News Details

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...
Full Story »
9y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Caterham administrators in talks with 'credible'...

Caterham F1 Team Administrators for the Caterham F1 Team say that they...
10y ago from F1Zone.net

Potential buyers in contact with Caterham...

The administrators in charge of the Caterham F1 Team are confident of...
10y ago from TheF1Times.com

Caterham administrators in contact with potential...

+ The administrators of the Caterham F1 Team say that they have spoken to...
10y ago from RichlandF1.com

Caterham hands over to administrators

Caterham F1 Team Caterham F1 Team has confirmed that it has handed over...
10y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

Valencia MotoGP race scrapped, four possible tracks...

It has been reported that Dorna will reconsider its original plans to...

Francesco Bagnaia isn't ‘prepared' to race in...

Double reigning MotoGP champion Francesco Bagnaia has revealed he isn't...
10h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Enzo Fittipaldi to run IndyCar test with McLaren later...

Arrow McLaren has announced that it will place Enzo Fittipaldi in one of...
26m ago from MotorsportWeek.c...

Ganassi finalizes IndyCar lineup, confirms Kyffin...

Chip Ganassi Racing announced its full 2025 IndyCar line-up on Wednesday,...

Popular On TotalWRC.com

A Farewell Message from The Checkered Flag

After 15 years of motorsport coverage, TheCheckeredFlag.co.uk announces...

Didier Auriol entering Rally Japan, first WRC start...

1994 World Rally Champion Didier Auriol will run the 2024 season finale in...

Popular On GunnersToday.com

Christian Falk Fact Files: Arteta wants Bundesliga...

Christian Falk Fact Files: Today's exclusive transfer round-up from...
3h ago from CaughtOffside.com

Man United transfer news: Ruben Amorim 'wants'...

Incoming Manchester United head coach Ruben Amorim allegedly wants to...
4h 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.