News Details
Caterham buyer says Fernandes still owns team
+ Caterham’s buyer Engavest insists that despite fulfilling its end of the purchase, Tony Fernandes failed to transfer shares following his sale of the team in June, and therefore remains responsible for the outfit.
Caterham released a strongly worded statement on Wednesday evening claiming Fernandes had failed to transfer the relevant shares to the new buyers following the team’s sale ahead of the British Grand Prix.
This prompted the Malaysian to tweet: 'If you buy something you should pay for it. Quite simple.'
However, Envagest, the Swiss-based buyer of Caterham, released a statement on Thursday insisting that it had fulfilled all the conditions of its agreement with Fernandes....
Full Story »
Full Story »
11y ago from RichlandF1.com
0
You May Also Be Interested In...
Caterham buyer insists they've met all obligations
Caterham's new management team insist they have honoured all agreements...
11y ago from TheF1Times.com
Caterham F1 buyer says Fernandes remains owner
Caterham F1 Team
Caterham's new buyer insists that it has adhered to all...
11y ago from F1Zone.net
Buyer says Fernandes still owns Caterham F1
– The consortium that purchased Caterham at the end of June has...
11y ago from GPUpdate.net
Caterham bosses threaten to quit Formula 1 as it...
Caterham's new 'owners' have threatened to quit the team and the sport...
11y ago from TheF1Times.com
Elsewhere On The Network
Popular On MGPToday.com
What happened at MotoGP’s official season launch in...
No description available...
16h ago from Motorsport.com
Yamaha: ’2026 MotoGP bike not performing badly but...
No description available...
21h ago from Motorsport.com
Honda’s Joan Mir believes Ducati has given rivals a...
No description available...
1d ago from Motorsport.com
How Ducati sent a warning to its MotoGP rivals at...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
McLaren eyes Fernando Alonso reunion to complete...
Zak Brown has said he will "continue to bug" Fernando Alonso to...
12h ago from MotorsportWeek.c...
Arrow McLaren unveils liveries for 2026 IndyCar...
Arrow McLaren has taken the wraps off its trio of challengers for the...
3d ago from MotorsportWeek.c...
Zak Brown “would love” Indy 500 reunion with...
No description available...
2d ago from Motorsport.com
Arrow McLaren officially opens doors to new home in...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
2d ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
4d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Chelsea and Arsenal set for 90m tug-of-war over South...
Julian Alvarez continues to be linked with a move to the Premier League in...
41m ago from CaughtOffside.com
'We still have to win so many games' - Mikel Arteta...
Mikel Arteta said Arsenal’s nine-point gap at top of the table means...
1h ago from SportsKeeda.com
Arsenal fans will love what Martin Zubimendi was...
Martin Zubimendi was on the target for Arsenal for the second successive...
10h ago from CaughtOffside.com
Alvarez up front, no Odegaard: Arsenal's stunning...
Arsenal's XI next season could be even better than the one topping the...
11h ago from CaughtOffside.com
Comments
Hottest News
F1 News Today: Lewis Hamilton handed Ferrari timeline as...
Lewis Hamilton has been handed a timeline for... Read More »
31m ago from GPFans.com
Cadillac 2026 Super Bowl livery launch - how to watch
Find out how to watch Cadillac's Super Bowl... Read More »
1h ago from RacingNews365.com
Oscar Piastri says anyone hoping for easier close following...
Oscar Piastri has claimed that following behind... Read More »
21m ago from GrandPrix247.com
