News Details
Caterham staff made redundant
Caterham saga continues
On the very day Caterham announced it will return to the grid for the Abu Dhabi Grand Prix, the beleaguered Formula 1 team's entire staff was made redundant.
After a controversial crowdfunding scheme raised $3 million for the embattled backmarker, administrator Finbarr O'Connell announced that Caterham is heading to Abu Dhabi for the 2014 finale.
A statement said it was made possible 'through Crowdcube, the world's leading investment crowdfunding platform'.
Crucially, Crowdcube's service accountancy and tax adviser is Smith and Williamson — the company Caterham administrator and interim team boss O'Connell works for.
So with O'Connell now faced with claims the...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
Caterham set for Abu Dhabi return
LONDON, Nov 14, 2014 (AFP) - The struggling Caterham team are set to...
11y ago from F1Plus.com
Caterham to race in Abu Dhabi after crowdfunding
Formula One team Caterham will compete in the season-ending Abu Dhabi...
11y ago from F1Pulse.com
Caterham confirms Abu Dhabi participation
Caterham F1 Team
Caterham has confirmed that it will make its Formula 1...
11y ago from F1Zone.net
Caterham administrator positive over future
Caterham F1 Team
Administrators acting on behalf of Caterham say that a...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Ducati: Marc Marquez “helped, protected” Francesco...
No description available...
2d ago from Motorsport.com
Why Aprilia boss is "disappointed" about not...
No description available...
2d ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
4d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
4d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
2d ago from MotorsportWeek.c...
IndyCar penalizes Abel Motorsports for rig testing
No description available...
2d ago from Motorsport.com
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
2d ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
How Oliver Solberg picked up his “crazy dream”...
No description available...
18h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg dominates to claim...
No description available...
22h ago from Motorsport.com
Oliver Solberg crowned the youngest ever Rallye Monte...
Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...
21h ago from MotorsportWeek.c...
WRC Monte Carlo: Drivers, fans and Liam Lawson enjoy...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Saudi Arabian billionaire previously linked with...
Saudi government official and chairman of the General Entertainment...
44m ago from SportsKeeda.com
“It’s the first time” - Arsene Wenger says 2...
Arsene Wenger has said that Arsenal defenders Gabriel Magalhaes and...
1h ago from SportsKeeda.com
“Someone like that at Arsenal would be game over”...
Former Leicester city striker Gary Linekar has said that Arsenal's premier...
1h ago from SportsKeeda.com
Odion Ighalo responds to Patrick Dorgu using his quote...
Former Manchester United striker Odion Ighalo has responded after Patrick...
2h ago from SportsKeeda.com
Comments
Hottest News
LIVE: 2026 F1 Barcelona Pre-Season Test - Day 1
The first day of on-track action for F1 in 2026... Read More »
3h ago from RacingNews365.com
McLaren reveal Barcelona livery for 2026 Formula 1 Car, the...
McLaren released on Monday images of their 2026... Read More »
1h ago from GrandPrix247.com
Audi sign Freddie Slater to their newly formed Driver...
Audi Revolut F1 Team announced Freddie Slater as... Read More »
54m ago from GrandPrix247.com
