News Details
Administrators take control at Caterham
Caterham's Leafield factory Caterham Enlarge The management of the Caterham F1 team has been handed over to administrators after those running the team decided to step back late on Thursday evening. The news follows a week of dispute over the ownership of the team, with Engavest - the company that attempted to buy the team from Tony Fernandes - saying it was no longer willing to run the outfit. Engavest claimed Fernandes had not transferred the shares of the team after the sale was agreed, while Fernandes accused Engavest of not meeting some of the conditions of the sale, including paying creditors. A brief team statement on Friday confirmed that administrators Smith & Williams are now in...
Full Story »
Full Story »
9y ago from espnF1.com
0
You May Also Be Interested In...
Caterham handed over to administrators
– Caterham's management has decided to step back and hand-over the...
9y ago from GPUpdate.net
Administrator takes control at Caterham
In the latest chapter of the Caterham saga, the running of the F1 team...
9y ago from PlanetF1.com
Caterham hands over to administrators
Caterham F1 Team
Caterham F1 Team has confirmed that it has handed over...
9y ago from F1Zone.net
Caterham F1 team handed to administrators
Caterham F1 Team is now in the hands of administrators in attempt to...
9y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Steely Alonso holds on for Catalan Moto3 victory
CF Moto Aspar rider David Alonso was resolute in his defence in the Moto3...
1h ago from MotorsportWeek.c...
MotoGP Catalan GP: Full Moto2 and Moto3 race results
No description available...
34m ago from Motorsport.com
Ogura wins Catalan Moto2 race, Aldeguer crashes
Ai Ogura pulled off a tyre management masterclass on his way to Catalan...
24m ago from MotorsportWeek.c...
Why MotoGP comeback king Marquez is struggling in...
No description available...
16h ago from Motorsport.com
Popular On IndyCarToday.com
Legge and DCR trying to find the right balance for...
No description available...
1d ago from Motorsport.com
Dixon: Honda “seems more level” with Chevy in Indy...
No description available...
14h ago from Motorsport.com
“Why are we doing this?”: Bob Varsha recalls the...
No description available...
1d ago from Motorsport.com
When a championship-winning NASCAR crew chief...
No description available...
17h ago from Motorsport.com
Popular On TotalWRC.com
Inside Hyundai's rally-meets-Nurburgring challenge
No description available...
3d ago from Motorsport.com
Hyundai’s plan to help Tanak unlock potential from...
No description available...
4d ago from Motorsport.com
WRC's 2025 rule change will create “pretty crap”...
No description available...
1w ago from Motorsport.com
Has the WRC finally turned a corner in its promotion...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal willing to activate release clause of...
Arsenal are reportedly prepared to activate Spanish winger Nico Williams...
4h ago from CaughtOffside.com
Exclusive: Arsenal star's situation depends on...
Arsenal star Emile Smith Rowe may be facing a slightly uncertain future at...
3h ago from CaughtOffside.com
Exclusive: Newcastle close in on two signings and set...
Newcastle United have held further talks with their agents to complete the...
3h ago from CaughtOffside.com
Arsenal's Aaron Ramsdale 'rules out move to Premier...
Arsenal's Aaron Ramsdale is reportedly unwilling to join Newcastle United,...
2h ago from SportsMole.co.uk
Comments
Hottest News
FIA announce Monaco penalty verdict for Ferrari star
Ferrari star Carlos Sainz has received a verdict... Read More »
5h ago from GPFans.com
F1 Monaco Grand Prix hit by TERRIFYING boat crash
Saturday at the Monaco Grand Prix was rocked by a... Read More »
3h ago from GPFans.com
Haas changes plans after disqualification in Monaco
After Haas was disqualified post-qualifying due... Read More »
54m ago from GPBlog.com