News Details
Caterham staff made redundant
Caterham saga continues
On the very day Caterham announced it will return to the grid for the Abu Dhabi Grand Prix, the beleaguered Formula 1 team's entire staff was made redundant.
After a controversial crowdfunding scheme raised $3 million for the embattled backmarker, administrator Finbarr O'Connell announced that Caterham is heading to Abu Dhabi for the 2014 finale.
A statement said it was made possible 'through Crowdcube, the world's leading investment crowdfunding platform'.
Crucially, Crowdcube's service accountancy and tax adviser is Smith and Williamson — the company Caterham administrator and interim team boss O'Connell works for.
So with O'Connell now faced with claims the...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
Caterham set for Abu Dhabi return
LONDON, Nov 14, 2014 (AFP) - The struggling Caterham team are set to...
11y ago from F1Plus.com
Caterham to race in Abu Dhabi after crowdfunding
Formula One team Caterham will compete in the season-ending Abu Dhabi...
11y ago from F1Pulse.com
Caterham confirms Abu Dhabi participation
Caterham F1 Team
Caterham has confirmed that it will make its Formula 1...
11y ago from F1Zone.net
Caterham administrator positive over future
Caterham F1 Team
Administrators acting on behalf of Caterham say that a...
12y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Jorge Lorenzo describes Marc Marquez as “the Ayrton...
No description available...
17h ago from Motorsport.com
Maverick Vinales to undergo extensive medical checks:...
No description available...
21h ago from Motorsport.com
Francesco Bagnaia undergoes successful surgery on...
No description available...
1d ago from Motorsport.com
Exclusive: Jake Dixon opens up on Moto2 exit, WorldSBK...
Ahead of his Qatar MotoGP return, Jake Dixon sat down with Motorsport...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar 2026 season review: Rahal Letterman Lanigan...
No description available...
15h ago from Motorsport.com
Chip Ganassi Racing links reserve IndyCar role with...
Chip Ganassi Racing has signed a reserve driver for the street and road...
16h ago from MotorsportWeek.c...
Chip Ganassi Racing signs Alessandro de Tullio for...
No description available...
17h ago from Motorsport.com
Mick Schumacher to skip wrist operation before 2027...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Vintage cars tackle slate mine slopes in Lakeland...
No description available...
1d ago from TheGuardian.com
Sebastien Loeb tests again as Project Rally One...
No description available...
1d ago from Motorsport.com
New WRC constructor offers update on 2027 car...
No description available...
5d ago from Motorsport.com
Oliver Solberg relishing Toyota’s historic Celica...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Contact made: Arsenal rival Chelsea for their top...
Arsenal have reportedly made contact with Bournemouth over a potential...
1h ago from CaughtOffside.com
Cristiano Ronaldo makes surprise move: All you need to...
Cristiano Ronaldo has confirmed production is under way on Day 1s, his...
1h ago from SportsKeeda.com
The virtues of patience
Good morning from Brixton. Let's take a journey back in time. It's 13...
1h ago from Arseblog.com
Viktor Gyokeres described as worst loser in Arsenal...
Kai Havertz has named Viktor Gyokeres as the worst loser in the Arsenal...
24m ago from SportsKeeda.com
Comments
Hottest News
Hamilton backed in Ferrari row as team boss says contract...
Former F1 star Juan Pablo Montoya has backed... Read More »
1h ago from GPFans.com
Red Bull voice surprise at 'great' F1 consequence of...
The top four F1 teams have converged unexpectedly... Read More »
1h ago from RacingNews365.com
Wolff reveals Mercedes won't let him quit
Nov.12 Toto Wolff has revealed that he... Read More »
2h ago from OneStopStrategy.com
