News Details

Administrators ignored Caterham bid

Administrators for the Caterham team have allegedly ignored the enquiries of a potential saviour for the squad. The news comes just days after Smith & Williamson, administrators for the team, announced it had just two weeks in which to find a buyer.We understand contact from a prospective investor was made early last week with the party interested in buying the team as a means of entering Formula One.No response was received from the team or administrators, while sources suggested to this writer that a lack of clarity over who exactly owns the team, coupled with the preservation of its 2015 entry, has left administrators distracted.It is believed Caterham's formal entry in to the 2015...
Full Story »
11y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Caterham administrators in contact with potential...

+ The administrators of the Caterham F1 Team say that they have spoken to...
11y ago from RichlandF1.com

Caterham administrators in talks with 'credible'...

Caterham F1 Team Administrators for the Caterham F1 Team say that they...
11y ago from F1Zone.net

Caterham appeals to 'credible' parties

– Caterham's administrators say they are holding discussions with...
11y ago from GPUpdate.net

Caterham F1 given two weeks to find new buyer

Administrators in control of the Caterham F1 team say the squad could be...
11y ago from SpeedCafe.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal midfielder becomes 11th Gunners star to...

Arsenal midfielder Martin Zubimendi has become the 11th Gunners star to...
6h ago from SportsKeeda.com

Latest Arsenal injury news as another Gunners star...

There has been yet another Arsenal player withdrawing from international...
11h ago from CaughtOffside.com

Sources: Why football's 'next superstar' snubbed...

Chelsea and Arsenal registered an interest in the transfer of Nico Paz,...
11h ago from CaughtOffside.com

Exclusive: Arsenal favourites to sign 'future of...

Arsenal are the favourites for the transfer of talented young German...
14h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.