News Details

Fernandes slams Caterham buyer

Caterham F1 founder Tony Fernandes has hit back at claims made by the operators of the Leafield team over the sale of the outfit, with the Malaysian insisting they have 'failed to comply with any of the conditions in the agreement'.Just days after the chief supplier to the F1 outfit, Caterham Sports Limited, went into administration, Caterham have been plunged into crisis following the break out of an increasingly bitter ownership between Fernandes and the team's new management. row with claims and counter claims over the transfer of shares in the team.Fernandes and his Malaysian business partners agreed in July to sell the team to a consortium of Swiss and Middle Eastern investors, which...
Full Story »
10y ago from SkySports.com 0
Share

You May Also Be Interested In...

Fernandes blames buyers for Caterham situation

Caterham F1 Team Tony Fernandes says Caterham Formula 1 team buyers...
10y ago from F1Zone.net

Tony Fernandes sells Caterham GP2 outfit to Status GP

Tony Fernandes sells Caterham GP2 outfit to Status GPPosted On 17 Oct...
10y ago from ThisIsF1.com

Fernandes sells Caterham GP2 team

Tony Fernandes Malaysian entrepreneur Tony Fernandes has completed his...
10y ago from GrandPrix247.com

New Caterham F1 management could withdraw

– The Caterham F1 Team's new management could be forced to...
10y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Injured Marc Marquez set to travel to Madrid after...

One week after securing his seventh MotoGP title, Marc Marquez will fly...

Popular On IndyCarToday.com

Lochie Hughes secures IndyCar reserve role with...

Andretti Global has announced a continued partnership with Lochie Hughes...
21h ago from MotorsportWeek.c...

IMSA’s AO Racing considering expansion, possibly...

AO Racing, one of the more popular teams racing in IMSA currently, is...

Five IndyCar teams jump start offseason testing at...

Five different IndyCar teams completed a test at Mid-Ohio Sports Car...

Popular On TotalWRC.com

Hyundai WRT on the attack

Hyundai Shell Mobis World Rally Team is not taking their 2025 drubbing at...

Popular On GunnersToday.com

'There are always…' – Arsenal star breaks...

Arsenal forward Leandro Trossard has spoken out on his future after some...
1h ago from CaughtOffside.com

Martin Keown names the Arsenal signing having the...

Arsenal legend Martin Keown believes the club have clearly pulled off a...
1h ago from CaughtOffside.com

Arsenal in ongoing discussions over potential Emirates...

Arsenal are in ongoing discussions about how they can improve the Emirates...
2h ago from SkySports.com

'There are always rumours like that' - Arsenal star...

Arsenal forward Leandro Trossard has played down rumours linking him with...
3h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.