News Details
Caterham F1 bosses threaten to quit
– Caterham's new bosses have warned that they could be forced to step away from the F1 team, claiming that Tony Fernandes still owns the Leafield outfit after failing to transfer the relevant shares.Fernandes sold the team to a consortium of Swiss and Middle Eastern investors, advised by ex-Formula 1 team boss Colin Kolles, at the end of June.But problems ensued as staff members were laid off, bailiffs seized goods from the factory and, most recently, Caterham Sports Limited (CSL) – a supplier to the F1 team – entered administration.In a statement issued on Wednesday evening, the new owners said they have been left "in the invidious position of funding the team without...
Full Story »
Full Story »
10y ago from GPUpdate.net
0
You May Also Be Interested In...
Buyer says Fernandes still owns Caterham F1
– The consortium that purchased Caterham at the end of June has...
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
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
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
Why Marc Marquez stressed his Ducati is identical to...
No description available...
2m ago from Motorsport.com
The consequences of Toprak Razgatlioglu's arrival in...
No description available...
18h 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
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
Talks held: Club working to keep 80m star as Arsenal's...
Arsenal have identified Juventus left winger Kenan Yildiz as an ideal...
12m ago from CaughtOffside.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
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
FIA proposal faces heavy backlash in strongly worded attack
The FIA General Assembly is due to meet on... Read More »
1h ago from RacingNews365.com
