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Clock ticking for Caterham as Austin deadline looms
The Caterham F1 Team is now in the hands of its administrators, and with the deadline for departing to the United States Grand Prix less than twenty-four hours away, the team are struggling to reach an agreement that will enable Kamui Kobayashi and Marcus Ericsson to race.
After the back-and-forward claim and counter-claims between Swiss investors Engavest and Tony Fernandes during the past few days, a last minute effort to save the team was made on Friday, with administrators Smith & Williams now in control of the team.
'Following a request of yesterday evening at 21.55hrs CET from Caterham Sports Limited's administrators and the legal advisors of Mr Tony Fernandes' related EXIM Bank,...
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11y ago from TheCheckeredFlag.co.uk
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