News Details
Administrators take control of Caterham F1
Administrators have now taken control of the Caterham F1 team following a decision from current owners Engavest SA.
The move comes after a series of claims and counter claims between former owner Tony Fernandes and the current management team regarding the ownership of the outfit.
The dispute has put the team’s participation in next weekend’s US Grand Prix in doubt with staff locked out of the Leafield factory after Caterham Sports Limited, a company which helps service the cars, went into administration this week.
However, it appears the team’s hopes of competing at Austin’s Circuit of the Americas have been thrown a lifeline after the current management team decided to step back...
Full Story »
Full Story »
10y ago from SpeedCafe.com
0
You May Also Be Interested In...
Caterham hands over to administrators
Caterham F1 Team
Caterham F1 Team has confirmed that it has handed over...
10y ago from F1Zone.net
Caterham future uncertain amid ownership row
The future of Formula One outfit Caterham is in doubt as current owners...
10y ago from SuperSport.com
Caterham buyer insists they've met all obligations
Caterham's new management team insist they have honoured all agreements...
10y ago from TheF1Times.com
Caterham handed over to administrators
– Caterham's management has decided to step back and hand-over the...
10y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Honda MotoGP Luca Marini suffers major injury in...
Honda HRC Castrol MotoGP rider Luca Marini sustained major injuries...
5h ago from MotorsportWeek.c...
‘Major acceleration' in talks between Toprak...
Reports state that there has been a "major acceleration" in...
9h ago from MotorsportWeek.c...
Pedro Acosta: Silverstone MotoGP ‘a race of...
Pedro Acosta's patience is wearing thin with the KTM MotoGP project after...
13h ago from MotorsportWeek.c...
Pedro Acosta’s complaints are more than just a...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Veteran engineer Michael Cannon returns to Dale Coyne...
Dale Coyne Racing has announced that it has re-hired expert engineer...
2h ago from MotorsportWeek.c...
Three drivers lose Indy 500 finishing positions after...
The NTT IndyCar Series has penalized three drivers following the...
2d ago from MotorsportWeek.c...
Exclusive: Alex Palou “woke up at 3am and couldn't...
No description available...
1d ago from Motorsport.com
Andretti Global, Prema Racing issued suspensions and...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Co-driver dies after crash during Jim Clark rally in...
Roberts, 39, was pronounced dead at the scene near Duns in the Scottish...
4d ago from TheGuardian.com
Rally Portugal criticism causes WRC, FIA to address...
No description available...
1w ago from Motorsport.com
WRC signs new deal to race in Portugal until at least...
No description available...
6d ago from Motorsport.com
WRC Portugal: Sebastien Ogier claims record-extending...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Manchester United update as club in 'pole position'...
Manchester United will need to make several additions if they are to climb...
28m ago from SportsMole.co.uk
Latest transfer news and rumours: Jorginho leaves...
Sports Mole rounds up the latest transfer news and rumours, including...
6h ago from SportsMole.co.uk
Report: Christopher Vivell watched 70m-rated Arsenal...
Manchester United are interested in signing Benjamin Sesko from German...
3h ago from CaughtOffside.com
Chelsea transfer news: Premier League giants 'in...
Eintracht Frankfurt forward Hugo Ekitike is reportedly attracting...
8h ago from SportsMole.co.uk
Comments
Hottest News
Ron Dennis will ‘never go back’ to F1, slams...
Ron Dennis, one of Formula 1’s most influential... Read More »
8h ago from F1i.com
Wolff names team that could gain most from flexi-wing...
As Formula 1 heads to Barcelona for the Spanish... Read More »
12h ago from F1i.com
Ricciardo teaser gets fans excited as legend issues ‘five...
Formula 1 fans have been whipped into a frenzy... Read More »
1h ago from GPFans.com