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Caterham appeals to 'credible' parties
– Caterham's administrators say they are holding discussions with several "credible" parties with regards to the potential sale of the team.Caterham was handed over to Smith & Williamson last week and, although close to making the journey, will miss this weekend's United States Grand Prix.In a statement issued on Friday, the accountancy firm explained: "We are working with our specialist Corporate Finance team to manage the sale process and 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...
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10y ago from GPUpdate.net
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