News Details
Caterham buyer refutes Fernandes 'allegations'
– Caterham buyer Engavest "strongly refutes allegations" made by Tony Fernandes and Caterham Group CEO Graham Macdonald, claiming once more that it met its obligations following the sale of the team.In a statement on Thursday afternoon, Fernandes declared that he had not transferred relevant shares in the team due to Engavest failing to pay creditors.But the escalation continued when Engavest issued a counter-statement to reiterate that it fulfilled the required conditions and that it was Fernandes who did not keep to the deal."Engavest SA, strongly refutes the allegations of Tony Fernandes and Caterham Group CEO Graham Macdonald regarding its conduct while trying to...
Full Story »
Full Story »
10y ago from GPUpdate.net
0
You May Also Be Interested In...
Caterham buyer 'strongly refutes' Fernandes claims
Caterham F1 Team
Caterham buyer Engavest SA say they 'strongly refute'...
10y ago from F1Zone.net
Fernandes blames Caterham buyer for issues
– Tony Fernandes says the Caterham Formula 1 team's buyer is fully...
10y ago from GPUpdate.net
Caterham buyer says Fernandes still owns team
+ Caterham’s buyer Engavest insists that despite fulfilling its end of...
10y ago from RichlandF1.com
Fernandes slams Caterham buyer
Caterham F1 founder Tony Fernandes has hit back at claims made by the...
10y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
The consequences of Toprak Razgatlioglu's arrival in...
No description available...
17h ago from Motorsport.com
Joan Mir will ‘go to bed satisfied' after...
Joan Mir admitted that he will "go to bed satisfied" after...
20h ago from MotorsportWeek.c...
Superbike legend Toprak Razgatlioglu signs with Pramac...
No description available...
1d ago from Motorsport.com
WorldSBK champion Toprak Razgatlioglu switches to...
After years of speculation, two-time WorldSBK champion Toprak...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Louis Foster gains new sponsor for rest of IndyCar...
Rahal Letterman Lanigan Racing rookie Louis Foster will sport a new look...
1d ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
1w ago from Motorsport.com
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
1w ago from MotorsportWeek.c...
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
1d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
4d ago from Motorsport.com
Sebastien Ogier stays aloof from WRC title fight...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Manchester City close in on agreement to sign...
Manchester City are reportedly on the verge of reaching an agreement for...
1h ago from SportsKeeda.com
Mikel Arteta keeping his options open as Arsenal...
Arsenal are gearing up their summer recruitment drive by prioritising RB...
2h ago from CaughtOffside.com
Fabrizio Romano reveals Man Utd & Arsenal pursuit...
Manchester United and Arsenal are reportedly both still in the mix for the...
2h ago from CaughtOffside.com
Report: Tottenham face Arsenal battle to sign...
Tottenham saved their season by winning the Europa League under Ange...
2h ago from CaughtOffside.com
Comments
Hottest News
Hypercar entry handed shock disqualification at Le Mans...
Early drama at the 24 Hours of Le Mans as a... Read More »
3h ago from RacingNews365.com
Thumbs up, thumps down: Hamilton Instagram move causes stir
Lewis Hamilton is no stranger to making... Read More »
54m ago from F1i.com
F1 tyre cooling tricky to be scuppered in reworded 2026...
F1 teams' ability to cool tyres in hot... Read More »
3h ago from MotorsportWeek.com