News Details

Caterham launches crowdfunding to help compete

Formula One team Caterham has launched a crowdfunding project to ease its financial difficulties and return to the grid for the final Grand Prix of the season in Abu Dhabi this month. Caterham administrator Finbarr O'Connell says 'we are working non-stop to get the Caterham F1 team back racing,' and that 'one of our most useful, innovative and effective options right now is crowdfunding.' Supporters can donate from £10 ($16) and will receive rewards for their contribution, such as their name on the car if it competes in Abu Dhabi. The project aims to raise £2.35 million ($3.7 million) by next Friday. If unsuccessful, it will return the pledged funds.
Full Story »
11y ago from F1Pulse.com 0
Share

You May Also Be Interested In...

Caterham launches crowdfunding project

– Caterham has launched a crowdfunding project in an attempt to...
11y ago from GPUpdate.net

Caterham F1 seeks crowdfunding for Abu Dhabi

Caterham has launched a crowdfunding initiative in order to be able to...
11y ago from Crash.net

Caterham F1 launches crowdfunding project

The Caterham F1 Team's administrators have launched a crowdfunding project...
11y ago from RichlandF1.com

Caterham launches crowdfunding project

Caterham F1 Team Caterham has launched an ambitious crowdfunding project...
11y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

Massimo Rivola: Aprilia has become the ‘benchmark’...

Massimo Rivola has admitted that Aprilia has become the current reference...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Kalle Rovanpera returns to WRC with Subaru

Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...

Popular On GunnersToday.com

Are Arsenal going to bottle it? The next four games...

Arsenal have a crucial four games coming up, ever since I made it clear...
1h ago from CaughtOffside.com

“On another day, he scores a couple of goals” -...

Former Manchester City star Micah Richards believes Max Dowman was the...
2h ago from SportsKeeda.com

“Would you ordinarily do that?” - Gary Lineker...

Gary Lineker has suggested that Arsenal are showing signs of ‘panic’...
2h ago from SportsKeeda.com

Alan Shearer reveals what would 'worry' him as an...

England great Alan Shearer has revealed that Arsenal's lack of energy and...
2h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.