Manor into Administration...again

Photo: Associated Press

It's official: Manor have entered administration (bankruptcy) for the second time in three offseasons, casting the team's future into further uncertainty.

The team's predecessor, Marussia F1 Team, also entered administration after the 2014 season before being rebranded at the eleventh hour, starting 2015 as Manor Marussia F1 Team. In 2016, the constructor became known as Manor Racing MRT.

Manor were poised to finish tenth in the Constructors' Championship this season after Pascal Wehrlein's top-ten finish in Austria. However, Felipe Nasr's ninth-place run in Brazil for Sauber bumped Manor into eleventh and cost the team millions of pounds in prize money.

At this point, I'm confident Manor can still find an investor to save their place on the grid next season. They've done it before, after all, and considering they've been working on their 2017 car since last January, it would really be a shame if they weren't a part of F1 next year.