del Worsham, Camry, 4.017, 307.51; 6. Tim Wilkerson, Ford Mustang, 3.925, 311.41 vs. 11. Shawn Langdon, Camry, 3.994, 311.34; 7. Tommy Johnson Jr., Charger, 3.926,
313.00 vs. 10. J.R. Todd, Camry, 3.989, 313.37; 8. Jonnie Lindberg, Camry, 3.927, 316.52 vs. 9. Bob Tasca III, Mustang, 3.938, 314.09. Did Not Qualify: 17. Jim Campbell, 4.341, 273.05; 18. John Force, 4.625, 222.29.
PRO STOCK: 1. Greg Anderson, Chevy Camaro, 6.492, 213.00 vs. 16. Steve Graham, Camaro, 6.775, 205.60; 2. Jeg Coughlin, Camaro, 6.504, 212.36 vs. 15. Alan Prusiensky, Dodge Dart, 6.621, 208.65; 3. Tanner Gray, Camaro, 6.507, 211.99 vs. 14. John Gaydosh Jr, Chevrolet Camaro, 6.592, 210.93; 4. Vincent Nobile, Camaro, 6.513, 212.29 vs. 13. Erica Enders, Camaro, 6.548, 210.67; 5. Jason Line, Camaro, 6.518, 211.99 vs. 12. Rodger Brogdon, Camaro, 6.545, 210.50; 6. Chris McGaha, Camaro, 6.525, 212.79 vs. 11. Matt Hartford, Camaro, 6.532, 212.73; 7. Drew Skillman, Camaro, 6.527, 212.29 vs. 10. Bo Butner, Camaro, 6.532, 211.79; 8. Deric Kramer, Camaro, 6.528, 211.93 vs. 9. Alex Laughlin, Camaro, 6.530, 211.33.