News Details
Caterham threatens action against Fernandes
Caterham F1 Team
The situation at Caterham has taken another turn as new owners have threatened to take legal action against Tony Fernandes after they claimed that the shares have not been transferred.
It was announced in July that Fernandes was selling his squad to a group of Swiss and Middle Eastern investors but the new owners claim that the current situation, in which administrators have been called, has had a 'devastating effect' on the Formula 1 team.
Caterham released a statement late on Wednesday to clarify the situation at the Leafield-based squad.
"On 29 June 2014, Caterham Enterprises Ltd, Caterham (UK) Ltd and Sheikh Mohamed Nasarudin (Seller) and their shareholders Tony...
Full Story »
Full Story »
11y ago from F1Zone.net
0
You May Also Be Interested In...
Fernandes sells Caterham GP2 team
Tony Fernandes
Malaysian entrepreneur Tony Fernandes has completed his...
11y ago from GrandPrix247.com
Tony Fernandes sells Caterham GP2 outfit to Status GP
Tony Fernandes sells Caterham GP2 outfit to Status GPPosted On 17 Oct...
11y ago from ThisIsF1.com
Fernandes sells Caterham GP2 team
Fernandes has completed his exit from top open-wheeler racing by selling...
11y ago from GrandPrix.com
Caterham F1 owners unable to fund company
The current owners of Caterham “have been unable to fund” a company...
11y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Davide Tardozzi: Ducati 'slapped in the face' by...
No description available...
11h ago from Motorsport.com
MotoGP: Qatar GP ‘unlikely', but a ‘plan...
MotoGP Sports Entertainment Group has admitted that the Qatar Grand Prix...
12h ago from MotorsportWeek.c...
Michelin boss reveals potential cause of ‘never...
Marc Marquez admits the puncture that cost him a podium finish at the...
12h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Winners and losers from the 2026 IndyCar season-opener...
No description available...
1d ago from Motorsport.com
Mick Schumacher’s IndyCar debut returns him to the...
Mick Schumacher began his IndyCar career this past weekend, competing in...
1d ago from MotorsportWeek.c...
Watch: Mick Schumacher taken out on opening lap of...
Fans of Mick Schumacher could switch off early after his IndyCar debut at...
2d ago from MotorsportWeek.c...
Mick Schumacher's IndyCar debut ends in Lap 1 crash
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
1d ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
4d ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
“No words needed” – Pascal Gross rips into...
Brighton & Hove Albion’s Pascal Gross has slammed Arsenal’s...
3h ago from CaughtOffside.com
‘Only one team tried to play’: Hürzeler hits out...
t;li>‘They are doing their own rules, no matter how they...
3h ago from TheGuardian.com
Arsenal fans will love what David Raya was seen doing...
Arsenal goalkeeper David Raya cemented his status as a fan favorite on...
5h ago from CaughtOffside.com
'Has been immense this game', 'Was f**ing...
Arsenal fans have singled out Gabriel Magalhaes for praise over his...
4h ago from SportsKeeda.com
Comments
Hottest News
Aston Martin set to DNF at Australian Grand Prix as Alonso...
Aston Martin are unlikely to finish Sunday's... Read More »
2h ago from GPFans.com
Aston Martin reveal 'permanent nerve damage' risk to...
Aston Martin has shared a surprising threat to... Read More »
3h ago from RacingNews365.com
Valtteri Bottas provides significant update over Australian...
Valtteri Bottas was due to serve a grid penalty... Read More »
32m ago from RacingNews365.com
