News Details
Caterham told that F1 race cars cannot leave factory
Caterham factory
The future of the struggling Caterham Formula One team was thrown into further doubt on Tuesday when an administrator laid claim to their race cars and warned they could not leave the factory without his agreement.
Team sources disputed that, however, and said they should not be affected by legal action involving a separate company to the one that holds the official entry rights to the championship and owns the cars.
Finbarr O'Connell, appointed on Friday as a joint administrator of Caterham Sports Limited (CSL) for London-based Smith & Williamson, told Reuters he hoped the situation could be resolved in the next few days.
The cars are due to leave the factory in central...
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11y ago from GrandPrix247.com
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