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
Yamaha’s V4 'still a long way off' says test rider...
No description available...
15h ago from Motorsport.com
Joan Mir: Malaysia MotoGP race was the ‘the most...
Joan Mir admitted that the recent Malaysian MotoGP race was his most...
20h ago from MotorsportWeek.c...
Moto3 racer Noah Dettwiler no longer in critical...
No description available...
20h ago from Motorsport.com
KTM to slash workforce by over 50%, MotoGP operations...
No description available...
22h ago from Motorsport.com
Popular On IndyCarToday.com
Marco Andretti announces retirement from racing, won't...
No description available...
15h ago from Motorsport.com
Marco Andretti retires from IndyCar after 20 seasons
Marco Andretti announced his retirement from motor racing on Wednesday,...
15h ago from MotorsportWeek.c...
Mark Miles teases possible non-championship...
IndyCar is largely considered a North American championship, with races...
1w ago from MotorsportWeek.c...
IndyCar tire, brake testing completed on IMS oval
IndyCar staged a test at the Indianapolis Motor Speedway on Tuesday and...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanpera completes maiden F2 test ahead of...
No description available...
1d ago from Motorsport.com
Elfyn Evans: WRC points lead “guarantees absolutely...
No description available...
6d ago from Motorsport.com
M-Sport favours new WRC car build over upgraded Rally2...
No description available...
1w ago from Motorsport.com
Lancia confirms 2026 WRC2 entry with the new Ypsilon...
Lancia will return to the World Rally Championship next year with the new...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Carabao Cup holders Newcastle at home to Fulham in QFs...
Carabao Cup holders Newcastle will host Fulham in the quarter-finals,...
25m ago from SkySports.com
Gabriel sings his own song! Defender talks scoring...
Gabriel sits down to discuss that goal against Newcastle, the Arsenal...
25m ago from SkySports.com
Saka seals win over Brighton to put Arsenal into last...
Arsenal set up a Carabao Cup quarter-final at home to Crystal Palace on a...
25m ago from SkySports.com
Comments
Hottest News
Ferrari make early decision on Lewis Hamilton contract...
Lewis Hamilton's move to Ferrari arrived to huge... Read More »
35m ago from GPFans.com
FIA presidential candidate handed emergency hearing by...
FIA presidential candidate Laura Villars has... Read More »
55m ago from MotorsportWeek.com
Sainz says Perez ‘earned' rare second F1 chance
Oct.30 Carlos Sainz says Sergio Perez fully... Read More »
55m ago from OneStopStrategy.com





























