FIA hands back Manor's F1 2017 entry fee
21 November 2017 – The FIA has reimbursed Manor Racing's entry fee for the 2017 Formula 1 season as a "gesture of goodwill" to aid administrators in paying off the team's debts.
Manor competed in Formula 1 between 2010 and 2016, under several different guises, and lodged its entry for the 2017 campaign, but entered administration in January.
Despite attempts to rescue the squad, it officially collapsed at the end of the same month, and its assets were auctioned off later in the year.
Under Formula 1 regulations, Manor paid the base entry fee of $516,128, plus an additional $5,161 for the point earned by Pascal Wehrlein at the Austrian Grand Prix.
On Monday, the FIA announced that its entry fee, minus the governing body's administrative costs, has been handed back.
"The Fédération Internationale de l'Automobile (FIA) has returned the entry fee paid by Manor Grand Prix Racing Limited in November 2016 in order to be able to participate in the 2017 FIA Formula One World Championship," read an FIA statement.
"Just Racing Services Limited, the company within the Manor Group responsible for servicing the team went into administration in January of this year and ceased trading later that month.
"Consequently, the team did not take any part in the 2017 Championship.
"The FIA has therefore decided to return the entry fee, less the administrative costs incurred by the Federation as part of the entry process, to the entity within the Manor Group in administration as a gesture of goodwill to assist in payment of outstanding debts."