News Details
Administrators ignored Caterham bid
Administrators for the Caterham team have allegedly ignored the enquiries of a potential saviour for the squad. The news comes just days after Smith & Williamson, administrators for the team, announced it had just two weeks in which to find a buyer.We understand contact from a prospective investor was made early last week with the party interested in buying the team as a means of entering Formula One.No response was received from the team or administrators, while sources suggested to this writer that a lack of clarity over who exactly owns the team, coupled with the preservation of its 2015 entry, has left administrators distracted.It is believed Caterham's formal entry in to the 2015...
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