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Doors shut at Caterham factory

Caterham's saga hit a low point on Thursday as employees found the doors to the factory shut by a legal administrator. Earlier this week, Caterham Sports Limited (CSL), who make and service the F1 cars for entry holder 1Malaysia Racing Team (1MRT), went into administration. This prompted Caterham's owners, who purchased the team prior to this year's British Grand Prix, to release a statement blaming former owner Tony Fernandes for much of their troubles. "Very regrettably, the administrators' appointment has had devastating effects on the F1 team's activities. Since their appointment, the administrators have released various press statements which have been severely detrimental to the...
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10y ago from PlanetF1.com 0
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