2012 YEAR IN REVIEW

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  • Motor racing-Manor Marussia set for Australia under new owner

    (Adds details, quotes) By Alan Baldwin LONDON, March 4 (Reuters) - Former Sainsbury's chief executive Justin King has been appointed interim chairman of the revived Manor Marussia Formula One team as they prepare for a remarkable comeback in Australia next week. With OVO Energy founder Stephen Fitzpatrick coming to the rescue as principal investor, and effective owner, Marussia told reporters at a briefing on Wednesday that plans remained on course for them to have two cars racing in Melbourne. "We are ready to go racing," said team president and sporting director Graeme Lowdon, who will run Manor with principal John Booth just as they did the former Marussia outfit. Fitzpatrick said King, seen by some as a possible successor to F1's 84-year-old commercial supremo Bernie Ecclestone, had declined an invitation to buy half the team but was involved in an advisory capacity.

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