News Details
Desperate Caterham F1 team seeks funds from fans
Administrators of the Caterham Formula One team announced a crowd funding initiative on Friday to try to raise £2.35 million ($3.72 million) by the end of next week so they can race in Abu Dhabi.
'If we don't hit the target by next Friday, obviously the pledged funds will be returned,' Finbarr O'Connell, the administrator representing Smith & Williamson, said in a statement.
'But right now we are hopeful for the future of the team and we are confident that the team showing the world that it can race again will lead to a bright future under a new owner on a proper financial footing,' added the ‘interim team principal'.
Caterham went into administration last month and have missed the...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
Caterham F1 team seeks funds from fans
Administrators of the Caterham Formula One team announced a crowdfunding...
11y ago from SuperSport.com
Caterham have two weeks to find a buyer
Caterham looking for a buyer
The Caterham Formula One team may have to be...
11y ago from GrandPrix247.com
Caterham hand out begging bowl to reach UAE
LONDON, Nov 07, 2014 (AFP) - Cash-strapped Caterham are pleading with...
11y ago from F1Plus.com
Caterham turns to crowd-funding to race in Abu Dhabi
Sutton Images Enlarge Administrators for the Caterham F1 team have...
11y ago from espnF1.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP to set minimum salary for riders from 2027
No description available...
39m ago from Motorsport.com
Aprilia’s MotoGP tech secret: a double duct hidden...
No description available...
21h ago from Motorsport.com
Toprak Razgatlioglu “always sad” over lack of pace...
No description available...
1d ago from Motorsport.com
Fabio Quartararo warns Yamaha MotoGP rebuild could...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Barnes: IndyCar officiating is already starting to...
No description available...
9h ago from Motorsport.com
IndyCar updates tire rules for 2026 season
Among a few changes coming for the 2026 NTT IndyCar Series season, a new...
12h ago from MotorsportWeek.c...
IndyCar changes tire usage requirements, makes safety...
No description available...
14h ago from Motorsport.com
IndyCar introduces safety flaps to prevent airborne...
The NTT IndyCar series has detailed a new addition to cars competing in...
14h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans reclaims lead as Oliver...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
The post-derby glow
Morning all. Hopefully you're still enjoying the warm glow of Sunday's...
2h ago from Arseblog.com
Arsenal latest: Gunners make fun of Spurs on social...
No description available...
11h ago from SkySports.com
Donnarumma vs Raya: Who is the better GK in the title...
In the last few weeks of the Premier League season, the importance of...
13h ago from SkySports.com
Tactics Column: Key quartet step up to deliver North...
'It feels like we've shown what we are made of but then you have to show...
16h ago from Arseblog.com
Comments
Hottest News
F1 fans can watch the 2026 season LIVE at the cinema
F1 fans are set to be able to have the experience... Read More »
49m ago from GPFans.com
Christian Horner reveals who he blames for 's*** sandwich'...
Christian Horner has spoken in depth for the... Read More »
1h ago from GPFans.com
F1: Be open-minded, Sainz urges the powers that be
Carlos Sainz has called on F1 and the FIA to be... Read More »
49m ago from Pitpass.com
