News Details
Caterham have two weeks to find a buyer
Caterham looking for a buyer
The Caterham Formula One team may have to be wound up if a buyer does not emerge in the next two weeks, an administrator said on Friday.
'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,' Henry Shinners told Sky television outside the closed factory in England.
'We feel that if a buyer doesn't come forward in the next two weeks then we'll probably have to wind it down.'
Caterham and tail-end rivals Marussia are both in administration and absent from this weekend's U.S. Grand Prix in Austin, with only nine teams competing.
They will also miss the Brazilian Grand Prix in Sao Paulo the...
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11y ago from GrandPrix247.com
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