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
Ai Ogura rues missed chance at Thai GP: 'I'm surprised...
No description available...
3h ago from Motorsport.com
Ducati's four-year MotoGP podium streak ends in...
No description available...
8h ago from Motorsport.com
Marc Marquez on Thai GP puncture: 'It was like I hit a...
No description available...
6h ago from Motorsport.com
Michelin cites aggressive kerbs for Marc Marquez’s...
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
Nikita Johnson rolls to Indy NXT victory in St....
No description available...
1h ago from Motorsport.com
IndyCar St. Petersburg – Qualifying Results
25 drivers of the NTT IndyCar Series took to the streets of St....
18h ago from MotorsportWeek.c...
Scott McLaughlin earns IndyCar St. Pete pole, Coyne...
No description available...
18h ago from Motorsport.com
Dale Coyne relishes 'extraordinary' double Fast 6...
No description available...
16h ago from Motorsport.com
Popular On TotalWRC.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
1d ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
3d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
“My only problem” - Chelsea fans concerned with...
Chelsea fans are concerned about Jorrel Hato after he was named in the...
1h ago from SportsKeeda.com
Arsenal v Chelsea: Premier League – live
Premier League updates from the 4.30pm GMT kick-off<br>⚽ <a...
2h ago from TheGuardian.com
No Odegaard for Arsenal as Chelsea start Sarr LIVE on...
No description available...
2h ago from SkySports.com
Chelsea interested in signing £61 million-rated star...
Chelsea and Arsenal are reportedly set to battle for Paris Saint-Germain...
6h ago from SportsKeeda.com
Comments
Hottest News
Christian Horner reveals ‘a******’ Toto Wolff message...
Former Red Bull F1 boss Christian Horner has... Read More »
4h ago from GPFans.com
F1 youngster tipped to get rival driver sacked
A former F1 driver has claimed that one young... Read More »
1h ago from GPFans.com
Ex-F1 star suffers early exit after making IndyCar debut
A former F1 star has had a dismal start to their... Read More »
54m ago from GPFans.com
