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
Marco Bezzecchi explains how Ducati ended Aprilia's...
No description available...
10h ago from Motorsport.com
Marc Marquez: 'I don't have the pace to fight for...
No description available...
12h ago from Motorsport.com
MotoGP Spanish GP: Alex Marquez ends Aprilia’s...
No description available...
14h ago from Motorsport.com
Marc Marquez shrugs off controversy over pitlane entry...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar to limit entries to those holding a charter
The NTT IndyCar Series has confirmed that future races will be limited to...
13h ago from MotorsportWeek.c...
Tony Kanaan opens up on Lundgaard, Siegel contract...
No description available...
2d ago from Motorsport.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
5d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
7h ago from Motorsport.com
Oliver Solberg crashes out of Rally Islas Canarias
Oliver Solberg and Elliot Edmondson have crashed out of Rally Islas...
16h ago from MotorsportWeek.c...
Sebastien Ogier dominates Rally Islas Canarias
Sebastien Ogier and Vincent Landais headed a Toyota one-two-three-four in...
12h ago from MotorsportWeek.c...
WRC Canary Islands: Oliver Solberg crashes out of...
No description available...
15h ago from Motorsport.com
Popular On GunnersToday.com
Drowning in the banter-sphere: how can the Premier...
current season has become a meme-war without end, an endless rolling wall...
5h ago from TheGuardian.com
Report: Arsenal open to selling summer signing after...
Arsenal are open to listening to offers for summer signing Viktor Gyokeres...
5h ago from CaughtOffside.com
'Let Arteta win the league' - Arsenal fans make plea...
An Arsenal fan has posted a video of himself begging Manchester City...
5h ago from SportsKeeda.com
Arsenal keeping tabs on Real Madrid attacker as they...
Arsenal are reportedly monitoring Real Madrid forward Endrick as they look...
10h ago from SportsKeeda.com
Comments
Hottest News
Meet Lewis Hamilton's ultimate superfan and you may know...
Seven-time F1 champion Lewis Hamilton has the... Read More »
6h ago from GPFans.com
Ferrari F1 engineer speaks out over 'arrogant' Lewis...
A former Ferrari F1 race engineer has defended... Read More »
8h ago from GPFans.com
McLaren boss takes aim at Daniel Ricciardo's final act in F1
McLaren CEO Zak Brown recently used Daniel... Read More »
7h ago from GPFans.com
