News Details
Caterham at risk as manufacturer goes bankrupt
Caterham Sports Limited, which manufactures the Caterham F1 Team's Formula 1 cars, has gone into administration, putting hundreds of jobs at risk. Whilst the team itself insists this is nothing to worry about, it's likely to have some impact on how it operates, especially heading into next season. Though they share a name and a base in Leafield, the two companies are completely separate of one another. The F1 team and its all-important licence, are owned by 1 Malaysia Racing Team (1MRT). Caterham Sports Limited (CSL) is a separate company, though it is contracted by 1MRT to build its cars and upgrades. With the latter having gone bankrupt, owing upwards of £20 million to external...
Full Story »
Full Story »
10y ago from TheF1Times.com
0
You May Also Be Interested In...
Caterham seeking move away from Leafield HQ
Getty Images Enlarge Caterham says it fully intends to compete in the...
10y ago from espnF1.com
Fernandes sells Caterham GP2 team
Tony Fernandes
Malaysian entrepreneur Tony Fernandes has completed his...
10y ago from GrandPrix247.com
Caterham dismisses reports over future
– Caterham has dismissed media reports suggesting that Caterham...
10y ago from GPUpdate.net
Ravetto: Caterham looking for a new baseRavetto:...
Marcus Ericsson (SWE) Caterham CT05.
Formula One World Championship, Rd16,...
10y ago from Formula1.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP British GP: Marco Bezzecchi takes surprise win...
No description available...
1h ago from Motorsport.com
Marco Bezzecchi claims maiden Aprilia MotoGP victory...
Marco Bezzecchi claimed his maiden MotoGP victory for Aprilia at...
1h ago from MotorsportWeek.c...
Next British MotoGP rider still “years away”, say...
No description available...
4h ago from Motorsport.com
Fabio Quartararo “can’t be optimistic” for...
No description available...
4h ago from Motorsport.com
Popular On IndyCarToday.com
Why Pato O’Ward says “It's going to be a lot...
No description available...
16h ago from Motorsport.com
Why the Indy 500 is “fascinating puzzle” according...
No description available...
20h ago from Motorsport.com
Ryan Hunter-Reay completes shakedown of backup Indy...
Saturday morning at Indianapolis Motor Speedway, Ryan Hunter-Reay was...
1d ago from MotorsportWeek.c...
According to Marcus Ericsson, patience is the name of...
No description available...
23h ago from Motorsport.com
Popular On TotalWRC.com
Co-driver dies after crash during Jim Clark rally in...
Roberts, 39, was pronounced dead at the scene near Duns in the Scottish...
19h ago from TheGuardian.com
WRC signs new deal to race in Portugal until at least...
No description available...
3d ago from Motorsport.com
Rally Portugal criticism causes WRC, FIA to address...
No description available...
6d ago from Motorsport.com
WRC Portugal: Sebastien Ogier claims record-extending...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal make 'direct contact' for £146.9m winger as...
Arsenal reportedly add two new wingers to their transfer shortlist for the...
23m ago from SportsMole.co.uk
Arsenal lineup vs. Southampton confirmed as Mikel...
Arsenal and Southampton confirm their starting lineups for the final...
53m ago from SportsMole.co.uk
Arsenal eye surprise move for PL winger if they fail...
Arsenal are prepared to move for Brighton & Hove Albion star Kaoru Mitoma...
3h ago from SportsKeeda.com
Arsenal exploring move to sign re-sign player Mikel...
Arsenal are planning to bring Emiliano Martinez back to the Emirates this...
2h ago from SportsKeeda.com
Comments
Hottest News
LIVE: 2025 F1 Monaco Grand Prix
Follow all the action live from the Principality... Read More »
2h ago from RacingNews365.com
Christian Horner hijacks live F1 interview with Adrian...
Red Bull team principal Christian Horner has... Read More »
5h ago from GPFans.com
Fernando Alonso heartbreak as unwanted point-less run...
Fernando Alonso is the second driver to retire... Read More »
53m ago from RacingNews365.com