News Details
Kate Walker: What now for Caterham?
After months of rumour and speculation this week it was confirmed that Tony Fernandes had sold the Caterham Formula One team to a mystery consortium currently being represented on the pit wall by Colin Kolles and Christijan Albers. While little about the details of the sale is currently in the public domain, the story is an odd one. To begin at the very beginning, the origins of the sale of the Caterham F1 team pre-date the team's arrival in the sport. As was the case with all of 2010's new arrivals, Caterham signed up for a sport with an incoming budget cap and found themselves in the middle of a financial arms race they were completely unequipped for. Making matters more complicated for...
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