It is very sad to have to report the news that Manor Grand Prix Racing Ltd has ceased training and the 200 staff have been made redundant. This means that the Formula 1 entry held by the team will now cease to exist and no team can be built from the ashes, unless an entry can be obtained from elsewhere. This seems unlikely as the investors who had been looking at buying into the team seem to have decided against that route. The administrators say that “with no sustainable operational or financial structure in place to maintain the group as a going concern” they had no choice but to close the company. The failure of the team is in part due to system in place in Formula 1, but also due to the fact that the Russian owner stopped paying some time ago but refused to agree a price to sell the team to new investors. This is one of the problems that occurs when people without a passion or the sport come and dabble in businesses that they know little or nothing about – and do not have the passion of racing people. The remaining assets of the team will be sold in an effort to pay off the team’s creditors.