News Details
Caterham buyer insists they've met all obligations
Caterham's new management team insist they have honoured all agreements with Tony Fernandes to take control of the outfit, following the latter's suggestion they hadn't paid for his shares. Fernandes wrote on Twitter: "If you buy something you should pay for it. Quite simple." Engavest SA, the company behind the deal to take over the team, denied the allegations in a statement released on Thursday. "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...
Full Story »
Full Story »
10y ago from TheF1Times.com
0
You May Also Be Interested In...
Caterham F1 buyer says Fernandes remains owner
Caterham F1 Team
Caterham's new buyer insists that it has adhered to all...
10y ago from F1Zone.net
Caterham bosses threaten to quit Formula 1 as it...
Caterham's new 'owners' have threatened to quit the team and the sport...
10y ago from TheF1Times.com
Caterham threatens action against Fernandes
Caterham F1 Team
The situation at Caterham has taken another turn as new...
10y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Ai Ogura uncertain for MotoGP British GP after Friday...
No description available...
4h ago from Motorsport.com
Franco Morbidelli suffers second grid penalty of...
No description available...
4h ago from Motorsport.com
Alex Marquez tops the timesheets in second Silverstone...
Alex Marquez produced a record-breaking lap in the closing seconds to top...
7h ago from MotorsportWeek.c...
Francesco Bagnaia: Jorge Martin ‘must respect'...
Two-time premier class champion Francesco Bagnaia has said that Jorge...
8h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Josef Newgarden leads Indy 500 final practice, RHR's...
No description available...
5h ago from Motorsport.com
Josef Newgarden and team win Pit Stop Challenge in...
No description available...
2h ago from Motorsport.com
Costly Carb Day practice as Josef Newgarden fastest
Friday was Carb Day at the Indianapolis Motor Speedway, with drivers...
6h ago from MotorsportWeek.c...
‘A shock and a pity:’ Penske drivers respond to...
The past five days have been adventurous for all the wrong reasons for...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC signs new deal to race in Portugal until at least...
No description available...
1d ago from Motorsport.com
Rally Portugal criticism causes WRC, FIA to address...
No description available...
4d ago from Motorsport.com
WRC Portugal: Sebastien Ogier claims record-extending...
No description available...
5d ago from Motorsport.com
Sebastien Ogier laments “most demanding” rally...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal striker update: Mikel Arteta boost as club 'in...
Mikel Arteta will look to reinforce his team's offensive ranks in a bid to...
4h ago from SportsMole.co.uk
Arsenal in concrete talks to sign attacker with 80...
Arsenal are in concrete talks to sign Benjamin Sesko this summer,...
5h ago from SportsKeeda.com
Premier League GW38 predictions: Nottingham Forest to...
Sports Mole takes on Max Rowat of electronic music duo Koven for a Premier...
5h ago from SportsMole.co.uk
Chelsea transfer news: Blues 'speed up negotiations'...
Chelsea are reportedly looking to secure a 60m (£50.34m) deal for an...
9h ago from SportsMole.co.uk
Comments
Hottest News
F1 2025 Monaco Grand Prix – FP2 Results
Charles Leclerc topped the timesheets in the... Read More »
7h ago from MotorsportWeek.com
Lewis Hamilton delivers emotional statement as Ferrari star...
Tensions at Ferrari appear to have thawed as... Read More »
1h ago from GPFans.com
FIA announce major penalty verdict after F1 star commits...
The FIA have announced a huge penalty for a... Read More »
3h ago from GPFans.com
