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

Popular On IndyCarToday.com

Scott McLaughlin looking to rebound after ‘lowest...

Scott McLaughlin is hopeful that he can quickly bounce back from his...
19h ago from MotorsportWeek.c...

Louis Foster gains new sponsor for rest of IndyCar...

Rahal Letterman Lanigan Racing rookie Louis Foster will sport a new look...

Santino Ferrucci issued post-race penalty but keeps...

The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...

Popular On TotalWRC.com

Popular On GunnersToday.com

Contact made: Aston Villa open club-to-club talks to...

Aston Villa are reportedly now in club-to-club talks with Real Betis over...
1h ago from CaughtOffside.com

Transfer is on: Liverpool fans will be rubbing their...

Liverpool and Arsenal have been handed an opportunity to beat Chelsea to...
2h ago from CaughtOffside.com

'His name is mentioned a lot' – Arsenal star...

Arsenal centre-back Gabriel Magalhaes has suggested that he's been open...
2h ago from CaughtOffside.com

Man Utd & Arsenal on red alert after Benjamin...

Benjamin Sesko's career path seems set: a move to the Premier League is...
3h ago from CaughtOffside.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.