News Details
Fernandes blames Caterham F1 buyer
– Tony Fernandes says the Caterham F1 team's buyer is fully responsible for the ongoing problems at Leafield, claiming that it failed to meet the required conditions for him to transfer his shares in the outfit.Following repeated claims from new owner Engavest, Fernandes released a statement of his own on Thursday, in which he claims the firm was required to pay "existing and future" creditors for the shareholding to change.The Malaysian businessman says this has not happened, which is the reason for him retaining ownership."In June 2014, I decided, together with my co-shareholders, to sell my stake in the Caterham F1 team," said Fernandes."We agreed in good...
Full Story »
Full Story »
11y ago from GPUpdate.net
0
You May Also Be Interested In...
Fernandes blames Caterham buyer for issues
– Tony Fernandes says the Caterham Formula 1 team's buyer is fully...
11y ago from GPUpdate.net
Caterham buyer says Fernandes still owns team
+ Caterham’s buyer Engavest insists that despite fulfilling its end of...
11y 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...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo: Yamaha ‘has no idea’ how to fix...
No description available...
11h ago from Motorsport.com
Marco Bezzecchi ‘wasn’t expecting’ Aprilia COTA...
Marco Bezzecchi admitted he “wasn’t expecting” a record-breaking...
12h ago from MotorsportWeek.c...
Winners and losers from MotoGP’s United States GP
No description available...
17h ago from Motorsport.com
What happened in Marco Bezzecchi and Pedro Acosta’s...
No description available...
15h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O’Ward left searching for answers after...
No description available...
10h ago from Motorsport.com
Christian Lundgaard left frustrated by costly pit stop...
Christian Lundgaard finished second in Sunday’s IndyCar race from...
14h ago from MotorsportWeek.c...
David Malukas “learned a lot” with tire strategy...
No description available...
11h ago from Motorsport.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
1d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
4d ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
4d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal could leapfrog Man United for Elliot Anderson...
Manchester United’s top summer transfer target, Elliot Anderson, has...
5h ago from CaughtOffside.com
Arsenal make first move for 17-goal star but Tottenham...
German striker Nicolo Tresoldi is a target for Arsenal and Tottenham ahead...
5h ago from CaughtOffside.com
Man United eye perfect Casemiro replacement with move...
Leon Goretzka has been heavily linked with a move away from Bayern Munich...
10h ago from CaughtOffside.com
Journalist confirms 'top player' from rival club is...
Arsenal are reportedly interested in signing the Newcastle United defender...
15h ago from CaughtOffside.com
Comments
Hottest News
Honda reveal stunning new Aston Martin detail which changes...
A revelation from Honda's president made during... Read More »
9h ago from GPFans.com
Max Verstappen at scene of Japanese GP media pen damage
Max Verstappen isn't just an F1 driver. He's also... Read More »
5h ago from GPFans.com
F1MATHS: Does the boxplot from Suzuka continue to confirm...
Mercedes entered the Japanese Grand Prix as the... Read More »
4h ago from F1Technical.net
