News Details
Fernandes pins blame for Caterham trouble on buyers
Sutton Images Enlarge Tony Fernandes has hit out at the new owners of the Caterham F1 team, accusing them of not fulfilling their side of the deal when he sold the team to them earlier this year. At the end of June, Fernandes agreed a deal with a consortium of Swiss and Middle Eastern investors known as Engavest to take over control of the team. In the past month the team has hit serious financial trouble and the manufacturing arm of the outfit, Caterham Sports Limited, has now gone into administration. On Thursday Engavest distanced itself from the team and its financial liabilities, claiming they were now Fernandes responsibility as he had not transferred the shares in the team as...
Full Story »
Full Story »
10y ago from espnF1.com
0
You May Also Be Interested In...
Fernandes: Caterham F1 buyers to blame
Tony Fernandes says Caterham F1 Team's buyers - Engavest SA - have failed...
10y ago from Crash.net
Fernandes sells Caterham GP2 team
Tony Fernandes
Malaysian entrepreneur Tony Fernandes has completed his...
10y ago from GrandPrix247.com
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
Fernandes blames buyers for Caterham situation
Caterham F1 Team
Tony Fernandes says Caterham Formula 1 team buyers...
10y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia takes surprise advantage in opening...
Francesco Bagnaia took a surprise advantage by topping the timesheets in...
52m ago from MotorsportWeek.c...
Aprilia warns MotoGP ‘may not be attractive' to...
Aprilia has warned MotoGP 'may not be attractive' for manufacturers...
12h ago from MotorsportWeek.c...
2025 MotoGP Japanese Grand Prix – How to watch,...
No description available...
12h ago from Motorsport.com
Why controversy has erupted over how many titles Marc...
No description available...
16h ago from Motorsport.com
Popular On IndyCarToday.com
Andretti hires ex-Penske director Ron Ruzewski as...
Andretti Global announced on Wednesday that it has hired Ron Ruzewski as...
1d ago from MotorsportWeek.c...
Jack Harvey returns to Dreyer Reinbold for 2026 Indy...
Dreyer and Reinbold Racing will field Jack Harvey in the team’s #24...
1d ago from MotorsportWeek.c...
Andretti Global signs ex-Penske Ron Ruzewski as team...
No description available...
1d ago from Motorsport.com
Jack Harvey to attempt 2026 Indy 500 with Dreyer &...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Mandated rest periods at WRC rallies to face FIA vote
No description available...
1d ago from Motorsport.com
Hyundai call set to boost Ott Tanak’s WRC title...
No description available...
2d ago from Motorsport.com
WRC swaps Sardinia for Rome as home of Rally Italy...
No description available...
2d ago from Motorsport.com
WRC Rally Chile: Sebastien Ogier leads title race with...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Blow for Liverpool? Latest Arsenal development has got...
Arsenal have now agreed on a new deal with star defender William Saliba....
10h ago from CaughtOffside.com
Exclusive: Arsenal expert confirms Man Utd transfer...
Arsenal FC expert Charles Watts has weighed in with his information on the...
13h ago from CaughtOffside.com
Report: Arsenal and Chelsea plotting surprise raid on...
Arsenal and Chelsea are reportedly considering a surprise move for the...
7h ago from CaughtOffside.com
'He’s going to regret this' - Gary Neville urges...
Manchester United legend Gary Neville has criticized Mikel Arteta after...
10h ago from SportsKeeda.com
Comments
Hottest News
Christian Horner and Geri Halliwell make huge marriage...
Christian Horner and Geri Halliwell have made a... Read More »
20h ago from GPFans.com
Max Verstappen's GT3 race debut: How to watch live for FREE
Four-time F1 champion Max Verstappen will make... Read More »
9h ago from GPFans.com
F1 star makes shock phone call to BBC Radio 1
Williams F1 star Carlos Sainz stunned listeners... Read More »
6h ago from GPFans.com
