News Details
Caterham F1 buyer says Fernandes remains owner
Caterham F1 Team
Caterham's new buyer insists that it has adhered to all contractual obligations relating to its purchase of the Formula 1 team as disputes continue over who owns the squad.
The beleaguered outfit has been placed into administration this week and staff were locked out of the Leafield-based factory when they turned up for work on Thursday morning.
On Wednesday the Formula 1 team issued a statement claiming that Tony Fernandes did not transfer the shares to Swiss firm Engavest SA, prompting the Malaysian to hit back via Twitter, stating "If you buy something you should pay for it. Quite simple."
But Engavest SA responded on Thursday afternoon to state that its side...
Full Story »
Full Story »
10y ago from F1Zone.net
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...
10y ago from TheF1Times.com
Caterham staff locked out of factory
Caterham F1 Team
Caterham staff have been locked out of the team's...
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
Why Marc Marquez thinks Alex’s frontrunning pace is...
No description available...
1h ago from Motorsport.com
Bagnaia “angry” with MotoGP race control after...
No description available...
2h ago from Motorsport.com
Fabio Quartararo will ‘evaluate' Yamaha MotoGP...
Fabio Quartararo will "evaluate" Yamaha MotoGP's...
3h ago from MotorsportWeek.c...
MotoGP Thailand GP: Marquez brothers lead main...
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
Will Buxton: F1 drivers see IndyCar as ‘quite...
Will Buxton is IndyCar’s new lead TV presenter, moving over from...
1d ago from MotorsportWeek.c...
Dale Coyne announces askROI as full season sponsor
Dale Coyne Racing announced on Wednesday that AI-driven business askROI...
1d ago from MotorsportWeek.c...
Zak Brown outlines investment that could maximize...
McLaren Racing CEO Zak Brown has released a public letter covering...
3d ago from MotorsportWeek.c...
Team Penske quickest in final IndyCar test day
The NTT IndyCar Series held its second and final preseason open test day...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC drivers follow F1 in statement to FIA president
World Rally Championship drivers have penned a strongly-worded statement...
4d ago from MotorsportWeek.c...
WRC drivers call on FIA president for “urgent...
No description available...
4d ago from Motorsport.com
Elfyn Evans wins Rally Sweden by a whisker
Super Sunday on Rally Sweden was just that! After 300km of hard racing,...
1w ago from MotorsportWeek.c...
Elfyn Evans under pressure on Rally Sweden –...
Elfyn Evans and Scott Martin maintained their lead on Rally Sweden after...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
'That first half was the toughest half I have ever...
No description available...
1h ago from SportsKeeda.com
Arsenal hold 'concrete' talks to sign 30-year-old...
No description available...
2h ago from SportsKeeda.com
La Liga giants set to battle Barcelona in 70m pursuit...
No description available...
1h ago from SportsKeeda.com
Barcelona slap 40m price tag on 24-year-old star with...
No description available...
1h ago from SportsKeeda.com
Comments
Hottest News
Hamilton issues staggering Ferrari v Mercedes comparison...
Lewis Hamilton is still getting up to speed at... Read More »
2h ago from RacingNews365.com
Alpine fail to shut down Doohan Colapinto swap rumour
Jack Doohan's seat at Alpine has been called into... Read More »
49m ago from RacingNews365.com
F1: Morning times from Bahrain - Friday
This morning's times from the Bahrain... Read More »
4h ago from Pitpass.com