Manor has officially withdrawn from Formula 1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Manor Grand Prix Racing has informed the FIA however that it has officially withdrawn its entry for the 2017 world championship.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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