News Details
Statement on behalf of Engavest SA
A brief statement has been issued on behalf of Engavest SA the company which bought Caterham F1 team.It reads:'On 29 June 2014 Engavest SA signed a Sale and Purchase Agreement with Tony Fernandes and the Caterham Group to acquire the shares of 1Malaysia Racing Team/Caterham F1. Engavest SA has fulfilled all the conditions precedent, including paying the purchase price for the shares. The shares have not been transferred and therefore Mr Fernandes remains the owner of Caterham F1 and is fully responsible for all its activities.'
Full Story »
Full Story »
10y ago from Pitpass.com
0
You May Also Be Interested In...
If you buy something, you pay for it - Fernandes
Tony Fernandes has hit back at a statement from the Caterham F1 Team which...
10y ago from TheF1Times.com
Confusion over future of Caterham F1 team
Confusion surrounds the future of struggling Formula One team Caterham...
10y ago from F1Pulse.com
Caterham bosses threaten to quit Formula 1 as it...
Caterham's new 'owners' have threatened to quit the team and the sport...
10y ago from TheF1Times.com
Caterham future uncertain amid ownership row
The future of Formula One outfit Caterham is in doubt as current owners...
10y ago from SuperSport.com
Elsewhere On The Network
Popular On MGPToday.com
Takaaki Nakagami fills in for injured Luca Marini at...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu shares his ‘biggest dream'...
Following the announcement of Toprak Razgatlioglu's move to MotoGP in...
2d ago from MotorsportWeek.c...
Why Marc Marquez stressed his Ducati is identical to...
No description available...
3d ago from Motorsport.com
Superbike legend Toprak Razgatlioglu signs with Pramac...
No description available...
5d ago from Motorsport.com
Popular On IndyCarToday.com
Will Power leads Team Penske to IndyCar pole at Gateway
World Wide Technology Raceway was the site of qualifying on Saturday...
22h ago from MotorsportWeek.c...
Will Power: “I sent it” to snatch pole position...
No description available...
20h ago from Motorsport.com
IndyCar Gateway – Qualifying Results
The first short oval race of the season is on tap this weekend, and a...
22h ago from MotorsportWeek.c...
Newgarden tops rain-affected IndyCar practice from...
IndyCar finally was able to complete its first practice session of the...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
2d ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
5d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal switch attention towards 'terrific player'...
Arsenal are now looking at Ollie Watkins as a potential target after...
2h ago from CaughtOffside.com
Serious offer incoming from Arsenal: Gunners could...
Arsenal have been linked with a move for the Real Madrid attacker Brahim...
2h ago from CaughtOffside.com
Arsenal's stance on Myles Lewis-Skelly's future at the...
Arsenal are hoping to sign a contract extension with Myles Lewis-Skelly...
2h ago from SportsKeeda.com
Arsenal will look to sign Premier League striker if...
Arsenal will reportedly turn their attention towards Aston Villa striker...
6h ago from SportsKeeda.com
Comments
Hottest News
Kimi Antonelli Canada F1 podium in danger after Safety Car...
Kimi Antonelli could be set to lose his first... Read More »
1h ago from MotorsportWeek.com
Seven F1 drivers under FIA investigation after late-race...
It is going to be a long night in Montreal with... Read More »
1h ago from RacingNews365.com
F1 2025 Canadian Grand Prix – Race Results
Mercedes' George Russell converted pole position... Read More »
2h ago from MotorsportWeek.com
