News Details
Caterham excused US, Brazilian GPs
Caterham have been given permission to miss the upcoming two races in Austin and Brazil while a buyer is sought for the cash-strapped team.A statement issued on Friday by the administrators in London-based accountancy firm Smith & Williamson has effectively confirmed that Caterham will not be in a position to compete in next weekend's United States Grand Prix and the subsequent race a week later in Brazil.Administrator Finbarr O'Connell, who was forced to close the gates to the team's factory at Leafield on Thursday, has told Caterham staff not to return until a deal has been completed.Hope has been expressed that a buyer of "substantial financial means"...
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11y ago from SkySports.com
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