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Racer Rio's contract terminated by Manor
Formula 1 team Manor Racing decided to end the contract with one of its racers, Indonesian Rio Haryanto, on Wednesday because Rio could not fulfill his contractual obligations.
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Manor F1 driver Rio Haryanto from Indonesia waits for a testing session to start at the Catalunya racetrack in Montmelo just outside of Barcelona, Spain, on Wednesday, Feb. 24. (AP Photo/Siu Wu)
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ormula 1 team Manor Racing decided to end the contract with one of its racers, Indonesian Rio Haryanto, on Wednesday. Manor Racing ended the contract because Rio could not fulfill his contractual obligations.
“Manor Racing today announced that it has taken the decision to terminate Rio Haryanto’s contract after he was unable to meet his contractual obligations,” Manor said in a release on its website.
But Manor has offered Rio a “reserve driver” role for the remaining nine rounds of the 2016 FIA Formula 1 World Championship, to “keep his Formula 1 dream alive.”
Racing director Dave Ryan said in the release: “Some time ago, his management indicated that they were experiencing difficulties honoring the obligations of that contract beyond the Hungarian Grand Prix."
From the €15 million listed in the contract with the British-based racing team, Rio has fulfilled only €7.5 million, with biggest backer being state-owned oil and gas company PT Pertamina, which gave €5 million. (evi)
