America’s Hellmund interested in Manor


Manor could race under new ownership next season as American businessman Tavo Hellmund is interested in buying the team.

Hellmund, who helped bring the Mexican GP back to the F1 calendar and the US GP to Texas, is part of an investor group that looking to purchase a controlling stake in the backmarker team.

According to the Austin American-Statesman newspaper he has a '60-day window for that to happen'.

Hellmund told the publication: "I think if we get to late January or February, it may be too late, and my partners and I would probably lose interest."

He added: "It would never be our goal to compete with the manufacturer teams. We're never going to spend $400 million a year like Mercedes, Red Bull, Ferrari and McLaren.

"But we think you can run it respectably and not be in the red. I think you can fight for fifth."

As for his possible driver line-up, while he would like to put NASCAR's most popular driver Dale Earnhardt Jr in one seat the other would go to Alexander Rossi.

"He has the resume," he said.