News Details
Caterham’s new owners threaten to pull out
dir="ltr" style="line-height:1.15;margin-top:0pt;margin-bottom:0pt;">
October 22nd, 2014 (F1Plus / Rosie Baillie) - The future of the Caterham F1 team has been cast into doubt as new owners threaten to pull out. Tony Fernandes sold the Leafield based team to a consortium of Swiss and Middle Eastern buyers before the British Grand Prix. A strongly worded statement from Caterham on Wednesday night said that the seller had failed to transfer shares to the buyers. This means the new owners have been funding the team for the past three months but do not have a legal title to say they own the team. The statement went onto say that the new owners were now exploring...
Full Story »
Full Story »
10y ago from F1Plus.com
0
You May Also Be Interested In...
Caterham future cast into doubt as new owners threaten...
+ The new management of the Caterham F1 Team has issued a warning that it...
10y ago from RichlandF1.com
Caterham F1 on the brink as buyers threaten to pull out
Caterham faces an uncertain future after the team's buyers threaten to...
10y ago from Crash.net
Caterham threatens action against Fernandes
Caterham F1 Team
The situation at Caterham has taken another turn as new...
10y ago from F1Zone.net
Fernandes sells Caterham GP2 team
Tony Fernandes
Malaysian entrepreneur Tony Fernandes has completed his...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Honda MotoGP ‘interested' in signing Jorge Martin
Honda team boss Alberto Puig has revealed that the team are interested in...
1h ago from MotorsportWeek.c...
Alex Marquez tops the timesheets in second Silverstone...
Alex Marquez produced a record-breaking lap in the closing seconds to top...
17h ago from MotorsportWeek.c...
Ai Ogura uncertain for MotoGP British GP after Friday...
No description available...
15h ago from Motorsport.com
Franco Morbidelli suffers second grid penalty of...
No description available...
15h ago from Motorsport.com
Popular On IndyCarToday.com
Josef Newgarden leads Indy 500 final practice, RHR's...
No description available...
16h ago from Motorsport.com
Josef Newgarden and team win Pit Stop Challenge in...
No description available...
13h ago from Motorsport.com
Costly Carb Day practice as Josef Newgarden fastest
Friday was Carb Day at the Indianapolis Motor Speedway, with drivers...
17h ago from MotorsportWeek.c...
‘A shock and a pity:’ Penske drivers respond to...
The past five days have been adventurous for all the wrong reasons for...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC signs new deal to race in Portugal until at least...
No description available...
1d ago from Motorsport.com
Rally Portugal criticism causes WRC, FIA to address...
No description available...
5d ago from Motorsport.com
WRC Portugal: Sebastien Ogier claims record-extending...
No description available...
5d ago from Motorsport.com
Sebastien Ogier laments “most demanding” rally...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Champions League final + Berta's big summer
Morning. A quick Saturday round-up for you, starting of course with the...
1h ago from Arseblog.com
Report: Liverpool on alert as Arsenal star refuses to...
Premier League champions Liverpool are monitoring the situation of one of...
1h ago from CaughtOffside.com
Arsenal star ready to join European giants because of...
Arsenal defender Jakub Kiwior is ready to leave the Emirates this summer,...
1h ago from SportsKeeda.com
Sky Sports journalist: Arsenal involved in talks to...
Arsenal are exploring the opportunity to strengthen their attack in the...
2h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin 'blind' in vital area despite spending millions
For the hundreds of millions spent on turning... Read More »
3h ago from RacingNews365.com
Lance Stroll ‘better than people think' – Newey
May 24 Adrian Newey admits he has 'no idea'... Read More »
1h ago from OneStopStrategy.com
Racing Bulls duo charges into Monaco spotlight with...
Racing Bulls emerged as an unexpected force in... Read More »
1h ago from F1i.com
