Report: Manor making progress in talks to make start of F1 season

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Manor Racing has made progress in talks with a possible investor as it bids to make the grid for the start of the 2017 Formula 1 season, according to a report from BBC Sport.

Manor confirmed at the beginning of the month that it had entered administration for the second time in three years amid ongoing financial difficulties.

The backmarker team finished 11th in last year’s constructors’ championship, dropping behind Sauber at the penultimate round and missing out on a sizeable amount of prize money as a result.

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.

Three-time W Series champ Jamie Chadwick joining Andretti in Indy NXT Series for 2023

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Jamie Chadwick, the three-time W Series champion, will drive for Andretti Autosport in the Indy NXT Series next season.

Chadwick will make her debut in an American racing series in March, driving the No. 28 for Andretti Autosport with sponsorship from DHL. The 24-year-old will become the first female driver in 13 years to compete full time in the Indy NXT championship.

Chadwick joined the female free-to-enter W Series in its inaugural 2019 season, winning two races and the first of three consecutive championships. She has been a reserve driver for the Williams Formula One team and will continue in that role in 2023. She also has driven in the Extreme E Series.

Despite her success, Chadwick hasn’t landed a bigger ride in F3 or F2, and her break didn’t come until Michael Andretti contacted her and offered a test in an Indy NXT car.

The final three races of this year’s W Series schedule were canceled when funding fell through, but Chadwick still believes the all-female series was the right path for her.

“W Series has always been and will continue to be an opportunity to be racing for every female driver, so for my side, I looked at it while perhaps I would have liked to step up maybe earlier, at the same time being able to have that chance to race, get that experience, have that development, seat time… I was constantly learning,” Chadwick told The Associated Press.

“In that sense, I wasn’t frustrated at all. But on the flip side of it, now I’ve had that experience testing in the United States in Indy NXT and this is something I’m really excited about.”

Chadwick also is expected to have an enhanced role as a development driver next season with Williams, which chose American driver Logan Sargeant to fill its open seat on next year’s F1 grid.

“Andretti Autosport is proud to be supporting Jamie alongside DHL,” said Michael Andretti. “Jamie’s successful career speaks for itself, but Indy NXT gives Jamie the opportunity to continue her development in a new type of racing.

“We’ve turned out five Indy NXT champions over the years and look forward to continuing our role in developing new talent.”

Indy NXT is the new name of the rebranded Indy Lights Series, the final step on the ladder system before IndyCar.

Andretti will field two drivers next season in IndyCar that were developed in Indy NXT: Kyle Kirkwood, the 2021 champion, will return to Andretti after one season in IndyCar driving for A.J. Foyt Racing, and Devlin DeFrancesco is back for a second season.

Chadwick will be teammates in Indy NXT with Hunter McElrea and Louis Foster. She becomes Andretti’s second full-time female driver alongside Catie Munnings, who competes for Andretti United in the Extreme E Series.