Manor chief executive officer Graeme Lowdon says no final decision has been made on drivers for 2016 and says the team's options are 'completely open'.

After being pulled back from the brink of going out of business at the start of the season Manor Racing heads into an intriguing new era next year after confirming it has secured supply of the latest specification Mercedes power unit while Williams will provide the transmissions system for its all-new chassis.

It has been speculated that the new Mercedes engine deal could also see the German manufacturer's F1 test driver and DTM championship leader Pascal Wehrlein join Manor in Formula 1, while Alex Rossi, Roberto Merhi and Will Stevens are also in contention for a full-time drive.

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Lowdon says the decision on who will drive for Manor in 2016 will be made towards the end of the ongoing season and is feeling galvanised by his team's progress over the course of the year.

"The field is completely open," Lowdon said. "It's not easy for any driver to get into Formula One at the minute and there are some quite good drivers looking to do that but also the grid is pretty full at the moment. We have drivers that we need to focus on for this year as well. Decisions on drivers for us will come much later in the season.

"From 12 months there's an awful lot happened in the team. We've been very much rebuilding. This year has very much been very much about getting back to really where we were probably about a year and a half ago.

"This new agreement with Mercedes AMG HPP and also with Williams, who obviously we have worked with before in the past and had a very successful relationship with, gives us the chance to really get back into the pack and get back to racing, which is what we want to do."