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Caterham’s new owners threaten to pull out
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October 22nd, 2014 (F1Plus / Rosie Baillie) - The future of the Caterham F1 team has been cast into doubt as new owners threaten to pull out. Tony Fernandes sold the Leafield based team to a consortium of Swiss and Middle Eastern buyers before the British Grand Prix. A strongly worded statement from Caterham on Wednesday night said that the seller had failed to transfer shares to the buyers. This means the new owners have been funding the team for the past three months but do not have a legal title to say they own the team. The statement went onto say that the new owners were now exploring...
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11y ago from F1Plus.com
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