The team was handed over to administration in early January by former owner Stephen Fitzpatrick. Attempts were made to find a buyer to save Manor Racing for the upcoming Formula 1 season but with no conclusion.
Personally, I think this is sad news for Formula 1. Because you've got a team leaving F1 that means we're down to twenty drivers, and ten teams not a lot of opportunity for drivers and mechanics now with the grid reduced. Also, I believe most of the F1 fans do love the underdog teams, which includes myself with the teams like Minardi, Super Aguri and Jordan from the past.
A sad day for Formula one for the lost of Manor Racing.
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