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
MotoGP won't hold season finale in Valencia;...
No description available...
6h ago from Motorsport.com
Valencia MotoGP race scrapped, four possible tracks...
It has been reported that Dorna will reconsider its original plans to...
5h ago from MotorsportWeek.c...
Francesco Bagnaia isn't ‘prepared' to race in...
Double reigning MotoGP champion Francesco Bagnaia has revealed he isn't...
7h ago from MotorsportWeek.c...
Bagnaia: “Even if it means losing the title, I’m...
No description available...
8h ago from Motorsport.com
Popular On IndyCarToday.com
Enzo Fittipaldi to test with Arrow McLaren this month
No description available...
2h ago from Motorsport.com
O’Ward sees Arlington race as a test for the future...
No description available...
2d ago from Motorsport.com
Ganassi finalizes IndyCar lineup, confirms Kyffin...
Chip Ganassi Racing announced its full 2025 IndyCar line-up on Wednesday,...
2d ago from MotorsportWeek.c...
Chip Ganassi Racing finalizes its 2025 lineups for...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Friday favourite: When a burly Skoda challenged the...
No description available...
9h ago from Motorsport.com
A Farewell Message from The Checkered Flag
After 15 years of motorsport coverage, TheCheckeredFlag.co.uk announces...
6h ago from TheCheckeredFlag...
Didier Auriol entering Rally Japan, first WRC start...
1994 World Rally Champion Didier Auriol will run the 2024 season finale in...
2d ago from TheCheckeredFlag...
Popular On GunnersToday.com
Christian Falk Fact Files: Arteta wants Bundesliga...
Christian Falk Fact Files: Today's exclusive transfer round-up from...
34m ago from CaughtOffside.com
Man United transfer news: Ruben Amorim 'wants'...
Incoming Manchester United head coach Ruben Amorim allegedly wants to...
1h ago from SportsMole.co.uk
“It’s going to be a great atmosphere at St...
No description available...
2h ago from SportsKeeda.com
'I cannot control myself' - Arsenal boss Mikel Arteta...
No description available...
3h ago from SportsKeeda.com
Comments
Hottest News
F1 2024 Sao Paulo Grand Prix – FP1 Results
McLaren's Lando Norris set the fastest time in... Read More »
2h ago from MotorsportWeek.com
Norris fastest as Verstappen Brazilian setback confirmed
Lando Norris set the pace in the only practice... Read More »
2h ago from RacingNews365.com
Red Bull announce exclusive takeover ahead of Brazilian GP
Red Bull have revealed an exclusive takeover... Read More »
11h ago from GPFans.com