News Details
Fernandes blames Caterham F1 buyer
– Tony Fernandes says the Caterham F1 team's buyer is fully responsible for the ongoing problems at Leafield, claiming that it failed to meet the required conditions for him to transfer his shares in the outfit.Following repeated claims from new owner Engavest, Fernandes released a statement of his own on Thursday, in which he claims the firm was required to pay "existing and future" creditors for the shareholding to change.The Malaysian businessman says this has not happened, which is the reason for him retaining ownership."In June 2014, I decided, together with my co-shareholders, to sell my stake in the Caterham F1 team," said Fernandes."We agreed in good...
Full Story »
Full Story »
11y ago from GPUpdate.net
0
You May Also Be Interested In...
Fernandes blames Caterham buyer for issues
– Tony Fernandes says the Caterham Formula 1 team's buyer is fully...
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
Elsewhere On The Network
Popular On MGPToday.com
Aprilia explains why it hasn’t tested 850cc bike...
No description available...
4h ago from Motorsport.com
The dilemma Francesco Bagnaia's MotoGP race engineer...
No description available...
6h ago from Motorsport.com
Marc Marquez admits ‘touch of madness’ is key to...
Marc Marquez has provided fascinating insight into how he balances risk...
6h ago from MotorsportWeek.c...
Interview: Massimo Rivola on Aprilia's rise from last...
No description available...
8h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
1d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
1d ago from Motorsport.com
IndyCar names officiating director ahead of Indy 500
IndyCar Officiating has announced Scot Elkins as the new Managing...
1d ago from MotorsportWeek.c...
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
How Rally Islas Canarias could crown another new WRC...
No description available...
7h ago from Motorsport.com
Why Dani Sordo is excited for his WRC topflight return
No description available...
2d ago from Motorsport.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
5d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal and Chelsea battle European giants for...
Arsenal and Chelsea are reportedly keeping tabs on the MLS prospect Adri...
1h ago from CaughtOffside.com
Serie A giants identify Liverpool star Alisson as top...
Serie A club Juventus have reportedly identified Liverpool goalkeeper...
2h ago from SportsKeeda.com
Arsenal face fierce competition for 28-G/A target...
Julian Alvarez has been linked with a move away from Atletico Madrid at...
3h ago from CaughtOffside.com
Sources: Arsenal 'have sounded out' 24 G/A maestro...
There's always a lot of noise about Real Madrid, and I thought I'd post an...
7h ago from CaughtOffside.com
Comments
Hottest News
F1 icon refused to work with Michael Schumacher
Lewis Hamilton's former Mercedes performance... Read More »
52m ago from GPFans.com
Red Bull poach Ferrari star after GP exit
A former Red Bull F1 legend has revealed that the... Read More »
1h ago from GPFans.com
F1: McLaren recruits 11-year-old karter, Harry Williams
McLaren has announced the signing of British... Read More »
1h ago from Pitpass.com
