News Details
Caterham assets up for auction
As light appears at the end of the tunnel for Marussia, Caterham really does appear to have reached the end of the road.A brief statement issued this afternoon reveals that the Leafield-based outfit's assets are being put up for auction under the instructions of its joint administrators.It reads:'Acting for the Joint Administrators Finbarr O’Connell, Henry Shinners and Anthony Spicer of Smith & Williamson, Wyles Hardy & Co have been instructed to realise the assets of the Caterham F1 race team. A series of on-line timed auction sales will be held covering the race equipment, engineering facility, F1 memorabilia , IT and communications, office furniture and as well as private treaty...
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