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Administrator lays claim to Caterham cars
There is no end in sight for Caterham's woes with an administrator saying he won't allow the team's cars to leave the factory until "an acceptable agreement" is reached.
Just weeks after facing legal action from axed employees and having some of their goods seized by bailiffs, the team was thrown into further turmoil when Caterham Sports Limited (CSL) went into administration on Monday.
The Leafield-based squad, though, insisted that "the administration does not threaten the racing team" as the F1 Team is a separate entity. However, there was more bad news on Tuesday with Finbarr O'Connell, a joint administrator of Caterham Sports Limited (CSL) for London-based Smith &...
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11y ago from PlanetF1.com
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