News Details
Caterham F1 bosses threaten to quit
– Caterham's new bosses have warned that they could be forced to step away from the F1 team, claiming that Tony Fernandes still owns the Leafield outfit after failing to transfer the relevant shares.Fernandes sold the team to a consortium of Swiss and Middle Eastern investors, advised by ex-Formula 1 team boss Colin Kolles, at the end of June.But problems ensued as staff members were laid off, bailiffs seized goods from the factory and, most recently, Caterham Sports Limited (CSL) – a supplier to the F1 team – entered administration.In a statement issued on Wednesday evening, the new owners said they have been left "in the invidious position of funding the team without...
Full Story »
Full Story »
11y ago from GPUpdate.net
0
You May Also Be Interested In...
Buyer says Fernandes still owns Caterham F1
– The consortium that purchased Caterham at the end of June has...
11y ago from GPUpdate.net
Caterham buyer says Fernandes still owns team
+ Caterham’s buyer Engavest insists that despite fulfilling its end of...
11y ago from RichlandF1.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
Caterham future cast into doubt as new owners threaten...
+ The new management of the Caterham F1 Team has issued a warning that it...
11y ago from RichlandF1.com
Elsewhere On The Network
Popular On MGPToday.com
Why Gresini has flirted with leaving Ducati in MotoGP
No description available...
11h ago from Motorsport.com
Jonathan Rea explains why ‘mental management’ will...
Jonathan Rea believes Toprak Razgatlioglu's chances of success in MotoGP...
1d ago from MotorsportWeek.c...
Joan Mir explains why he crashes so often in MotoGP
No description available...
1d ago from Motorsport.com
Andrea Dovizioso: “Marc Marquez’s situation is...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
3d ago from MotorsportWeek.c...
Mick Schumacher: “I thought I was ready — but I...
No description available...
5d ago from Motorsport.com
Winners and losers from IndyCar at Barber Motorsports...
No description available...
4d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
3d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
6d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“He’s so useless”, “It has to be over” -...
Arsenal fans have hit out at striker Gabriel Jesus over his performance in...
24m ago from SportsKeeda.com
Arsenal crash out of FA Cup to sensational Southampton
Arsenal crashed out of the FA Cup quarter-finals as Southampton produced...
1h ago from SkySports.com
“Now or never”, “Time to run it back” -...
Arsenal fans on X are expecting Martin Odegaard to perform after Mikel...
3h ago from SportsKeeda.com
Comments
Hottest News
Aston Martin get F1 lifeline as FIA ruling gives crisis...
Further clarity has been offered on F1's new... Read More »
4h ago from GPFans.com
Lewis Hamilton contract clause blocks Ferrari team orders -...
Former F1 star Ralf Schumacher has suggested that... Read More »
2h ago from GPFans.com
F1 in April - Six crucial dates for your diary
Despite the race cancellations this April,... Read More »
1h ago from GPFans.com
