News Details
Caterham buyer refutes Fernandes 'allegations'
– Caterham buyer Engavest "strongly refutes allegations" made by Tony Fernandes and Caterham Group CEO Graham Macdonald, claiming once more that it met its obligations following the sale of the team.In a statement on Thursday afternoon, Fernandes declared that he had not transferred relevant shares in the team due to Engavest failing to pay creditors.But the escalation continued when Engavest issued a counter-statement to reiterate that it fulfilled the required conditions and that it was Fernandes who did not keep to the deal."Engavest SA, strongly refutes the allegations of Tony Fernandes and Caterham Group CEO Graham Macdonald regarding its conduct while trying to...
Full Story »
Full Story »
10y ago from GPUpdate.net
0
You May Also Be Interested In...
Caterham buyer 'strongly refutes' Fernandes claims
Caterham F1 Team
Caterham buyer Engavest SA say they 'strongly refute'...
10y ago from F1Zone.net
Fernandes blames Caterham buyer for issues
– Tony Fernandes says the Caterham Formula 1 team's buyer is fully...
10y ago from GPUpdate.net
Caterham buyer says Fernandes still owns team
+ Caterham’s buyer Engavest insists that despite fulfilling its end of...
10y ago from RichlandF1.com
Fernandes slams Caterham buyer
Caterham F1 founder Tony Fernandes has hit back at claims made by the...
10y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
KTM already working on 2027 MotoGP rules as it...
No description available...
16h ago from Motorsport.com
KTM avoids talking about crisis at 2025 MotoGP launch:...
No description available...
22h ago from Motorsport.com
KTM riders Brad Binder and Pedro Acosta discuss 2025...
Factory KTM riders Brad Binder and Pedro Acosta discuss their respective...
22h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
PREMA completes first on-track IndyCar test session
PREMA Racing conducted its first on-track test session in IndyCar earlier...
1d ago from MotorsportWeek.c...
Zak Brown: IndyCar "should slipstream on the back...
No description available...
1d ago from Motorsport.com
Juncos Hollinger shows off new-look livery for 2025...
Juncos Hollinger Racing unveiled a new look for the 2025 NTT IndyCar...
1w ago from MotorsportWeek.c...
IndyCar takes over promotion of Nashville event
IndyCar’s Music City Grand Prix will be promoted internally by IndyCar...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Fourmaux to keep ‘head on shoulders’ after...
No description available...
22h ago from Motorsport.com
The five big takeaways from the WRC Rally Monte Carlo
No description available...
3d ago from Motorsport.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
4d ago from Motorsport.com
WRC Monte Carlo: Ogier claims record-extending 10th...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal ace being forced to stay by Arteta despite...
Mikel Arteta has stopped one Arsenal star from leaving the club despite...
50m ago from CaughtOffside.com
Man United transfer news: Alejandro Garnacho...
Manchester United reportedly plan to sell Alejandro Garnacho before the...
1h ago from SportsMole.co.uk
Tottenham boss Ange Postecoglou addresses claim £50m...
Tottenham Hotspur head coach Ange Postecoglou refuses to give anything...
40m ago from SportsMole.co.uk
Report: Atletico Madrid close to securing versatile...
With only a few days to go of the current transfer window, there isn't...
2h ago from CaughtOffside.com
Comments
Hottest News
Hamilton and Ferrari fears raised over 'internal friction'...
Lewis Hamilton's arrival at Ferrari could spark... Read More »
2h ago from GPFans.com
Ford returns to Le Mans alongside Red Bull collaboration:...
Ford has announced that it will participate in... Read More »
1h ago from GPBlog.com
Esteban Ocon ‘lucky’ to have witnessed...
Haas driver Esteban Ocon was “lucky enough”... Read More »
1h ago from MotorsportWeek.com
