Manor CEO Graeme Lowdon says the British team has "unfinished business" in Formula 1 but would not be able to return without costs being reduced.
The company was forced into administration almost a year ago after takeover talks collapsed but the team's other motorsport activities continue with a new LMP1 project in the WEC being developed for 2018.
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But F1 is where the dream remains and Lowdon hopes the talked about changes to try and level the financial playing field provide that opportunity.
“If nothing changes — if there is no cost cap and the costs stay the same — then we cannot go back because it’s impossible to race against the big teams," he was quoted by PlanetF1.
“We have heard from the FIA and Liberty (Media) that work is being done to reduce the cost for private teams. In that case, we are interested in returning as both myself and (former Manor team principal) John Booth have unfinished business in F1.”
The team scored points twice in their seven seasons on the grid, first through Jules Bianchi in Monaco in 2014 and then Pascal Wehrlein in Austria two years later.
