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Potential buyers in contact with Caterham administrators
The administrators in charge of the Caterham F1 Team are confident of finding a buyer which could allow the team to take part in the final race of the season in Abu Dhabi. Smith & Williamson confirmed in a statement that they have been approached by interested parties with the necessary funding to secure the team's future. "We have received several expressions of interest from parties with the financial strength to fund a F1 race team. These conversations are ongoing. "We believe this approach will maximise the assets of the broader Caterham F1 team and so enable the best outcome for creditors and other stakeholders, including employees of 1MRT." It also confirmed that should...
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10y ago from TheF1Times.com
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