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
‘A World Champion cannot do a mistake like that'...
Aprilia CEO Massimo Rivola admits he “would not disagree” if Jorge...
1d ago from MotorsportWeek.c...
MotoGP confirms Aragon to remain on calendar for 2027...
MotoGP has announced that Motorland Aragon will host a race in 2027,...
20h ago from MotorsportWeek.c...
Why the one-bike proposal has left the entire MotoGP...
No description available...
1d ago from Motorsport.com
MotoGP's expected departures leave WorldSBK's 2027...
As MotoGP's 2027 rider line-ups near completion, multiple expected...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Myles Rowe: Historic Indy NXT Win at WWTR proves ‘I...
No description available...
15h ago from Motorsport.com
Josef Newgarden did not know Christian Rasmussen...
Josef Newgarden won Sunday night’s thriller at World Wide Technology...
1d ago from MotorsportWeek.c...
Winners and losers from the IndyCar race at World Wide...
No description available...
1d ago from Motorsport.com
Official race results: IndyCar 2026 at WWT Raceway
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Hayden Paddon eyes WRC gravel opportunity with...
No description available...
6d ago from Motorsport.com
Hyundai drivers relieved asphalt WRC season is over...
No description available...
1w ago from Motorsport.com
Oliver Solberg highlights area he must “work on”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal and Man City hit transfer wall over...
Arsenal and Manchester City are both keeping a close eye on Tino...
30m ago from CaughtOffside.com
Triple sale: Arsenal summer clear-out takes shape as...
Arsenal could be preparing for a busy summer of outgoings, with the club...
2h ago from CaughtOffside.com
The ongoing corruption of the World Cup by Gianni...
Morning all. England's World Cup warm-up continued last night with a game...
2h ago from Arseblog.com
Leeds rival Arsenal & Chelsea for World Cup star...
Leeds United are reportedly showing a strong interest in highly-rated...
4h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin claim major 2026 issue is 'gone'
The Aston Martin F1 team appear to be taking some... Read More »
2h ago from GPFans.com
New rules ‘not a failure' as FIA confirms 2027 changes
Jun.11 Formula 1's governing body has announced... Read More »
1h ago from OneStopStrategy.com
Verstappen holds Red Bull talks amid fresh Mercedes rumours
Jun.11 Max Verstappen has fuelled fresh... Read More »
1h ago from OneStopStrategy.com
