Manor F1 future under threat after administrators are called in

Updated: 

Manor's operating company entered administration on Friday, putting the team's Formula One future in serious doubt.

Administrators FRP Advisory LLP revealed the Oxfordshire-based team has a "very limited window of opportunity" to be rescued, with the F1 season starting in Australia on March 26.

The administrators were called in at Just Racing Services Limited (JRSL) , which operates the team, but Manor Grand Prix Racing Ltd, the sister company of JRSL - which has the rights for the team's participation in the sport - is not in administration.

No redundancies have been made and the staff have been paid up to the end of last month.