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Caterham vows to race on despite administration threat
Sutton Images Enlarge The Caterham Formula One team insists it will not be affected by Caterham Sports Limited (CSL) going into administration, despite reports that the administrator has laid claim to its cars. The official entry rights to F1 are owned by 1Malaysia Racing Team (1MRT), which runs the racing team, while CSL was used to manufacture cars and employ staff in Leafield. A spokesperson for the team told N that CSL going into administration "has nothing to do with the F1 team and it does not affect us". However, the cars are due to leave for the US Grand Prix at the weekend and Finbarr O'Connell, a joint administrator of CSL for London-based Smith & Williamson, told...
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10y ago from espnF1.com
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