News Details

Caterham confirms new management structure

Caterham F1 Team Caterham has confirmed that Tony Fernandes and his partners have sold the team to a consortium of Swiss and Middle Eastern investors, advised by former Formula 1 team principal Colin Kolles. Fernandes entered the sport at the start of 2010 but has now departed the set-up, along with team principal Cyril Abiteboul. Christijan Albers, who raced in Formula 1 between 2005 and 2007, will take over day-to-day running of the team from Abiteboul, assisted by Manfredi Ravetto. The identity of the new investors has not been revealed. The new owners have targeted 10th place in this year's championship. "We are aware of the huge challenge ahead of us given the fight at the bottom...
Full Story »
11y ago from F1Zone.net 0
Share

You May Also Be Interested In...

Caterham silent on Albers CEO rumours

– Caterham have refused to comment on reports that former Formula 1...
11y ago from GPUpdate.net

Fernandes on verge of confirming Caterham F1 sale

Tony Fernandes Ever since team founder and principal backer Tony...
11y ago from GrandPrix247.com

Kolles appoints Albers as new Caterham boss

Colin Kolles with Christijan Albers Dutchman Christijan Albers, a former...
11y ago from GrandPrix247.com

Fernandes to confirm Caterham team sale this week

Ever since team founder and main backer Tony Fernandes departed Twitter...
11y ago from GrandPrix.com

Elsewhere On The Network

Popular On MGPToday.com

Pedro Acosta says the third MotoGP race start...

Pedro Acosta questioned the decision to continue the MotoGP Catalan Grand...
15h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Mick Schumacher reveals unique challenge ahead of Indy...

Mick Schumacher has revealed a unique challenge he faces ahead of his...

Alexander Rossi involved in multi-car crash in...

Monday afternoon held a short practice session for the NTT IndyCar...

Popular On TotalWRC.com

Popular On GunnersToday.com

Bukayo Saka and Declan Rice hit back at rivals as...

Arsenal duo Bukayo Saka and Declan Rice have mockingly called out rival...
6m ago from SportsKeeda.com

Watch: Wild scenes! The moment Arsenal players found...

Arsenal's players erupted in wild celebrations as they watched Manchester...
5h ago from CaughtOffside.com

Declan Rice sends six-word message on social media...

Arsenal have been crowned as the champions of the Premier League after...
7h ago from CaughtOffside.com

Arsenal wonderkid open to Bundesliga move as Euro...

Ethan Nwaneri has been linked with a permanent exit from Arsenal at the...
9h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.