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Caterham has two weeks to find buyer
Caterham's administrators say the team will likely be wound up if a buyer is not found in the next two weeks. Caterham entered administration last week and has not travelled to the US Grand Prix this weekend. The future of the team is in serious doubt and over 200 jobs are at stake if a solution cannot be found. Administrator Smith & Williamson told Sky Sports as many as 12 potential buyers are interested, but said the deadline for a deal is tight. "We're continuing our efforts to try and find a buyer for the team, bearing in mind the workforce are the lifeblood of the team," joint administrator Henry Shinners said. "We feel that if a buyer doesn't come forward in the next...
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10y ago from espnF1.com
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