News Details

Caterham buyer refutes Fernandes claims

– 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 »
10y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Caterham buyer refutes Fernandes 'allegations'

– Caterham buyer Engavest "strongly refutes allegations"...
10y ago from GPUpdate.net

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 F1 buyer

– Tony Fernandes says the Caterham F1 team's buyer is fully...
10y ago from GPUpdate.net

Fernandes blames Caterham buyer for issues

– Tony Fernandes says the Caterham Formula 1 team's buyer is fully...
10y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez: ‘I don't understand' cause of...

Marc Marquez says he doesn't understand what led to his crash during the...
12h ago from MotorsportWeek.c...

MotoGP: Álex Márquez reigns in Spain to take title...

t;li>Álex leads Marc Márquez in title race after Jerez winFabio...
12h ago from TheGuardian.com

Popular On IndyCarToday.com

Alex Palou tops busy final Indy 500 test day

The NTT IndyCar Series wrapped up a two day test session on Thursday,...

Larson, Sato crash in high-boost Indy 500 test session

The second day of IndyCar’s Indy 500 open test opened with qualifying...

Popular On TotalWRC.com

Welcome to the championship fight – Kalle...

Kalle Rovanperä and Jonne Halttunen completed their domination of the...
13h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Man City 'handed boost' in Andrea Cambiaso transfer...

Manchester City reportedly receive a boost in their hopes of landing...
4h ago from SportsMole.co.uk

LaLiga giants identify Arsenal veteran as prority...

Spanish giants Atletico Madrid are reportedly interested in bringing...
3h ago from SportsKeeda.com

'I think it will have a positive impact' - Khvicha...

Khvicha Kvaratskhelia believes PSG playing against English sides in the...
5h ago from SportsKeeda.com

'Didn't want to win it there, I wanted it at Anfield'...

Liverpool winger Mohamed Salah admitted that he wanted to win the Premier...
8h 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.