Manor Marussia confirm participation in 2015 season

The team told reporters at a briefing on Wednesday that plans remained on course for them to have two cars at next week's Australian season-opener with mandatory crash tests scheduled for this week.

Manor Marussia’s involvement takes the grid up to 20 cars. Britain's Will Stevens will be one of the drivers, with the second yet to be named.

"We've all worked incredibly hard to get the car ready for Melbourne and the season ahead," said new investor Stephen Fitzpatrick in a statement.

"Our fans have given the team amazing support for many years and we want to restore Manor to the very best of racing in the future. I have a lifelong passion for Formula One and can't wait for the season ahead, with Manor and the team."

Marussia went into administration and missed the last three races of 2014, but still finished ninth overall in the championship.