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 »
11y 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...
11y ago from GPUpdate.net
Administrator takes control at Caterham
In the latest chapter of the Caterham saga, the running of the F1 team...
11y ago from PlanetF1.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 F1 team handed to administrators
Caterham F1 Team is now in the hands of administrators in attempt to...
11y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
MotoGP's tightest title race in years: What...
The numbers back that up. According to Crash.net's post-race breakdown,...
14h 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...
14h ago from MotorsportWeek.c...
“This is not F1 on two wheels” - Carlos Ezpeleta...
No description available...
19h ago from Motorsport.com
Jorge Martin no longer obsessed with winning MotoGP...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
How to watch IndyCar 2026 at Markham: Weekend...
No description available...
17h ago from Motorsport.com
Foyt, Homes for Our Troops, and White House Historical...
No description available...
1d ago from Motorsport.com
First portion of 2027 IndyCar schedule confirmed
The NTT IndyCar Series has confirmed dates and locations for the first...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
What to expect from WRC Rally Scotland after FIA test...
No description available...
4d 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
Offer made: Arsenal approached over loan with view to...
Arsenal have reportedly been approached over a potential loan deal for...
1h ago from CaughtOffside.com
Arsenal begin talks over surprise move to sign...
Arsenal are reportedly interested in signing Bayer Leverkusen star Jarell...
52m ago from SportsKeeda.com
Just in: Arsenal in talks to sign England...
Arsenal have reportedly opened talks with Bayer Leverkusen over the...
2h ago from CaughtOffside.com
Arsenal open talks with Bayer Leverkusen over deal for...
t;li>Bundesliga club want at least 50m for England defenderGunners...
52m ago from TheGuardian.com
Comments
Hottest News
McLaren delivers bullish intent: ‘We have a duty' to...
McLaren has delivered a bullish intention for... Read More »
1h ago from MotorsportWeek.com
F1: McLaren questions Ferrari's upgrade programme
McLaren's engineering technical director, Neil... Read More »
52m ago from Pitpass.com
Lando Norris makes bold claim and explains why it 'hurts'
Lando Norris feels he is performing better than... Read More »
1h ago from RacingNews365.com
