News Details
Desperate Caterham F1 team seeks funds from fans
Administrators of the Caterham Formula One team announced a crowd funding initiative on Friday to try to raise £2.35 million ($3.72 million) by the end of next week so they can race in Abu Dhabi.
'If we don't hit the target by next Friday, obviously the pledged funds will be returned,' Finbarr O'Connell, the administrator representing Smith & Williamson, said in a statement.
'But right now we are hopeful for the future of the team and we are confident that the team showing the world that it can race again will lead to a bright future under a new owner on a proper financial footing,' added the ‘interim team principal'.
Caterham went into administration last month and have missed the...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
Caterham F1 team seeks funds from fans
Administrators of the Caterham Formula One team announced a crowdfunding...
10y ago from SuperSport.com
Caterham have two weeks to find a buyer
Caterham looking for a buyer
The Caterham Formula One team may have to be...
10y ago from GrandPrix247.com
Caterham hand out begging bowl to reach UAE
LONDON, Nov 07, 2014 (AFP) - Cash-strapped Caterham are pleading with...
10y ago from F1Plus.com
Caterham turns to crowd-funding to race in Abu Dhabi
Sutton Images Enlarge Administrators for the Caterham F1 team have...
10y ago from espnF1.com
Elsewhere On The Network
Popular On MGPToday.com
Why Alex Rins can't wait for Yamaha's V4 engine
No description available...
2d ago from Motorsport.com
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
1w ago from Motorsport.com
Brazil replaces Argentina as 2026 MotoGP calendar...
The 2026 MotoGP calendar has officially been released and the new season...
3d ago from MotorsportWeek.c...
Brazilian GP replaces Argentina in 2026 MotoGP calendar
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
The winners and losers from IndyCar’s Grand Prix of...
No description available...
2h ago from Motorsport.com
A bittersweet weekend for IndyCar’s Arrow McLaren at...
No description available...
5h ago from Motorsport.com
IndyCar Laguna Seca – Race Results
IndyCar traveled clear across the country since last weekend’s race,...
12h ago from MotorsportWeek.c...
Untouchable Alex Palou eases to IndyCar victory at...
The IndyCar paddock travelled over 2700 miles from the event last...
12h ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
1w ago from Motorsport.com
Monaco GP circuit stage in frame for WRC comeback in...
No description available...
2d ago from Motorsport.com
Oliver Solberg stuns WRC field to lead Rally Estonia...
No description available...
1w ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“He has a preferred movement” - Ex-Premier League...
Braga manager Carlos Carvalhal opened up on his tactical set-up to try and...
1h ago from SportsKeeda.com
How to stop Viktor Gyökeres? ‘We’d have to foul...
onents from the striker’s time in Portugal on how they attempted to...
3h ago from TheGuardian.com
Arsenal 3-2 Newcastle – observations
Hey folks, I'm still here in Singapore. My flight is quite a bit later...
9h ago from Arseblog.com
Former Tottenham player wishes he had joined Arsenal...
Former Premier League attacker Adel Taarabt has suggested that he had the...
16h ago from CaughtOffside.com
Comments
Hottest News
Toto Wolff drops massive Mercedes F1 driver line-up clue
Toto Wolff appears to have all-but given up on... Read More »
46m ago from GPFans.com
Christian Horner breaks silence for first time after being...
Former Red Bull team boss Christian Horner posted... Read More »
3h ago from GrandPrix247.com
Lewis Hamilton worked with new Ferrari engineer to navigate...
Lewis Hamilton has revealed he worked with an... Read More »
4h ago from MotorsportWeek.com
