Ferrari team principal Maurizio Arrivabene has told Manor it will not wait on payments this year following the demise of Marussia.

Manor was present at the Australian Grand Prix but never made it on to the track at Melbourne as it was unable to prepare its cars to run in time. The former Marussia team only exited administration in late February, with Ferrari the main creditor following last year's financial problems.

Asked how satisfied he was with the deal agreed with Manor regarding the money owed, Arrivabene says Ferrari is dealing with Marussia and Manor as two separate companies but warned the latter it would not be allowed to fall behind on payments.

"We don’t have to mix up things," Arrivabene said. "Last year, we deal with one company, and we are still working to get back our money as everybody knows. Now we are dealing with a new company so it’s a completely different story.

"We are doing our job now to support them, also because they showed to us they stick to what is agreed into the contract and they are serious on the project. Otherwise, I said to Graeme [Lowdon] in a very simple way, and he remembers, I think: 'guys, we are more than open to help you, but no money, no honey.'"

Click here for the full gallery from the Australian Grand Prix

Keep up to date with all the F1 news via Facebook and Twitter

Andrew Lewin

Andrew first became a fan of Formula 1 during the time when Michael Schumacher and Damon Hill were stepping into the limelight after the era of Alain Prost, Nigel Mansell and Aryton Senna. He's been addicted ever since, and has been writing about the sport now for nearly a quarter of a century for a number of online news sites. He's also written professionally about GP2 (now Formula 2), GP3, IndyCar, World Rally Championship, MotoGP and NASCAR. In his other professional life, Andrew is a freelance writer, social media consultant, web developer/programmer, and digital specialist in the fields of accessibility, usability, IA, online communities and public sector procurement. He worked for many years in magazine production at Bauer Media, and for over a decade he was part of the digital media team at the UK government's communications department. Born and raised in Essex, Andrew currently lives and works in south-west London.

Recent Posts

Alonso pushed through agonizing pain to complete Sao Paulo GP

Fernando Alonso braved both physical agony and mechanical challenges in the Sao Paulo Grand Prix,…

10 mins ago

Alpine double-podium in Brazil could deliver $30 million windfall

Alpine’s remarkable double podium at the São Paulo Grand Prix with Esteban Ocon and Pierre…

15 hours ago

F1i's Driver Ratings for the 2024 São Paulo GP

Alexander Albon, Williams (Did Not Start): 5.5/10 Alex Albon is definitely going through something of…

16 hours ago

Jos Verstappen rips British media after Brazilian Max fest

Jos Verstappen wasted no time after his son spectacular win at the São Paulo Grand…

18 hours ago

Leclerc left with ‘mixed feelings’ after disappointing Sao Paulo GP

Charles Leclerc's weekend in Sao Paulo was unfortunately a stark contrast to Ferrari's recent triumphs…

19 hours ago

Back when Kimi knew exactly what he was doing

Twelve years ago on this day, Kimi Raikkonen took a popular win at the 2012…

21 hours ago