Manor owner Stephen Fitzpatrick says losing tenth place in the constructors' championship does not jeopardise a future investment deal in the team.

At the end of November, Fitzpatrick confirmed he has had agreed terms with an investor to bring fresh funding to Manor, with American businessman Tavo Hellmund linked with a takeover. Hellmund declared his interest in purchasing the team in 2015 and is understood to be one of the investors Fitzpatrick has been talking to.

With Fitzpatrick saying talks were ongoing for over six months, Manor's constructors' championship position changed in that time as it lost tenth place to Sauber at the penultimate race of the season. However, the team's owner insists any deal was negotiated with that scenario in mind.

"It doesn’t help financially but the terms of our agreement have been… refinalised, let’s say," Fitzpatrick said. "It was clear that in tenth place with one point on the board, two races left, that there are lots of scenarios and you plan for those in advance, so, from my point of view it’s disappointing but it’s not unexpected – or at least not a surprise."

Fitzpatrick added the loss of tenth place was "not a deal-breaker", although a final announcement regarding the fresh investment has yet to be made.

Manor currently has two seats available for 2017, with Esteban Ocon having joined Force India and Pascal Wehrlein in talks with Sauber before being linked to the vacancy at Mercedes following Nico Rosberg's shock retirement.

Jorge Lorenzo: When a two-wheel champion tests a Mercedes

Silbermann says ... Ignore Flavio, get Alonso in

INTERVIEW: Stoffel Vandoorne: The long wait is over

TECHNICAL: Under the skin of the Force India VJM09

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

Leclerc uncovers key behind Hamilton’s historic success in F1

Charles Leclerc has lifted the curtain on life alongside Lewis Hamilton at Ferrari – and…

36 minutes ago

Montoya warns F1 - tears into ‘so boring’ V8 nostalgia

Juan Pablo Montoya has delivered a savage warning to Formula 1 over any rush back…

2 hours ago

McLaren’s Brown reveals ‘worst experience’ of racing career

Zak Brown has lived through boardroom battles, Formula 1 chaos, sponsor dramas and high-stakes racing…

19 hours ago

Perez urges Cadillac to ‘find performance’ or risk being left behind

Cadillac’s first Formula 1 campaign may have shown flashes of promise, but Sergio Perez has…

20 hours ago

A costly last lap fumble from Black Jack in Monaco

On this day in 1970, in the prestigious Principality of Monaco, Jack Brabham was setting…

22 hours ago

BMW ends 27-year wait with stunning Spa masterclass

BMW tore up the FIA WEC script on Saturday at Spa-Francorchamps. Starting only 10th and…

22 hours ago