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Struggling Caterham in race to send cars to Austin

Caterham's financial troubles appear to be deepening, as it emerges the struggling F1 team may have no cars to race at the forthcoming US grand prix. Reuters reports that the green cars are scheduled to leave Caterham's Leafield factory bound for Austin this weekend. But the man appointed to oversee the administration of Caterham Sports Limited, reportedly a separate company to the F1 team but also based at Leafield, is warning he will not be releasing the cars amid a legal dispute. It is the latest instalment in Caterham's financial troubles following the sale of the struggling team by founder Tony Fernandes to a mysterious consortium represented by advisor Colin Kolles, of HRT and Spyker...
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11y ago from GrandPrix.com 0
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