After months of rumors the team finally confirmed that they are indeed in negotiations with the potential buyers.
Speaking to Autosport, Manor CEO Thomas Mayer said: “I can confirm that we are in discussions with a third party to acquire a majority shareholding in the team.
“There isn’t much more that I can say at the moment but these are advanced-stage discussions and I hope we will have some positive news very soon.”
The current owner Stephen Fitzpartrick (above looking very dashing) will be making a rare appearance at this weekends Grand Prix and will be taking part in the team principles press conference so hopefully he will go into a little bit more detail. Not much is known about the potential new owners other than that the favor the Force India model of building up a F1 team. Additional revenue will be required at the team as it now looks set to lose out on eleven million dollars worth of prize money after Sauber leaped above Manor in the constructors championship in Brazil.
We imagine that no announcement regarding the teams driver line-up will be made until the negotiations have been concluded. It is anticipated the Manor Racing name will be retained, at least in the short term.