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
Trackhouse Racing unveil 2025 MotoGP livery
On Tuesday afternoon in Charlotte, North Carolina, Trackhouse Racing...
7h ago from MotorsportWeek.c...
Dall'Igna on Newey comparisons: My decisions go...
No description available...
12h ago from Motorsport.com
What Motorsport.com is looking forward to in 2025
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
FOX Sports confirms broadcast team as it assumes...
FOX Sports has announced the trio of talent that will present the NTT...
8h ago from MotorsportWeek.c...
Translating the Chili Bowl's lessons into Ferrucci's...
No description available...
9h ago from Motorsport.com
Kyle Larson is taking a much more laid-back approach...
No description available...
6h ago from Motorsport.com
End of an era: Reynard’s last US open wheel win
No description available...
9h ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2025, Stage 9: Al-Attiyah takes victory as...
No description available...
14h ago from Motorsport.com
Mārtiņš Sesks back for six-round WRC campaign
M-Sport Ford has announced that Mārtiņš Sesks and Renārs Francis will...
16h ago from MotorsportWeek.c...
Sesks secures WRC Rally1 return with M-Sport
No description available...
17h ago from Motorsport.com
Dakar 2025, Stage 8: Lategan dominates to extend lead...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal could make late move to steal Kolo Muani in...
There is a surprise twist in the Randal Kolo Muani saga with Arsenal...
2h ago from CaughtOffside.com
Arsenal transfer news: Out-of-contract Gunners man...
Arsenal midfielder Jorginho is reportedly on the radar of Brazilian club...
1h ago from SportsMole.co.uk
Mikel Arteta future: Arsenal sack verdict delivered as...
Arsenal expert Charles Watts can understand why the 'spotlight is shining'...
4h ago from SportsMole.co.uk
Comments
Hottest News
Ricciardo COMEBACK and Ferrari chaos as brutal F1 axe looms
It's not just the regular Formula 1 season that... Read More »
7h ago from GPFans.com
Hungaroring offers update on its comprehensive...
When entering the Hungaroring paddock this July,... Read More »
35m ago from F1Technical.net
Revealed: Sainz feedback on 'completely different' Williams
Carlos Sainz's 'first day at school' with... Read More »
10h ago from RacingNews365.com
