News Details
Statement on behalf of Engavest SA
A brief statement has been issued on behalf of Engavest SA the company which bought Caterham F1 team.It reads:'On 29 June 2014 Engavest SA signed a Sale and Purchase Agreement with Tony Fernandes and the Caterham Group to acquire the shares of 1Malaysia Racing Team/Caterham F1. Engavest SA has fulfilled all the conditions precedent, including paying the purchase price for the shares. The shares have not been transferred and therefore Mr Fernandes remains the owner of Caterham F1 and is fully responsible for all its activities.'
Full Story »
Full Story »
11y ago from Pitpass.com
0
You May Also Be Interested In...
If you buy something, you pay for it - Fernandes
Tony Fernandes has hit back at a statement from the Caterham F1 Team which...
11y ago from TheF1Times.com
Confusion over future of Caterham F1 team
Confusion surrounds the future of struggling Formula One team Caterham...
11y ago from F1Pulse.com
Caterham bosses threaten to quit Formula 1 as it...
Caterham's new 'owners' have threatened to quit the team and the sport...
11y ago from TheF1Times.com
Caterham future uncertain amid ownership row
The future of Formula One outfit Caterham is in doubt as current owners...
11y ago from SuperSport.com
Elsewhere On The Network
Popular On MGPToday.com
Why Honda’s Alberto Puig believes “Ducati remains...
No description available...
12h ago from Motorsport.com
Why did KTM succeed and Aprilia struggle in MotoGP’s...
No description available...
15h ago from Motorsport.com
Pedro Acosta revels in taking ‘the best result...
Pedro Acosta admitted KTM “achieved the best result possible” after...
17h ago from MotorsportWeek.c...
Raul Fernandez on the “strange” feeling of...
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
Mark Miles teases possible non-championship...
IndyCar is largely considered a North American championship, with races...
6d ago from MotorsportWeek.c...
IndyCar tire, brake testing completed on IMS oval
IndyCar staged a test at the Indianapolis Motor Speedway on Tuesday and...
6d ago from MotorsportWeek.c...
Enzo Fittipaldi hails ‘productive’ test with Arrow...
Enzo Fittipaldi completed an IndyCar test with Arrow McLaren last week,...
1w ago from MotorsportWeek.c...
Rinus VeeKay wants “to make it hard on everybody”...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Kalle Rovanpera completes maiden F2 test ahead of...
No description available...
14h ago from Motorsport.com
Elfyn Evans: WRC points lead “guarantees absolutely...
No description available...
5d ago from Motorsport.com
M-Sport favours new WRC car build over upgraded Rally2...
No description available...
1w ago from Motorsport.com
Lancia confirms 2026 WRC2 entry with the new Ypsilon...
Lancia will return to the World Rally Championship next year with the new...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Mikel Arteta provides injury update on William Saliba...
Arsenal manager Mikel Arteta has provided updates on the fitness of five...
8h ago from SportsKeeda.com
'The feeling I have is…': Mikel Arteta opens up...
Arsenal manager Mikel Arteta has claimed that Max Dowman has a long-term...
7h ago from CaughtOffside.com
Mikel Arteta may fill Arsenal’s attacking holes with...
t;li>Teenager could be picked to face Brighton in Carabao CupJesus,...
7h ago from TheGuardian.com
Report: Tottenham accelerating move for £88m-rated...
Tottenham are looking to improve their attacking unit with the signing of...
10h ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen responds to call that spoiled 'fun' Mexican...
Max Verstappen was denied a chance to overtake... Read More »
36m ago from RacingNews365.com
'The first lap here is always a bit of a lottery,' sums up...
On the back of a tough race weekend in Mexico,... Read More »
46m ago from F1Technical.net
Leclerc reveals why he was particularly delighted with...
Having clinched two podium finishes in the last... Read More »
3h ago from F1Technical.net
