News Details
Caterham management threatens to leave
New clouds have gathered over the Caterham F1 Team as new owners have threatened to pull the plug on the team, claiming that Tony Fernandes, former owner of the team, is not completing the transaction as deemed necessary.
A press release made by the team states: 'Since the date of the sales Agreement on 29 June 2014, the former owner has refused to comply with its legal obligations to transfer their shares to Engavest. The Buyer has been left in the invidious position of funding the team without having legal title to the team it had bought. This is in total contradiction to the Seller’s press release of 3 October 2014 which stated that Mr Fernandes and his Caterham Group had no longer any...
Full Story »
Full Story »
10y ago from F1Technical.net
0
You May Also Be Interested In...
Caterham F1 owners could quit over ownership row
Sutton Images Enlarge Caterham's current owners have threatened to...
10y ago from espnF1.com
Caterham F1 future in fresh doubt
Further doubt has been cast on the future of the Caterham team following...
10y ago from BBC.co.uk
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
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
Elsewhere On The Network
Popular On MGPToday.com
Joan Mir suffers fracture after French GP collision...
No description available...
3h ago from Motorsport.com
Marc Marquez states importance of second at French GP...
No description available...
3h ago from Motorsport.com
Jack Miller "devastated" by French GP crash...
No description available...
3h ago from Motorsport.com
Johann Zarco says French GP win will help factory...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou dominates IndyCar field, extends winning...
No description available...
21h ago from Motorsport.com
Here are IndyCar’s Winners and Losers heading to the...
No description available...
20h ago from Motorsport.com
IndyCar: Graham Rahal leaves Indy race yearning for...
No description available...
20h ago from Motorsport.com
Tire strategy undoes Graham Rahal’s best win chance...
Graham Rahal started in second place for Saturday’s Sonsio Grand Prix...
20h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Discover the updated WRC 2027 rules presented to WRC...
No description available...
2d ago from Motorsport.com
Exclusive: Carlos Sainz Sr explains why “now is the...
No description available...
4d ago from Motorsport.com
Who is potential FIA presidential candidate Carlos...
No description available...
4d ago from Motorsport.com
Exclusive: Carlos Sainz Sr considering run for FIA...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arne Slot will pick Alexander-Arnold for Liverpool’s...
t;li>Defender booed by fans in Anfield draw with Arsenal‘The club...
1h ago from TheGuardian.com
Arsenal could start three emergency attackers against...
Arsenal boss Mikel Arteta faces the prospect of a double attacking blow...
2h ago from SportsMole.co.uk
Arne Slot gives his take on Trent Alexander-Arnold as...
Liverpool boss Arne Slot offered his thoughts on outgoing right-back Trent...
50m ago from SportsKeeda.com
Comments
Hottest News
Alonso: I’ll miss you, Fabri. Every single day
Fernando Alonso’s great friend and trusted... Read More »
2h ago from GrandPrix247.com
How long before Lindblad replaces Lawson at Racing Bulls?
Juan Pablo Montoya cast doubt on Liam Lawson’s... Read More »
1h ago from GrandPrix247.com
F1 News Today: Red Bull decision made on Horner future as...
With the pressure on Red Bull in the Formula 1... Read More »
2h ago from GPFans.com
