News Details
Official: Caterham sold to Swiss and Middle Eastern investors
Following days of speculation resulting from Tony Fernandes mysterious tweet last Friday, Caterham has this afternoon issued the following statement.:'Caterham F1 Team is pleased to confirm that Tony Fernandes and his partners have sold the team to a consortium of Swiss and Middle Eastern investors, advised by former F1 Team Principal Colin Kolles. Under the terms of the sale, the team will continue to race as Caterham F1 Team and will remain based at Leafield for the foreseeable future.The new ownership takes charge with immediate effect. Former F1 driver, Christijan Albers, assisted by Manfredi Ravetto, will take over the day-to-day running of the team, reporting directly to the board...
Full Story »
Full Story »
10y ago from Pitpass.com
0
You May Also Be Interested In...
Caterham confirms new management structure
Caterham F1 Team
Caterham has confirmed that Tony Fernandes and his...
10y ago from F1Zone.net
Tony Fernandes hints at Caterham sale
Caterham owner Tony Fernandes has dropped the biggest hint yet that he...
10y ago from RichlandF1.com
Caterham boss Fernandes admits 'F1 hasn't worked'
Caterham owner Tony Fernandes has once again reignited speculation that he...
10y ago from TheF1Times.com
Fernandes closes on Caterham F1 sale
The future of the Caterham F1 team is expected to become clearer this...
10y ago from SpeedCafe.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin suffers fractures in test crash to cast...
t;li>Aprilia rider hit the track face first as his helmet...
51m ago from TheGuardian.com
MotoGP champion Martin out of Sepang test after...
No description available...
1h ago from Motorsport.com
Quartararo fastest on first day of Sepang MotoGP test,...
No description available...
2h ago from Motorsport.com
Martin taken to hospital after horror crash in Sepang...
No description available...
7h ago from Motorsport.com
Popular On IndyCarToday.com
Andretti Global shows off new liveries for 2025...
Andretti Global has revealed a trio of new liveries for the team’s cars...
1d ago from MotorsportWeek.c...
Penske President Tim Cindric to reduce leadership role
Team Penske announced on Friday afternoon that long-time President Tim...
4d ago from MotorsportWeek.c...
Zak Brown: IndyCar "should slipstream on the back...
No description available...
6d ago from Motorsport.com
Team Penske's Tim Cindric steps back from his...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Fourmaux to keep ‘head on shoulders’ after...
No description available...
6d ago from Motorsport.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
1w ago from Motorsport.com
The five big takeaways from the WRC Rally Monte Carlo
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal were offered 2x Champions League winner but...
Arsenal were reportedly offered the signing of Spanish striker Alvaro...
1h ago from CaughtOffside.com
Newcastle vs. Arsenal: Why Mikel Arteta's 'underdogs'...
Arsenal expert Charles Watts gives his take on whether the Gunners are...
2h ago from SportsMole.co.uk
Tottenham Hotspur beat rivals Arsenal, Man City to...
Tottenham Hotspur announce the capture of Mason Melia from League of...
3h ago from SportsMole.co.uk
One more push as Arsenal seek a Wembley showdown
Right, one more push. After a gruelling January schedule, February started...
5h ago from Arseblog.com
Comments
Hottest News
Montoya's bold claim: 'Nobody will beat' Hamilton in a fast...
Ferrari fans, brace yourselves—because Juan... Read More »
2h ago from F1i.com
Newey gets Aston Martin BOOST as team announce new signing
Adrian Newey and Aston Martin have been handed a... Read More »
3h ago from GPFans.com
Kimi Antonelli reveals ambitious mindset heading into his...
Andrea Kimi Antonelli has expressed that his... Read More »
1h ago from MotorsportWeek.com
