News Details

Caterham F1 staff locked out of factory

Caterham F1 staff were locked out of the team's factory in Leafield on Thursday as administrators seek a resolution to ownership problems. Finbarr O'Connell, a joint administrator of Caterham Sports Limited (CSL), confirmed that 1 Malaysia Racing Team (1MRT) had made an offer to continue work at the factory on Wednesday which he had rejected. Following that, the new buyers of the team claimed they aren't the legal owners and said Tony Fernandes still had control. With the new buyers saying Fernandes has to now sort out the situation, O'Connell confirmed the factory has been closed. "They [the staff] can't get into the factory today," O'Connell told Reuters. "They [1MRT] are...
Full Story »
11y ago from Crash.net 0
Share

You May Also Be Interested In...

Caterham factory closed by administrators

Staff were left locked out of Caterham's factory in Leafield on Thursday...
11y ago from espnF1.com

Caterham F1 site staff locked out

Staff working for the Caterham F1 team have been locked out of the firm's...
11y ago from BBC.co.uk

Ecclestone would welcome Caterham collapse

Formula 1 boss Bernie Ecclestone says he would welcome the collapse of...
11y ago from TheF1Times.com

Caterham seeking move away from Leafield HQ

Getty Images Enlarge Caterham says it fully intends to compete in the...
11y ago from espnF1.com

Elsewhere On The Network

Popular On MGPToday.com

Jorge Martin reveals what’s ‘really difficult’...

Jorge Martin admits it was “really difficult” to make changes aboard...

Popular On IndyCarToday.com

Aggressive testing schedule planned ahead of Mick...

Following confirmation Mick Schumacher will make a switch to IndyCar next...

Mick Schumacher joins RLL in IndyCar switch

Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal preparing 60 million proposal for Liverpool...

Arsenal are hoping to improve the attacking unit with the signing of...
3h ago from CaughtOffside.com

Man United approach 28-year-old Liverpool &...

Liverpool, Manchester United and Chelsea are interested in signing Zeki...
3h ago from CaughtOffside.com

Arsenal not afraid of Kane ahead of Bayern clash, says...

Mikel Arteta insists Harry Kane holds no fear for Arsenal and says his...
3h ago from SkySports.com

Report: Arsenal to compete with Real Madrid for 20...

Arsenal are interested in signing the Elche midfielder Rodrigo Mendoza. ...
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.