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 »
11y 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...
11y ago from Crash.net
Fernandes sells Caterham GP2 team
Tony Fernandes
Malaysian entrepreneur Tony Fernandes has completed his...
11y 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...
11y ago from TheF1Times.com
Fernandes blames buyers for Caterham situation
Caterham F1 Team
Tony Fernandes says Caterham Formula 1 team buyers...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta does not believe a MotoGP riders'...
No description available...
43m ago from Motorsport.com
Alex Marquez suffers fractures in frightening Catalan...
No description available...
1d ago from Motorsport.com
Jorge Martin suffers another crash in Barcelona test,...
No description available...
6h ago from Motorsport.com
Pedro Acosta fastest as rain curtails Barcelona MotoGP...
No description available...
1h ago from Motorsport.com
Popular On IndyCarToday.com
Alexander Rossi points to ‘limitless’ potential at...
Alexander Rossi earned his best career grid position for the Indianapolis...
2h ago from MotorsportWeek.c...
Indianapolis 500 – Qualifying results
Late Sunday afternoon, the starting order for the 110th Indianapolis 500...
17h ago from MotorsportWeek.c...
Dejected Felix Rosenqvist: “A little bit of déjà...
No description available...
3h ago from Motorsport.com
Two drivers disqualified following Indy 500 qualifying
Following Sunday’s qualifying for the Indianapolis 500, two cars failed...
14h ago from MotorsportWeek.c...
Popular On TotalWRC.com
The mental challenge WRC leader Elfyn Evans faces at...
No description available...
5h ago from Motorsport.com
Why returning to the WRC podium was so important for...
No description available...
5d ago from Motorsport.com
How Sebastien Ogier’s near-perfect Rally Portugal...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Who are the Big-Name Free Agents Expected to Sign For...
The 2025/26 season is barrelling toward its conclusion, and when the...
4h ago from CaughtOffside.com
'He's an absolute Arsenal player' - Lee Dixon delivers...
Arsenal legend Lee Dixon has made his feelings clear about Manchester...
10h ago from SportsKeeda.com
‘Energy, passion and optimism’: how Arteta created...
m removal of tunnel cover to turning off concourse TVs, title-chasing...
10h ago from TheGuardian.com
Insider confirms Arsenal have already laid groundwork...
Arsenal are reportedly making a serious move to sign Leicester City...
11h ago from CaughtOffside.com
Comments
Hottest News
Dacia promoted in official Nurburgring 24 Hours results...
After Max Verstappen, it was the second biggest... Read More »
53m ago from GPFans.com
Max Verstappen team-mate hints at revenge after Nurburgring...
The Nürburgring 24 Hours ended in heartbreak for... Read More »
53m ago from RacingNews365.com
Mercedes confirms Montreal upgrade: ‘We need to respond’
Toto Wolff has fired a clear warning to Formula... Read More »
1h ago from F1i.com
