News Details

Caterham F1 owners could quit over ownership row

Sutton Images Enlarge Caterham's current owners have threatened to withdraw their management and take legal action against previous owner Tony Fernandes after claiming the shares they purchased earlier this year have not been transferred. This week Caterham Sports Limited - the company that manufactures the team's cars - went into administration, with reports the race cars might not be released from the factory in time for next weekend's US Grand Prix. After meeting with the administrators on Wednesday, the current owners of 1Malaysia Racing Team, which runs the race team, said the administrator's appointment had had "devastating effects" on its operations. The consortium that...
Full Story »
10y ago from espnF1.com 0
Share

You May Also Be Interested In...

Caterham threatens action against Fernandes

Caterham F1 Team The situation at Caterham has taken another turn as new...
10y ago from F1Zone.net

Caterham bosses in quit threat

Caterham's Formula 1 future has been plunged into fresh uncertainty with...
10y ago from SkySports.com

Caterham F1 on the brink as buyers threaten to pull out

Caterham faces an uncertain future after the team's buyers threaten to...
10y ago from Crash.net

Caterham future cast into doubt as new owners threaten...

+ The new management of the Caterham F1 Team has issued a warning that it...
10y ago from RichlandF1.com

Elsewhere On The Network

Popular On MGPToday.com

Unpacking the art of value betting in MotoGP

Value betting in MotoGP is a strategic blend of data analysis,...
11h ago from MotorsportWeek.c...

Brazil replaces Argentina as 2026 MotoGP calendar...

The 2026 MotoGP calendar has officially been released and the new season...

Popular On IndyCarToday.com

IndyCar Laguna Seca – Race Results

IndyCar traveled clear across the country since last weekend’s race,...

Untouchable Alex Palou eases to IndyCar victory at...

The IndyCar paddock travelled over 2700 miles from the event last...

Popular On TotalWRC.com

Popular On GunnersToday.com

Millie Bright says England star who could ‘run...

England defender Millie Bright believes Lucy Bronze deserved to win the...
2h ago from SportsKeeda.com

Sources: Arsenal lead Man United and Man City in race...

One of the most exciting transfer stories of the summer is heating up,...
4h ago from CaughtOffside.com

Proper Arsenal

Morning all. I’m not entirely sure if Andrew is on a plane or already...
3h ago from Arseblog.com

Arsenal set important condition to sign Eberechi Eze...

Arsenal are reportedly willing to move for Crystal Palace's Eberechi Eze...
9m ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.