News Details
Caterham hands over to administrators
Caterham F1 Team
Caterham F1 Team has confirmed that it has handed over management of the team to administrators, following an escalation of the crisis engulfing the squad on Thursday.
A war of words broke out between Tony Fernandes and buyers Engavest SA over who owns the team and whether both sides of the contract had been fulfilled.
Caterham confirmed on Friday lunchtime that the squad is now in the hands of administrators as it attempts to resolve the situation in time for the team to race in the United States Grand Prix next weekend.
"Following a request of yesterday evening at 21.55hrs CET from Caterham Sports Limited's administrators and the legal advisors of Mr Tony Fernandes'...
Full Story »
Full Story »
11y ago from F1Zone.net
0
You May Also Be Interested In...
Buyer says Fernandes still owns Caterham F1
– The consortium that purchased Caterham at the end of June has...
11y ago from GPUpdate.net
Caterham staff locked out of factory
Caterham F1 Team
Caterham staff have been locked out of the team's...
11y ago from F1Zone.net
New Caterham F1 management could withdraw
– The Caterham F1 Team's new management could be forced to...
11y ago from GPUpdate.net
Caterham threatens action against Fernandes
Caterham F1 Team
The situation at Caterham has taken another turn as new...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Jack Miller: Yamaha M1 shouldn’t suit my riding...
No description available...
9h ago from Motorsport.com
Ducati: Marc Marquez has “determination of a rookie...
No description available...
2d ago from Motorsport.com
KTM’s 850cc engine for 2027 MotoGP season breaks...
No description available...
3d ago from Motorsport.com
Why Jack Miller and Alex Rins see more potential in...
No description available...
4d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar looking to add ‘more events, not just...
IndyCar has identified a need to make sure future races on the calendar...
3d ago from MotorsportWeek.c...
JHR retains Sting Ray Robb for second season
Juncos Hollinger Racing has confirmed that Sting Ray Robb will remain...
6d ago from MotorsportWeek.c...
Sting Ray Robb to continue with Juncos Racing for 2026...
No description available...
6d ago from Motorsport.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hayden Paddon, Esapekka Lappi and Dani Sordo join...
No description available...
3d ago from Motorsport.com
Oliver Solberg steps up WRC 2026 preparations with...
No description available...
4d ago from Motorsport.com
Hyundai World Rally Team reverts to shared third car...
Hyundai Motorsport has announced its full line-up for the 2026 FIA World...
3d ago from MotorsportWeek.c...
Sports quiz of the week: Premier League goals, Ashes...
No description available...
3d ago from TheGuardian.com
Popular On GunnersToday.com
Injuries testing Arsenal's depth as 'clusters' take a...
The manner of Arsenal's defeat to Aston Villa, sealed with effectively the...
3h ago from SkySports.com
'When you want to achieve something, you have to be...
Former Arsenal attacker Lukas Podolski has urged his former club to...
8h ago from SportsKeeda.com
Salah fallout, Arsenal slip and a wild World Cup draw...
Rushden is joined by Barry Glendenning, John Brewin and Seb Hutchinson to...
7h ago from TheGuardian.com
Liverpool and Arsenal interested in signing...
Liverpool and Arsenal are reportedly interested in signing Paris...
7h ago from SportsKeeda.com
Comments
Hottest News
Martin Brundle calls out Sky F1 colleague live on air for...
Sky F1 pundit Martin Brundle called out one of... Read More »
7h ago from GPFans.com
Lewis Hamilton blanked by Ferrari in tense team radio...
Lewis Hamilton’s final message signing off for... Read More »
2h ago from GPFans.com
Lando Norris survives FIA disqualification scare as F1...
Lando Norris fans can breathe a sigh of relief... Read More »
45m ago from GPFans.com
