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
Brazil replaces Argentina as 2026 MotoGP calendar...
The 2026 MotoGP calendar has officially been released and the new season...
12h ago from MotorsportWeek.c...
Brazilian GP replaces Argentina in 2026 MotoGP calendar
No description available...
13h ago from Motorsport.com
Motegi remains on MotoGP calendar through 2030
MotoGP has officially confirmed that the Japanese Grand Prix at Motegi...
1d ago from MotorsportWeek.c...
Marco Bezzecchi explained what ‘key moment' he...
Marco Bezzecchi explained his first lap was the "key moment"...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Arrow McLaren set to move into new race facility in...
Arrow McLaren has officially taken ownership of what will be its new...
11h ago from MotorsportWeek.c...
Arrow McLaren expands IndyCar operations with new...
No description available...
11h ago from Motorsport.com
Why Rinus VeeKay believes there's more to come after...
No description available...
2d ago from Motorsport.com
The Winners and Losers of IndyCar’s 2025 Indy Toronto
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
6d ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
3d ago from Motorsport.com
Oliver Solberg stuns with maiden WRC victory in Estonia
Oliver Solberg and Elliot Edmondson stunned the WRC elite with a...
4d ago from MotorsportWeek.c...
How the WRC service park reacted to Oliver Solberg's...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Official: Arsenal confirm the signing of 21-year-old...
Arsenal have officially completed the signing of Cristhian Mosquera from...
18m ago from FreshArsenal.com
Alexander Isak open to leaving Newcastle with...
t;li>Striker not in squad for pre-season friendlies in AsiaCristhian...
5h ago from TheGuardian.com
New signing profile: Cristhian Mosquera
After four arrivals in as many weeks, Arsenal continued their summer...
9h ago from Arseblog.com
'His professional and human conduct was reprehensible'...
Football coach and pundit Laurindo Filho has lambasted Arsenal-bound...
8h ago from SportsKeeda.com
Comments
Hottest News
Red Bull reveal HIDDEN detail on Max Verstappen's car
Red Bull have revealed Max Verstappen's car will... Read More »
4h ago from GPFans.com
Race preview: Belgian Grand Prix
After a two-week break, the Formula One field is... Read More »
2h ago from F1Technical.net
F1 star ‘DENIED’ entry to Belgian GP
An F1 star's Belgian Grand Prix weekend got off... Read More »
13h ago from GPFans.com
