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5 Aug 2014, 06:09 (Ref:3441542) | #26 | ||
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I really doubt RBR have any interest in Alonso, they have a lot of really talented juniors! |
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18 Aug 2014, 21:07 (Ref:3445188) | #27 | |
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Luca Marmorini is not happy about the way Ferrari is currently being run. No surprises there then.
http://www.grandprix.com/ns/ns28691.html |
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18 Aug 2014, 23:11 (Ref:3445220) | #28 | ||
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WOW, just plain WOW! This can only work well! |
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1 Jun 2015, 11:54 (Ref:3543745) | #29 | |
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I see Bob Bell has joined Manor. To me that says they are serious about the future as he has been with some of the top teams in F1 over the years.
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1 Jun 2015, 22:10 (Ref:3543995) | #30 | ||
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1 Jun 2015, 22:12 (Ref:3543996) | #31 | ||
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4 Jun 2015, 16:26 (Ref:3544942) | #32 | ||
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Getting ready for a buy out by Renault maybe ?
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4 Jun 2015, 21:42 (Ref:3545005) | #33 | |
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1 Jul 2015, 08:45 (Ref:3555139) | #34 | |
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Mark Smith has joined Sauber as Technical Director, that seems like a good move for Sauber. Smith has formerly been with Jordan, Renault, Red Bull, Force India and Caterham.
http://www.motorsport.com/f1/news/sa...nical-director |
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2 Jul 2015, 03:23 (Ref:3555313) | #35 | |
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I don't see that happening for a few reasons
RB are on record saying they do not use customer engines and that is the position they would be in if Renault formed their own team RB would have a contract with Renault to some date in the future Renault would heave to justify their own equipment performance, would they be prepared to do that? They are French after all so anything is possible. |
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25 Jan 2016, 13:46 (Ref:3607843) | #36 | |
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Pat Fry has joined Manor as an engineering consultant. He will join ex McLaren man Dave Ryan there. He has been with Ferrari, McLaren and Benetton in the past in many senior positions so I am sure he will be of great benefit to Manor.
https://joesaward.wordpress.com/2016...y-joins-manor/ I wonder how long it will be before he moves on to greater and better things elsewhere? |
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25 Jan 2016, 14:05 (Ref:3607848) | #37 | ||
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Manor are looking like a very serious proposition this year. I think Sauber and Toro Rosso should be sweating a bit.
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25 Jan 2016, 14:14 (Ref:3607850) | #38 | |
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The only thing they still seem to be missing a team principal and someone to replace Graham Louden.
Dave Ryan does not appear to be filling either of those roles from what was said when he originally joined Manor. |
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25 Jan 2016, 14:24 (Ref:3607852) | #39 | ||
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Certainly these announcements look very promising, drivers not confirmed yet but one wonders about the budget? It was said on here that they needed drivers to find $24 million so where is the rest coming from? How much FOM money is due this year after no points last year?
Am I wrong in thinking Dave Ryan was linked to Haas at one time? |
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25 Jan 2016, 14:53 (Ref:3607858) | #40 | ||
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Details of the 2014 breakdown can be found here.
Assuming the same allocation is used in 2015, then Manor will have received an estimated $60 million. (very rough calculation) |
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25 Jan 2016, 15:30 (Ref:3607876) | #41 | ||
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Richard |
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To paraphrase Mark Twain... "I'm sorry I wrote such a long post; I didn't have time to write a short one." |
25 Jan 2016, 16:23 (Ref:3607887) | #42 | ||
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09963442 : MANOR RACING LIMITED, formed on Jan 21st 2016. One Director, a solicitor with 31 other Companies.
Manor Grand Prix Racing Ltd is in a voluntary agreement with creditors. Director Stephen Fitzpatrick. Wonder where the 60,000 went to? |
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25 Jan 2016, 16:27 (Ref:3607888) | #43 | ||
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I think a Mercedes power unit and suspension and gearbox from Williams is a pretty good foundation. They'd have to design a barge of a car not to be able to fight at least to get out of Q1. Of course, the pedallers are still to be named. I still hope Wehrlein gets a seat but it's looking increasingly unlikely. Stevens and Haryanto would be my guess.
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26 Jan 2016, 14:18 (Ref:3608124) | #44 | ||
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Quote:
try this: https://beta.companieshouse.gov.uk/c...filing-history |
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devils advocate in-chief and professional arguer of both sides |
26 Jan 2016, 16:34 (Ref:3608175) | #45 | ||
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Yes Bella, then click on the Insolvency link. CVA was agreed in February.. for Manor Grand Prix Racing Ltd.
My quote was from Riskdisk, (Experian) Then please note: Above is a brand new Company just formed Manor Racing Ltd... My point was..where has the $60,000,000 gone to? Last edited by djinvicta; 26 Jan 2016 at 16:49. |
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26 Jan 2016, 16:44 (Ref:3608179) | #46 | ||
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Date of Accounts SORRY, SPACING IS NOT GOOD. ACCOUNTS OVER 3 YEARS For Manor Grand Prix Racing Ltd.
31 Dec 2012 31 Dec 2013 31 Dec 2014 Accounting Standard GAAP GAAP GAAP Currency GBP GBP GBP Number of Weeks 52 52 52 Profit & Loss Account Turnover 28,291,000 60,757,000 26,153,000 Pre-Tax Profit -57,666,000 -12,125,000 -57,415,000 Balance Sheet Total Fixed/Non Current Assets 4,261,000 2,542,000 740,000 Total Current Assets 20,760,000 34,391,000 6,898,000 Total Current Liabilities 158,968,000 43,111,000 66,760,000 Total Long Term Liabilities 0 47,000 0 Total Provisions 0 0 0 0 Total Net Worth -134,600,000 -6,443,000 -122,000,000 Working Capital -138,208,000 -8,720,000 -59,862,000 Last edited by djinvicta; 26 Jan 2016 at 16:50. |
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26 Jan 2016, 16:55 (Ref:3608182) | #47 | ||
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Quote:
the companies house link contains the full information for anyone curious about some proper data. particularly which companies voted against the voluntary agreement! |
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26 Jan 2016, 17:20 (Ref:3608195) | #48 | ||
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The $60 million you refer to, I assume, is the payment from FOM? If so, surely that would be accounted for in the 2015 figures, and would therefore not show in the 2014 accounts.
And Bella, it is curious that although McLaren officially voted against the CVA, the notes state that they did so in error as they actually meant to vote in favour. |
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26 Jan 2016, 18:58 (Ref:3608227) | #49 | ||
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I was referring to crmalcolm's post number 40 here, where he says that Manor will have received $60,000,000.
I was asking where it had gone or is going? To Manor Grand Prix Ltd CVA? (I think not!) Or to the new Manor Racing Ltd? |
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27 Jan 2016, 10:33 (Ref:3608392) | #50 | |
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without knowing exactly what they're going to be using the manor grand prix ltd company for... the way caterham kept a lot of the mess away from the f1 entry was by subcontracting out the f1 team. that always seemed quite smart to me.
what's also interesting to note is that at the same time, a company called manor endurance racing ltd was set up by the same solicitor. |
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