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 »
10y 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...
10y 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...
10y ago from ThisIsF1.com
Fernandes sells Caterham GP2 team
Fernandes has completed his exit from top open-wheeler racing by selling...
10y ago from GrandPrix.com
Caterham F1 owners unable to fund company
The current owners of Caterham “have been unable to fund” a company...
10y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Kuala Lumpur emerges as favourite to host 2026 MotoGP...
No description available...
20m ago from Motorsport.com
BMW admits 2027 MotoGP entry ‘not viable’ as it...
BMW has admitted it is “not viable” for the German manufacturer to...
1d ago from MotorsportWeek.c...
Why the next contract matters more to Fabio Quartararo...
No description available...
2d ago from Motorsport.com
Honda in conundrum over Somkiat Chantra stand-in for...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Winners and losers from IndyCar’s Portland 2025...
No description available...
22h ago from Motorsport.com
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
22h ago from MotorsportWeek.c...
IndyCar Portland – Race Results
The final road course event of the 2025 IndyCar season was contested on...
1d ago from MotorsportWeek.c...
Alex Palou clinches title, becomes IndyCar’s newest...
Alex Palou is the champion of the 2025 NTT IndyCar Series, having locked...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1w ago from MotorsportWeek.c...
Kurt Busch backs WRC return to USA after first taste...
No description available...
1w ago from Motorsport.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
1w ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Spurs open Eberechi Eze talks as they try to beat...
t;li>Arsenal have been ahead but want to make sales firstSpurs do not...
3h ago from TheGuardian.com
'He can destroy you' - Arteta's warning for rivals as...
Viktor Gyokeres scored his first goal for Arsenal as the Gunners finished...
3h ago from SkySports.com
“Little too much pressure” - Robbie Fowler...
Robbie Fowler has predicted who among Viktor Gyökeres, Benjamin Sesko,...
2h ago from SportsKeeda.com
Comments
Hottest News
F1 CEO open to radical grand prix weekend change
F1 has added fresh elements to its weekend... Read More »
29m ago from RacingNews365.com
McLaren will let Piastri and Norris shape F1 title...
In a season dominated by McLaren’s Lando Norris... Read More »
40m ago from F1i.com
F1 News Today: Major Lewis Hamilton career change tipped as...
Seven-time F1 world champion Lewis Hamilton has... Read More »
2h ago from GPFans.com
