News Details
Administrator takes control at Caterham
In the latest chapter of the Caterham saga, the running of the F1 team has been handed over to administrators.
Although the Engavest consortium purchased the Caterham F1 team earlier this season, they claim previous owner Tony Fernandes had not fulfilled his part of the deal by handing over shares.
Fernandes, however, countered that by saying Engavest are the ones in the wrong and have not paid the team's creditors.
Their dispute ultimately resulted in Caterham Sports Limited (CSL), who make and service the F1 cars for entry holder 1Malaysia Racing Team (1MRT), going into administration.
With the doors to the team's Leafield factory locked, the cars inside and the United States GP looming,...
Full Story »
Full Story »
11y ago from PlanetF1.com
0
You May Also Be Interested In...
Caterham: Administrator 'reaching out'
The administrator handed responsibility for the Caterham F1 team has said...
11y ago from SkySports.com
Management of Caterham F1 team handed to administrator
Caterham has announced that management of the Caterham team has been...
11y ago from Pitpass.com
Caterham hands over to administrators
Caterham F1 Team
Caterham F1 Team has confirmed that it has handed over...
11y ago from F1Zone.net
Caterham handed over to administrators
– Caterham's management has decided to step back and hand-over the...
11y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Only four riders on the current grid have yet to win a...
No description available...
1d ago from Motorsport.com
Explained: the error that led to Fabio Quartararo’s...
No description available...
2d ago from Motorsport.com
MotoGP's tightest title race in years: What...
The numbers back that up. According to Crash.net's post-race breakdown,...
2d ago from MotorsportWeek.c...
How to fix small paint chips like a motorsport mechanic
The good news is that most everyday chips can be stabilised and blended...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar Markham starting lineup: Louis Foster storms...
No description available...
13h ago from Motorsport.com
Alex Palou crashes in Markham qualifying after rare...
No description available...
12h ago from Motorsport.com
Foster drove “with a bit of rage” in Fast Six en...
No description available...
12h ago from Motorsport.com
Louis Foster speeds to IndyCar pole in messy...
The NTT IndyCar Series held a knockout qualifying session on the brand...
13h ago from MotorsportWeek.c...
Popular On TotalWRC.com
What to expect from WRC Rally Scotland after FIA test...
No description available...
6d ago from Motorsport.com
Thierry Neuville claims WRC Rally Finland was...
No description available...
1w ago from Motorsport.com
FIA sets deadline for WRC Saudi Arabia decision
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal to retain title? Liverpool above Man Utd? Sky...
Will Arsenal retain the title? What's in store for Manchester City,...
1h ago from SkySports.com
Arteta: There's more we want to do in the transfer...
Mikel Arteta says Arsenal are actively looking for more new signings in...
1h ago from SkySports.com
Papers: Arsenal lead race for £50m-rated Hinshelwood
The top stories and transfer rumours from Saturday's newspapers...
1h ago from SkySports.com
Arsenal star Gabriel Martinelli subject to interest...
Arsenal star Gabriel Martinelli has reportedly garnered interest from...
1h ago from SportsKeeda.com
Comments
Hottest News
Stefano Domenicali confirms F1 approach to next set of...
F1 CEO Stefano Domenicali has confirmed the... Read More »
1h ago from MotorsportWeek.com
F1 Odds: Title race latest as experts predict Lewis...
Lewis Hamilton trails Kimi Antonelli by 50 points... Read More »
34m ago from GPFans.com
Red Bull unveil fresh Dutch GP look for Max Verstappen and...
The Red Bull drivers will have a fresh look for... Read More »
54m ago from RacingNews365.com
