News Details
Caterham buyer says Fernandes still owns team
+ Caterham’s buyer Engavest insists that despite fulfilling its end of the purchase, Tony Fernandes failed to transfer shares following his sale of the team in June, and therefore remains responsible for the outfit.
Caterham released a strongly worded statement on Wednesday evening claiming Fernandes had failed to transfer the relevant shares to the new buyers following the team’s sale ahead of the British Grand Prix.
This prompted the Malaysian to tweet: 'If you buy something you should pay for it. Quite simple.'
However, Envagest, the Swiss-based buyer of Caterham, released a statement on Thursday insisting that it had fulfilled all the conditions of its agreement with Fernandes....
Full Story »
Full Story »
10y ago from RichlandF1.com
0
You May Also Be Interested In...
Caterham buyer insists they've met all obligations
Caterham's new management team insist they have honoured all agreements...
10y ago from TheF1Times.com
Caterham F1 buyer says Fernandes remains owner
Caterham F1 Team
Caterham's new buyer insists that it has adhered to all...
10y ago from F1Zone.net
Buyer says Fernandes still owns Caterham F1
– The consortium that purchased Caterham at the end of June has...
10y ago from GPUpdate.net
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
Elsewhere On The Network
Popular On MGPToday.com
Why Alex Rins can't wait for Yamaha's V4 engine
No description available...
2d ago from Motorsport.com
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
1w ago from Motorsport.com
Brazil replaces Argentina as 2026 MotoGP calendar...
The 2026 MotoGP calendar has officially been released and the new season...
3d ago from MotorsportWeek.c...
Brazilian GP replaces Argentina in 2026 MotoGP calendar
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
The winners and losers from IndyCar’s Grand Prix of...
No description available...
1h ago from Motorsport.com
A bittersweet weekend for IndyCar’s Arrow McLaren at...
No description available...
4h ago from Motorsport.com
IndyCar Laguna Seca – Race Results
IndyCar traveled clear across the country since last weekend’s race,...
12h ago from MotorsportWeek.c...
Untouchable Alex Palou eases to IndyCar victory at...
The IndyCar paddock travelled over 2700 miles from the event last...
12h ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
1w ago from Motorsport.com
Monaco GP circuit stage in frame for WRC comeback in...
No description available...
2d ago from Motorsport.com
Oliver Solberg stuns WRC field to lead Rally Estonia...
No description available...
1w ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“He has a preferred movement” - Ex-Premier League...
Braga manager Carlos Carvalhal opened up on his tactical set-up to try and...
1h ago from SportsKeeda.com
How to stop Viktor Gyökeres? ‘We’d have to foul...
onents from the striker’s time in Portugal on how they attempted to...
3h ago from TheGuardian.com
Arsenal 3-2 Newcastle – observations
Hey folks, I'm still here in Singapore. My flight is quite a bit later...
8h ago from Arseblog.com
'We are extremely happy to have him' - Mikel Arteta...
Arsenal manager Mikel Arteta has expressed his joy at having teenage star...
17h ago from SportsKeeda.com
Comments
Hottest News
Christian Horner breaks silence for first time after being...
Former Red Bull team boss Christian Horner posted... Read More »
2h ago from GrandPrix247.com
Lewis Hamilton worked with new Ferrari engineer to navigate...
Lewis Hamilton has revealed he worked with an... Read More »
3h ago from MotorsportWeek.com
The miscommunication that wrecked Yuki Tsunoda's F1 Belgian...
Yuki Tsunoda rued a "frustrating" F1... Read More »
37m ago from MotorsportWeek.com
