News Details
Fernandes blames Caterham F1 buyer
– Tony Fernandes says the Caterham F1 team's buyer is fully responsible for the ongoing problems at Leafield, claiming that it failed to meet the required conditions for him to transfer his shares in the outfit.Following repeated claims from new owner Engavest, Fernandes released a statement of his own on Thursday, in which he claims the firm was required to pay "existing and future" creditors for the shareholding to change.The Malaysian businessman says this has not happened, which is the reason for him retaining ownership."In June 2014, I decided, together with my co-shareholders, to sell my stake in the Caterham F1 team," said Fernandes."We agreed in good...
Full Story »
Full Story »
11y ago from GPUpdate.net
0
You May Also Be Interested In...
Fernandes blames Caterham buyer for issues
– Tony Fernandes says the Caterham Formula 1 team's buyer is fully...
11y ago from GPUpdate.net
Caterham buyer says Fernandes still owns team
+ Caterham’s buyer Engavest insists that despite fulfilling its end of...
11y ago from RichlandF1.com
Caterham F1 buyer says Fernandes remains owner
Caterham F1 Team
Caterham's new buyer insists that it has adhered to all...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Why Gresini has flirted with leaving Ducati in MotoGP
No description available...
8h ago from Motorsport.com
Jonathan Rea explains why ‘mental management’ will...
Jonathan Rea believes Toprak Razgatlioglu's chances of success in MotoGP...
1d ago from MotorsportWeek.c...
Joan Mir explains why he crashes so often in MotoGP
No description available...
1d ago from Motorsport.com
Andrea Dovizioso: “Marc Marquez’s situation is...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
3d ago from MotorsportWeek.c...
Mick Schumacher: “I thought I was ready — but I...
No description available...
5d ago from Motorsport.com
Winners and losers from IndyCar at Barber Motorsports...
No description available...
4d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
3d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
6d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Southampton v Arsenal – live blog
Join us for live blog coverage of our FA Cup quarter-final away to...
42m ago from Arseblog.com
Arsenal to bid for game-changer forward after 10 goals...
Anthony Gordon has been linked with a move away from Newcastle United at...
7h ago from CaughtOffside.com
Arteta captivated, Arsenal confident of landing £40m...
Arsenal are interested in signing the Norwegian winger Jens Petter Hauge...
8h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin get F1 lifeline as FIA ruling gives crisis...
Further clarity has been offered on F1's new... Read More »
1h ago from GPFans.com
Max Verstappen misery deepens as Red Bull fail in key FIA...
Max Verstappen's F1 misery could only deepen... Read More »
22m ago from GPFans.com
Fernando Alonso reveals adorable new baby name
Two-time F1 champion Fernando Alonso has revealed... Read More »
3h ago from GPFans.com
