F1 Abu Dhabi GP: Manor boss 'agrees terms' with new investor

Manor Racing is set to receive a financial boost from a ꦐfresh investor after current owner Stephen Fitzpatrick confirmed talks have now reache🏅d an advanced stage.
Manor CEO Thomas Mayer revealed the team could be in line for a takeover from a new majority shareholder over the Brazilian Grand Prix, with owner Fitzp𒆙atrick - who assumed control of the minnow team at the end of the 2014 season - confirming that terms have been agreed.
Indeed, Fitzpatrick says he was always open to the possibility of a majority investor coming in to bolꩲster the team's fortunes, but declined to ꦬgive specific details.
"I c🥃an't talk too much about the specifics but we have been in discussions with several investors, well, for the last six months leꩲt's say. One of the things I was quite clear on, right from the start, was that I accepted that in the current F1, money equals performance.
"Anything that wဣas going to bring more funding to the team and help the team develop and progress I was very open and if that meant bringing another investor, even a majority investor, hat was something I was happy to do.
"We have agreed terms wit⛄h an investor at the moment and we are still working through that and I can't really talk more about the specifics."
Manor's financial security was dealt a blow last time out in Brazil after rivals Sauber scored points at Interlagos. The result means Sauber goes ahead of Manor in the constructo𓂃rs' standings, a position swap worth millions in prize money.