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 »
10y ago from SpeedCafe.com 0
Share

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...

‘Major acceleration' in talks between Toprak...

Reports state that there has been a "major acceleration" in...

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...

Popular On IndyCarToday.com

Veteran engineer Michael Cannon returns to Dale Coyne...

Dale Coyne Racing has announced that it has re-hired expert engineer...

Three drivers lose Indy 500 finishing positions after...

The NTT IndyCar Series has penalized three drivers following the...

Popular On TotalWRC.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

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.