News Details
Caterham buyer refutes Fernandes 'allegations'
– Caterham buyer Engavest "strongly refutes allegations" made by Tony Fernandes and Caterham Group CEO Graham Macdonald, claiming once more that it met its obligations following the sale of the team.In a statement on Thursday afternoon, Fernandes declared that he had not transferred relevant shares in the team due to Engavest failing to pay creditors.But the escalation continued when Engavest issued a counter-statement to reiterate that it fulfilled the required conditions and that it was Fernandes who did not keep to the deal."Engavest SA, strongly refutes the allegations of Tony Fernandes and Caterham Group CEO Graham Macdonald regarding its conduct while trying to...
Full Story »
Full Story »
11y ago from GPUpdate.net
0
You May Also Be Interested In...
Caterham buyer 'strongly refutes' Fernandes claims
Caterham F1 Team
Caterham buyer Engavest SA say they 'strongly refute'...
11y ago from F1Zone.net
Fernandes blames Caterham buyer for issues
– Tony Fernandes says the Caterham Formula 1 team's buyer is fully...
11y ago from GPUpdate.net
Caterham buyer says Fernandes still owns team
+ Caterham’s buyer Engavest insists that despite fulfilling its end of...
11y ago from RichlandF1.com
Fernandes slams Caterham buyer
Caterham F1 founder Tony Fernandes has hit back at claims made by the...
11y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo and Honda “a match made in...
No description available...
34m ago from Motorsport.com
Liberty Media reaffirms Ezpeleta family’s leadership...
No description available...
3h ago from Motorsport.com
Enea Bastianini completes 2027 Trackhouse MotoGP lineup
Trackhouse has confirmed the signing of Enea Bastianini on a two-year...
1d ago from MotorsportWeek.c...
KTM finally gets to 'revitalize' its MotoGP engines
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar driver Graham Rahal spars with politicians...
No description available...
2h ago from Motorsport.com
Lundgaard ‘Happy to not see Palou win for once’ en...
No description available...
21h ago from Motorsport.com
Andretti and Will Power hitting stride after rough...
Will Power earned his third consecutive IndyCar podium on Sunday while...
1d ago from MotorsportWeek.c...
Official race results: 2026 IndyCar Freedom 250 Grand...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Could qualifying resolve the WRC’s 2027 road order...
No description available...
1d ago from Motorsport.com
Champion rally driver Alex Fiorio dies aged 61
No description available...
1w ago from Motorsport.com
Sebastien Ogier ready for WRC return after Finland...
No description available...
4d ago from Motorsport.com
Esapekka Lappi to rejoin Hyundai for WRC Rally Chile
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Italian club make late push to sign 29-year-old...
Gabriel Jesus’ Arsenal future remains uncertain heading into the final...
2h ago from CaughtOffside.com
Romano confirms ‘internal feeling' at Arsenal...
Arsenal remain firmly interested in signing Atletico Madrid striker Julian...
3h ago from CaughtOffside.com
Romano: Arsenal wait for signal from world class...
Julian Alvarez's move to Barcelona isn't happening – but given the...
3h ago from CaughtOffside.com
Champions League favourites 2026/27: Who can stop PSG...
With PSG winning the UEFA Super Cup against Aston Villa last night, it's...
4h ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen to take on 100 drivers at the same time in...
Max Verstappen is preparing for the ultimate... Read More »
54m ago from RacingNews365.com
Mercedes confirms Antonelli grid penalty for Italian GP
Kimi Antonelli’s homecoming at Monza is set to... Read More »
44m ago from F1i.com
Adrian Newey's wife takes down Aston Martin critic with...
Adrian Newey's wife had the perfect one-word... Read More »
3h ago from GPFans.com
