News Details
Caterham F1 facing two-week deadline
Caterham's administrators say the team is facing a two-week deadline before it is likely to be wound down. Caterham Sports Limited (CSL) went in to administration last week, with the whole team being handed over to the administrators shortly after in an attempt to find a buyer. With the team skipping the United States and Brazilian grands prix, joint administrator Henry Shinners told Sky Sports that the aim was to find a buyer in time to race in Abu Dhabi, otherwise he sees no future for the team. “We're continuing our efforts to try and find a buyer for the team, bearing in mind the workforce are the lifeblood of the team,” Shinners said. “We feel that if a buyer doesn't come...
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