With a little over one month to go until the start of pre-season testing, Manor faces a race against time to keep racing, but the latest report from BBC Sport suggests that a breakthrough has been made.
Andrew Benson writes that the future of the team is dependent on the promised investment arriving in the next week, noting that “prospects have improved considerably over the last few days”.
Manor had previously been in talks with Mexican-American businessman Tavo Hellmund over a buyout, as well as a Chinese consortium. The report from BBC Sport also names Indonesian businessman Ricardo Galael, the father of GP2 racer Sean Galael, as a possible suitor for the team.
NBC Sports learned last week that the team is pushing to race with a modified version of its 2016 car – likely to be named the MRT05B – should it make the grid in 2017.
If Manor fails to find a buyer, the F1 grid will drop back down to 10 teams for the 2017 season, returning to its pre-2016 level prior to the arrival of Haas.
NBC Sports has approached Manor’s administrators, FRP Advisory, for comment.
Much would need to be worked out, starting with how much garage and grandstand access would be afforded for a 2021 season opener that likely would occur during a still ongoing novel coronavirus (COVID-19) pandemic.
He was a spectator (with racing legend Mario Andretti) at four-time champion Jeff Gordon’s final Cup race as a full-time in the 2015 season finale at Homestead-Miami Speedway. In 2011, Hamilton swapped cars with three-time champion Tony Stewart at Watkins Glen International.
Having rubbed shoulders with other racing greats so often, it only would be fitting if Hamilton — who is one victory from tying Michael Schumacher’s career record and also could tie the F1 record with a seventh championship this season — spent some time with the greatest basketball player of all time.