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
Maverick Vinales fastest in second Mugello MotoGP...
Maverick Vinales impressed as he recorded the fastest time in the second...
18h ago from MotorsportWeek.c...
Fabio Quartararo injures shoulder in practice crash at...
No description available...
16h ago from Motorsport.com
Why MotoGP riders like Francesco Bagnaia face a...
No description available...
21h ago from Motorsport.com
Former WorldSBK champion explains changes Toprak...
Former MotoGP rider Ben Spies expects Toprak Razgatlioglu must...
17h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Kyle Kirkwood blasts to top in IndyCar practice from...
After finishing the season’s first short oval under the lights on...
10h ago from MotorsportWeek.c...
Michael Cannon already strengthening DCR team –...
Rinus VeeKay is already noticing the impact engineer Michael Cannon is...
14h ago from MotorsportWeek.c...
Arrow McLaren apologises for Nolan Siegel’s explicit...
No description available...
1d ago from Motorsport.com
Nolan Siegel apologizes for profanity-filled radio rant
Arrow McLaren driver Nolan Siegel has apologized for what he said over...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
2d ago from MotorsportWeek.c...
FIA approves updated bodywork rules for WRC 2027...
No description available...
1w ago from Motorsport.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal initiate move to sign playmaker regarded as a...
Arsenal are interested in signing the Paris Saint-Germain midfielder...
45m ago from CaughtOffside.com
Real Madrid Transfer News Roundup: Los Blancos turn...
Real Madrid are putting together final preparations ahead of their...
45m ago from SportsKeeda.com
Saturday round-up: Zubi do? Zubi done more like …
A very good morning from a sweltering London, and here's a quick Saturday...
1h ago from Arseblog.com
‘Nightmare' Premier League winger would prefer...
Newcastle United winger Anthony Gordon has reportedly made it clear he...
2h ago from CaughtOffside.com
Comments
Hottest News
George Russell proposes 'over the top' reason for Lewis...
George Russell has an interesting theory behind... Read More »
55m ago from RacingNews365.com
F1 News Today: George Russell set for Austrian GP shock as...
There are two places you don't want to go to when... Read More »
2h ago from GPFans.com
Lewis Hamilton frustrations mount over STUBBORN Ferrari...
Seven-time F1 champion Lewis Hamilton has... Read More »
1h ago from GPFans.com
