News Details
Caterham confirms team sale
Caterham on Wednesday made it official, announcing Tony Fernandes' sale of the struggling F1 team.
In a media statement, the team - which will continue to be called Caterham and be based at Leafield - said it is now owned by "a consortium of Swiss and Middle Eastern investors".
The new owners are being "advised" by former HRT and Force India chief Colin Kolles, with the ex-Minardi driver and Dutchman Christijan Albers replacing Cyril Abiteboul - who is pursuing "new challenges" - as team boss.
"We are aware of the huge challenge ahead of us given the fight at the bottom end of the championship and our target now is to aim for tenth place in the 2014...
Full Story »
Full Story »
10y ago from GrandPrix.com
0
You May Also Be Interested In...
Caterham sale has Formula 1 world confused
Puzzled heads are being scratched in the Formula 1 paddock, the day after...
10y ago from GrandPrix247.com
Tony Fernandes hints at Caterham sale
Caterham owner Tony Fernandes has dropped the biggest hint yet that he...
10y ago from RichlandF1.com
Fernandes sells Caterham F1 team
Tony Fernandes has finally cut his ties to the Caterham Formula One team...
10y ago from SuperSport.com
Caterham confirms sale to consortium
Sutton Images Enlarge Caterham will continue to compete in Formula One...
10y ago from espnF1.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP riders say controversial tyre pressure rules...
No description available...
5h ago from Motorsport.com
Details emerge on Marc Marquez rejecting Honda's...
The details of Honda’s proposed colossal contract extension offer to...
9h ago from MotorsportWeek.c...
Jorge Martin to return to Spain on Saturday on a...
No description available...
6h ago from Motorsport.com
Aleix Espargaro “more like a cyclist than a MotoGP...
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou tops busy final Indy 500 test day
The NTT IndyCar Series wrapped up a two day test session on Thursday,...
1h ago from MotorsportWeek.c...
Larson, Sato crash in high-boost Indy 500 test session
The second day of IndyCar’s Indy 500 open test opened with qualifying...
6h ago from MotorsportWeek.c...
IndyCar 2nd practice quickly red flagged again after...
No description available...
7h ago from Motorsport.com
Scott McLaughlin fastest as speeds top 232mph in Day 2...
No description available...
11m ago from Motorsport.com
Popular On TotalWRC.com
FIA: No plan to change WRC Rally1 rules for 2026 amid...
No description available...
5h ago from Motorsport.com
Fourmaux reacts to support from WRC rivals amid FIA...
No description available...
8h ago from Motorsport.com
M-Sport chief Malcolm Wilson nominated as FIA deputy...
Malcolm Wilson, OBE, and founder of title-winning WRC outfit M-Sport, has...
1d ago from MotorsportWeek.c...
Malcolm Wilson nominated as new FIA deputy...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Man United 'to hold key transfer meeting' as deal for...
Manchester United will allegedly meet with Wolverhampton Wanderers next...
5h ago from SportsMole.co.uk
'I could be wrong, but I’m wrong quite rarely' -...
Paris Saint-Germain (PSG) head coach Luis Enrique has hailed midfielder...
6h ago from SportsKeeda.com
Paul Merson predicts Liverpool vs Tottenham and other...
Gameweek 34 of the Premier League is already underway, with Manchester...
7h ago from SportsKeeda.com
Report: Arsenal striker target would prefer to join...
Arsenal will look to sign a new top-level striker this summer, with new...
6h ago from CaughtOffside.com
Comments
Hottest News
F1 News Today: Hamilton quit fears as legend suffers...
Formula 1 legend Lewis Hamilton has been tipped... Read More »
51m ago from GPFans.com
Daniel Ricciardo is 'great' at one thing other drivers hate
Formula 1 star Oscar Piastri's mum Nicole Piastri... Read More »
2h ago from GPFans.com
Insiders tip imminent retirement for Hamilton
Apr.24 A surprise contender to potentially snap... Read More »
13h ago from OneStopStrategy.com