News Details

Kolles admits Caterham may miss Austin deadline

The clock is ticking down to struggling F1 backmarker Caterham's apparent collapse. With the Saturday freight deadline for sending cars and equipment to Austin now just hours away, staff remain locked out of the Leafield factory while an unseemly spat continues to escalate between the team's former and current owners. Former owner Tony Fernandes, the well-known Malaysian entrepreneur, broke his silence on Thursday by insisting that the new buyer called 'Engavest' has not paid up. "There was no legal obligation to transfer the shares to them unless certain conditions - which included paying creditors - were met," he said. The team's operating company, Caterham Sports Limited, has...
Full Story »
10y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Colin Kolles admits Caterham may miss Austin deadline

Colin Kolles admits Caterham may miss Austin deadlinePosted On 24 Oct...
10y ago from ThisIsF1.com

Kolles admits Caterham may miss Austin deadline

Christian Albers with Colin Kolles shortly after taking over the team The...
10y ago from GrandPrix247.com

Caterham collapse ‘better’ for F1 – Ecclestone

Caterham collapse ‘better' for F1 – EcclestonePosted On 23...
10y ago from ThisIsF1.com

Caterham collapse better for F1 says Ecclestone

Caterham is on the brink of collapse, as the backmarker team loses even...
10y ago from GrandPrix.com

Elsewhere On The Network

Popular On MGPToday.com

Gresini Racing unveil 2025 MotoGP livery

Gresini Racing has revealed its livery for the 2025 MotoGP season at the...

What to expect from Aprilia in the 2025 MotoGP season

The 2025 MotoGP season marks a campaign of change at Aprilia with two new...

Popular On IndyCarToday.com

Mature mindset to help David Malukas reset his IndyCar...

David Malukas is betting on a new level of maturity to help him climb the...

Andretti Global's new look takes shape

No description available...
3d ago from Motorsport.com

FOX Sports confirms broadcast team as it assumes...

FOX Sports has announced the trio of talent that will present the NTT...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal’s scrambled brains and missed chances will...

ht minutes of nonsense have all but put paid to manager’s title dreams...
2h ago from TheGuardian.com

Arteta claims Arsenal do not have squad depth to...

t;li>‘Physically drained’ side drew 2-2 with Aston Villa‘When you...
2h ago from TheGuardian.com

Player ratings: Arsenal 2-2 Aston Villa

Arsenal let a 2-goal lead slip to draw with Aston Villa on Saturday night....
21m ago from FreshArsenal.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.