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 »
10y 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...
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
Caterham F1 buyer says Fernandes remains owner
Caterham F1 Team
Caterham's new buyer insists that it has adhered to all...
10y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin has no “regrets” after attempts to...
No description available...
11h ago from Motorsport.com
Jorge Martin confirms decision to remain with Aprilia...
Reigning MotoGP World Champion Jorge Martin has reversed his decision to...
12h ago from MotorsportWeek.c...
Yamaha V4 engine ‘two seconds slower' than...
Yamaha rider Alex Rins revealed that the manufacturer’s V4 project is...
16h ago from MotorsportWeek.c...
Yamaha's V4 MotoGP engine "not fast enough,”...
No description available...
15h ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood says people should appreciate Alex...
No description available...
9h ago from Motorsport.com
Arrow McLaren's Nolan Siegel cleared to race in Toronto
No description available...
11h ago from Motorsport.com
IndyCar Iowa – Race 1 Results
The first race of IndyCar’s double-header weekend from Iowa Speedway...
1d ago from MotorsportWeek.c...
Taylor Barnard rejected McLaren IndyCar and WEC offers...
Taylor Barnard has turned down the chance to race for Arrow McLaren in...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
The key questions ahead of WRC Rally Estonia
No description available...
12h ago from Motorsport.com
Why Adrian Newey “goes to another office” to avoid...
No description available...
1d ago from Motorsport.com
Sudden failure forces Adrien Fourmaux out of Rally...
No description available...
1d ago from Motorsport.com
Sebastien Ogier spurns WRC title fight despite flurry...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Joao Palhinha addresses Bayern Munich future amid...
Joao Palhinha has addressed his future at Bayern Munich amid speculation...
7h ago from SportsKeeda.com
Bayern Munich would prefer a move for Liverpool star...
Bayer Munich reportedly prefer to sign Luis Diaz from Liverpool over...
11h ago from SportsKeeda.com
Talks 'in London' taking place 'every single minute'...
Fabrizio Romano says that talks are still ongoing in London as Arsenal...
14h ago from CaughtOffside.com
'It's sad when fans are making a player's life...
Former Arsenal midfielder Anders Limpar has asserted that Noni Madueke is...
12h ago from SportsKeeda.com
Comments
Hottest News
Ferrari considering radical McLaren step involving Fred...
The Italian media have claimed that a radical... Read More »
11h ago from RacingNews365.com
Cadillac boss confirms Daniel Ricciardo decision on F1...
Cadillac F1 boss Graeme Lowdon has delivered a... Read More »
8h ago from GPFans.com
Ex-F1 driver claims Christian Horner and Jos Verstappen...
Former Formula 1 driver Ralf Schumacher has... Read More »
12h ago from MotorsportWeek.com
