News Details

Caterham administrator to probe ex-management

Caterham's former management will be investigated by administrators once the stricken Formula One team's fate is decided in the next few weeks, administrator and acting team principal Finbarr O'Connell said on Friday. O'Connell, speaking at the season-ending Abu Dhabi Grand Prix, told reporters he had a duty to probe how Caterham was run before he was called in last month. 'I'm clearly trying to sell the business, but another thing I have to do is investigate how the business was run, and anybody who has run it improperly or who owes it money, I have a duty to investigate them,' he said. 'If I think they've been guilty of an offence … then I am supposed to pursue them and get money...
Full Story »
10y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Caterham set for Abu Dhabi return

LONDON, Nov 14, 2014 (AFP) - The struggling Caterham team are set to...
10y ago from F1Plus.com

Caterham administrator to investigate former management

Administrator Finbarr O'Connell has revealed that the previous management...
10y ago from Pitpass.com

Caterham thanks F1 world for help with comeback

Finbarr O'Connel (left) in Abu Dhabi Caterham's acting team and...
10y ago from GrandPrix247.com

Caterham still fighting for 2015

Caterham administrator Finbarr O'Connell has labelled the next few weeks...
10y ago from SkySports.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Santino Ferrucci issued post-race penalty but keeps...

The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...

Louis Foster reveals likely cause of scary 180MPH...

On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...

Detroit GP expected to remain downtown amid potential...

Following the conclusion of the Detroit Grand Prix, organizers have...

Popular On TotalWRC.com

Redemption for Ogier

One year on from losing victory on the final stage of Rally Italia...
20h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Sources: Manchester United among four PL clubs chasing...

Manchester United are among four Premier League clubs eyeing up a...
2h ago from CaughtOffside.com

Report: Arsenal hold talks over potential 100m signing...

Arsenal have reportedly held talks over a potential transfer move for West...
3h ago from CaughtOffside.com

Real Madrid make late move to hijack Arsenal transfer;...

Real Madrid have reportedly joined Arsenal in the race to sign Spanish...
3h ago from SportsKeeda.com

Sources: Personal terms agreed, Arsenal want potential...

Arsenal are continuing to work on the transfer of RB Leipzig striker...
5h 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.