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.”
After his Anaheim 2 crash, Eli Tomac was surprised he was not injured, but despite getting knocked down momentarily, he picked himself up, rode to last week’s win and reascended to the top of the SuperMotocross Power Rankings after Houston. This is the third time in three weeks Tomac has topped the rankings.
Last week, Tomac finished second in his heat before winning the Main – and that translated to near-perfect points in the Power Rankings, which award 100 for a win in the feature and 90 for a heat victory. Tomac’s average was marred by the Houston accident when he finished 13th in that heat before settling just outside the top five in overall standings. Racing is about bouncing back and last year’s Supercross and Motocross champion Tomac did just that as he chases a third consecutive title.
Jason Anderson earned his second consecutive podium finish with a third at Houston. He momentarily rolled past Aaron Plessinger into second during a restart following an accident involving Dylan Ferrandis and held that position for four trips around the track until he was tracked down by Chase Sexton. Afterward Anderson faded and finished 12 seconds off the pace, but along with a heat win, he easily leapfrogged Ken Roczen and Cooper Webb, who struggled in the fourth race of the season.
Webb held his position by passing Roczen in NBC’s SuperMotocross Power Rankings after Houston. Webb has been solid in 2023 with a worst moto result of seventh in the first Triple Crown race at Anaheim 2, but in order to be considered a solid challenger to Tomac he needs to win either a heat or main this week in Tampa.
Roczen was involved in the incident that sidelined Ferrandis in Houston. Racing for eighth at the time, his bike may have sustained some damage when Ferrandis landed on his back tire, but he was not overly impressive in his heat either with a fifth-place finish. That was enough to drop him three positions in the standings, but he still has Tomac in sight.
After his disappointing heat in San Diego when he crashed and sustained enough damage to place him last, Sexton has roared back. He won the overall in Anaheim 2’s Triple Crown format and narrowed the points’ gap slightly on Tomac. Last week he yarded the field in his heat race and won by a wide margin. A modest start in the Main kept him from getting to Tomac’s back wheel early in the Houston round, and he lost a little ground in the championship.
The 250 East division debuted in Houston and with only one race – and therefore no chance yet to stumble – three of their riders jumped to the top of the chart.
Hunter Lawrence had a perfect week with wins in both his main and heat. It wasn’t without drama, however, as he was forced to jump wide early in the feature to avoid contact with Tom Vialle, who was making his Supercross debut. Without a former 250 champion in the field, it is guaranteed someone new will grace the top of the box at Salt Lake City after the season-ender and it looks like it’s going to be Lawrence’s to lose.
It was more than four years ago that Jordon Smith scored his last Supercross podium in Detroit. Despite finishing second that afternoon, he was battling a wrist injury that eventually sidelined him. More injuries have followed, but Smith was a favorite to win the title in 2019 and he’s shown how well he can ride when he’s healthy.
Debuting third in the Houston SuperMotocross Power Rankings, Max Anstie moved from the 450 class last year to 250s in 2023 and the change has gone better than he anticipated. Finishing second in both his heat and main, Anstie was edged by Smith because he finished second behind that rider in their heat. That is Anstie’s first top-10 since finishing sixth at Southwick, Massachusetts last year on his 450. In that race, he scored fifth-place results in both motos.
Haiden Deegan proved the hype surrounding his graduation into the 250 class was well deserved and he landed fourth in his division and fifth overall in the SuperMotocross Power Rankings. In his first professional Supercross race, he finished fourth in his heat. In a field with twice the talent, he finished fourth again in the main. At Houston, he balanced aggression with patience. Now that he has a taste of that success, everyone will be watching him closely at Tampa to see if he can continue tiptoeing on the line.
Michael Mosiman, Jeremy Martin, and Vialle are tied for fifth in the 250 East division and seventh overall.
Vialle is the most notable of these three because he challenged for a podium position during the Main before making a mistake and falling in a turn. Significantly, this was not only his 250 debut, but his first time in Supercross. As with Deegan, he has generated a lot of attention for the coming weeks.
Hunter Lawrence – E
[1 Main; 1 Heat Win]
Jordon Smith – E
[1 Heat Win]
Max Anstie – E
Jett Lawrence – W
[2 Main; 2 Heat Wins]
Haiden Deegan – E
Cameron McAdoo – W
[1 Heat Win]
Mitchell Oldenburg – W
Michael Mosiman – E
Jeremy Martin – E
Tom Vialle – E
Stilez Robertson – W
[1 Heat Win]
Chance Hymas – E
Levi Kitchen – W
[1 Main Win]
RJ Hampshire – W
[3 Heat Wins]
Max Vohland – W
Cullin Park – E
Chris Blose – E
Derek Kelley – W
Enzo Lopes – W
Pierce Brown – W
* The NBC Power Rankings assign 100 points to a Main event winner and 90 points for each Heat and Triple Crown win, (Triple Crown wins are included with heat wins below the rider’s name). The points decrement by a percentage equal to the number of riders in the field until the last place rider in each event receives five points. The Power Ranking is the average of these percentage points over the past 45 days.