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...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Ai Ogura out of Aragon GP following Japan crash that...
No description available...
4h ago from Motorsport.com
Aprilia has found the formula to prevent Marco...
No description available...
6h ago from Motorsport.com
Fermin Aldeguer confirms move to VR46 Ducati on...
VR46 Racing Team has confirmed the signing of Fermin Aldeguer on a...
11h ago from MotorsportWeek.c...
Tech3 KTM announce Luca Marini to join MotoGP team...
Tech3 KTM has announced Luca Marini will join the MotoGP team ahead of...
11h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Honda completes historic 2026 IndyCar street circuit...
No description available...
3h ago from Motorsport.com
IndyCar’s Freedom 250 GP draws large TV audience
Last Sunday, the NTT IndyCar Series held an event in Washington D.C., and...
8h ago from MotorsportWeek.c...
From one-off to annual fixture? Freedom 250 Grand Prix...
No description available...
6h ago from Motorsport.com
Washington D.C. IndyCar viewership was the highest for...
No description available...
23h ago from Motorsport.com
Popular On TotalWRC.com
FIA: Attracting Chinese manufacturers a “clear...
No description available...
1d ago from Motorsport.com
Could qualifying resolve the WRC’s 2027 road order...
No description available...
2d ago from Motorsport.com
Sebastien Ogier ready for WRC return after Finland...
No description available...
5d ago from Motorsport.com
Champion rally driver Alex Fiorio dies aged 61
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'Zero per cent chance' - Atleti shut down Barca's...
The noise around Atletico Madrid forward Julian Alvarez refuses to go away...
4h ago from SkySports.com
Former Chelsea defender Ashley Cole makes Arsenal...
Former Chelsea defender Ashley Cole has made a claim about Arsenal when...
7h ago from SportsKeeda.com
0% chance of Arsenal transfer target joining...
Atletico Madrid are insisting there is 0% chance of selling Julian Alvarez...
7h ago from CaughtOffside.com
Update: Barcelona have 'made the financial means...
Barcelona reportedly look set to push until the end of the transfer window...
8h ago from CaughtOffside.com
Comments
Hottest News
Surprise round could host F1 2027 opener and FIA make...
Catch up on the biggest news stories of the day... Read More »
1h ago from RacingNews365.com
F1 paddock insider shares fascinating verdict on Aston...
Former F1 star turned pundit Ralf Schumacher has... Read More »
1h ago from GPFans.com
F1: FIA reveals ADUO rankings
Red Bull the power unit benchmark as FIA grants... Read More »
5h ago from Pitpass.com
