Manor has officially withdrawn from Formula 1

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No white prince or last-minute saviour showed up at the Manor unfortunately to save the minnow F1 outfit from its permanent demise.

Despite the company operating the team going into administration in January, recent ongoing talks with various parties sustained a small hope of preservation.

Manor Grand Prix Racing has informed the FIA however that it has officially withdrawn its entry for the 2017 world championship.

Perhaps the only silver lining here will be Liberty Media's realisation that structural changes are necessary to insure the financial viability of the teams operating at the bottom of the grid.

Something Formula 1 sporting director Ross Brawn agrees with.

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Phillip van Osten

Motor racing was a backdrop from the outset in Phillip van Osten's life. Born in Southern California, Phillip grew up with the sights and sounds of fast cars thanks to his father, Dick van Osten, an editor and writer for Auto Speed and Sport and Motor Trend. Phillip's passion for racing grew even more when his family moved to Europe and he became acquainted with the extraordinary world of Grand Prix racing. He was an early contributor to the monthly French F1i Magazine, often providing a historic or business perspective on Formula 1's affairs. In 2012, he co-authored along with fellow journalist Pierre Van Vliet the English-language adaptation of a limited edition book devoted to the great Belgian driver Jacky Ickx. He also authored "The American Legacy in Formula 1", a book which recounts the trials and tribulations of American drivers in Grand Prix racing. Phillip is also a commentator for Belgian broadcaster Be.TV for the US Indycar series.