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Ericsson terminates Caterham F1 contract
Marcus Ericsson has announced that he has severed all ties with the Caterham F1 Team with immediate effect. Caterham is currently in administration but is aiming to raise £2.35m through a crowdfunding project to allow it to race in the season finale in Abu Dhabi. If the team does make the grid, Ericsson will not be racing, having announced that he has terminated his contract with the team ahead of a move to Sauber in 2015. “Following recent events re Caterham Sports Limited and 1 MRT Sdn Bhd, my adviser Eje Elgh and I have decided to terminate, with immediate effect, all agreements connecting me to the Caterham F1 team," Ericsson said in a statement. "This is a sad day as we...
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