News Details
Caterham could miss United States GP
Catherm is set to miss the US GP after the team’s management threatened to walk out, accusing Tony fernandes of failing to fulfill the agreement made with the new owners when the team changed hands just days before the British GP. The team issued the following statement:
"On 29 June 2014, Caterham Enterprises Ltd, Caterham (UK) Ltd and Sheikh Mohamed Nasarudin (Seller) and their shareholders Tony Fernandes and Datuk Kamarudin Bin Meranun entered into a Sale and Purchase Agreement (SPA) with Engavest SA (Buyer) with regards to 1Malaysia Racing Team Sdn Bhd/Caterham F1 Team.”
"Since the date of the Agreement, the Seller has refused to comply with its legal obligations to...
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10y ago from GrandPrix.com
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