News Details
Caterham threatens action against Fernandes
Caterham F1 Team
The situation at Caterham has taken another turn as new owners have threatened to take legal action against Tony Fernandes after they claimed that the shares have not been transferred.
It was announced in July that Fernandes was selling his squad to a group of Swiss and Middle Eastern investors but the new owners claim that the current situation, in which administrators have been called, has had a 'devastating effect' on the Formula 1 team.
Caterham released a statement late on Wednesday to clarify the situation at the Leafield-based squad.
"On 29 June 2014, Caterham Enterprises Ltd, Caterham (UK) Ltd and Sheikh Mohamed Nasarudin (Seller) and their shareholders Tony...
Full Story »
Full Story »
11y ago from F1Zone.net
0
You May Also Be Interested In...
Fernandes sells Caterham GP2 team
Tony Fernandes
Malaysian entrepreneur Tony Fernandes has completed his...
11y ago from GrandPrix247.com
Tony Fernandes sells Caterham GP2 outfit to Status GP
Tony Fernandes sells Caterham GP2 outfit to Status GPPosted On 17 Oct...
11y ago from ThisIsF1.com
Fernandes sells Caterham GP2 team
Fernandes has completed his exit from top open-wheeler racing by selling...
11y ago from GrandPrix.com
Caterham F1 owners unable to fund company
The current owners of Caterham “have been unable to fund” a company...
11y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
No new Yamaha MotoGP engine until after French GP,...
No description available...
4h ago from Motorsport.com
Aprilia on dominant MotoGP start: 'Ducati isn’t...
No description available...
1d ago from Motorsport.com
Fermin Aldeguer to attempt MotoGP comeback in Brazil...
No description available...
1d ago from Motorsport.com
Davide Tardozzi: Ducati 'slapped in the face' by...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Chip Ganassi praises current health of IndyCar
Long-time team owner Chip Ganassi feels IndyCar is currently in one of...
16h ago from MotorsportWeek.c...
Andretti boss: “I don’t think anything’s a...
No description available...
19h ago from Motorsport.com
Winners and losers from the 2026 IndyCar season-opener...
No description available...
2d ago from Motorsport.com
Mick Schumacher’s IndyCar debut returns him to the...
Mick Schumacher began his IndyCar career this past weekend, competing in...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Hyundai WRC team is "working at 120 per...
No description available...
21h ago from Motorsport.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
3d ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
“Chelsea gave me what was difficult for me to get at...
Former Chelsea and Arsenal star Cesc Fabregas has opened up on his wish to...
2h ago from SportsKeeda.com
“I am sure” - Ex-Spurs manager Harry Redknapp...
Former Tottenham Hotspur boss Harry Redknapp reckons Arsenal are going to...
2h ago from SportsKeeda.com
Sources: Four elite clubs 'interested' as 100m Arsenal...
I’m aware there has been a report doing the rounds about Arsenal...
3h ago from CaughtOffside.com
A blend of Busquets, Kroos & De Bruyne: Arsenal...
Arsenal and Manchester United are reportedly eyeing up Hertha BSC...
4h ago from CaughtOffside.com
Comments
Hottest News
Honda lost most of its Formula 1 qualified staff and didn't...
Adrian Newey said Aston Martin was blindsided by... Read More »
3h ago from GrandPrix247.com
Max Verstappen reveals Red Bull 'reality' after severe car...
Max Verstappen caused damage to his Red Bull... Read More »
1h ago from RacingNews365.com
F1 2026 Australian Grand Prix – FP2 results
Oscar Piastri ended Friday on top of the times... Read More »
7h ago from MotorsportWeek.com
