News Details
Hellmund: We had agreed to terms to buy Manor
The rescue of Manor nearly happened according to businessman Tavo Hellmund who led a consortium in a bid to takeover the struggling backmarker team, but all the efforts to save the team came to naught. Hellmund, a key figure in securing the United States Grand Prix in Austin, told F1i, “At one point we had agreed to terms. We made two stabs at it. We offered 22 million pounds a year and one-half ago. The first go-round, we were even going to involve Anthony Hamilton, Lewis’ dad.' “We were looking to form a partnership with one of the big manufacturers, Mercedes or Honda. We had conversations with both. That way you can get motors — discounted motors — and get a driver.' Hellmund...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
How to bet on Formula 1
While NASCAR may be the most popular form of motor racing in the United...
8y ago from PlanetF1.com
Hellmund laments lost opportunities to rescue Manor
XPB Images
Long linked to a potential deal to bail out the...
8y ago from F1i.com
Manor F1: Team fold after administrator fails to find...
The Manor team have collapsed after administrators failed to find a buyer...
8y ago from BBC.co.uk
Manor collapse 'a failure of the F1 system' - Minardi
XPB Images
Former Formula One team owner Giancarlo Minardi has...
8y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Why Aprilia boss is "disappointed" about not...
No description available...
14h ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
1d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
2d ago from Motorsport.com
Trackhouse Aprilia launches two liveries ahead of 2026...
Trackhouse Aprilia satellite team has launched its two new liveries in...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar penalizes Abel Motorsports for rig testing
No description available...
10h ago from Motorsport.com
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
16h ago from MotorsportWeek.c...
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
18h ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
17h ago from Motorsport.com
Popular On TotalWRC.com
WRC Monte Carlo: Oliver Solberg moves clear of the...
No description available...
9h ago from Motorsport.com
Solberg sensational in the snow (and slush, and rain)
Oliver Solberg and Elliot Edmondson, making their debut as full-time...
12h ago from MotorsportWeek.c...
FIA offers update on new WRC commercial rights holder...
No description available...
13h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
17h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal hold talks to discuss move to sign...
Arsenal are investigating a move for former Manchester City star Julian...
24m ago from SportsKeeda.com
Mikel Arteta tells these Arsenal players 'they have to...
Arsenal manager Mikel Arteta has explained that his bigger squad this...
8h ago from CaughtOffside.com
Arsenal and Man United exploring move for...
Arsenal and Manchester United are reportedly exploring a potential move...
8h ago from CaughtOffside.com
Carrick's Man Utd aiming to 'prove' themselves as...
Manchester United head coach Michael Carrick is relishing the opportunity...
8h ago from SkySports.com
Comments
Hottest News
'The new regulations demand innovation,' claims Wolff after...
Mercedes has presented the first images of its... Read More »
1h ago from F1Technical.net
Adrian Newey 'furious' about latest FIA ruling
F1 design legend Adrian Newey has reportedly been... Read More »
10h ago from GPFans.com
2026 Daytona 24 Hours start time today
The Daytona 24 Hours takes place today! Here is... Read More »
1h ago from RacingNews365.com





























