Latest News
- Suzuki Motorcycle India Achieves Production of Over 8 Million Two-Wheelers
- Maruti Suzuki Swift Sees Price Hike Across Variants: New Model Launch In May 2024
- Aprilia RS 457 Accessories: A Detailed Look At The Prices
- All About Electronic Stability Control (ESC): Working & Advantages
- The Rezvani Retro RR1 Is A Modified Porsche 911 Done Right
- Google Maps To Ease EV Charger Finding With Latest Updates
- India's UDAN Scheme Offers Air Travel Fares As Low As Rs 150
- Kerala Spearheads Revival Of Iconic Double-Decker Trains In India
- Upcoming Force Gurkha 5-Door Latest Teaser Confirms Seating Layout & New Features – All Details Here
- Unprecedented Rainfall In Dubai Disrupts Daily Life & Raises Infrastructure Concerns
Formula One: Manor Racing Shuts Down
Manor Formula One Team has shut down before the 2017 season after failing to secure funds.
Formula One is no doubt an expensive form of motorsport, as teams without right or enough funds are forced to close down. One such example is Manor Racing, which has shut down after failing to find a buyer ahead of the 2017 season.
The team went into administration earlier this month with hopes of securing funds. The team did manage funds, however, it was used to pay salaries to the Manor Racing Team staff.
The administrators ceased trading Just Racing Services, Manor's parent company. This ultimately forced Manor to shut down. An emotional team managed to share an image of what the 2017 F1 car would look like.
Geoff Rowley, one of the Administrators explained: Operating and running a F1 team to the high standards demanded 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."
If Formula One is not your cup of tea, and you prefer fast motorcycles, then the Ninja H2R will be of particular interest to you. Take a look at the image gallery below.
Most Viewed Bike Image Gallery