News Details

Caterham F1 team seeks funds from fans

Administrators of the Caterham Formula One team announced a crowdfunding initiative on Friday to try to raise £2.35 million by the end of next week so they can race in Abu Dhabi. "If we don't hit the target by next Friday, obviously the pledged funds will be returned," Finbarr O'Connell, the administrator representing Smith & Williamson, said in a statement. "But right now we are hopeful for the future of the team and we are confident that the team showing the world that it can race again will lead to a bright future under a new owner on a proper financial footing," added the 'interim team principal'. Caterham said companies and fans could pledge money through a...
Full Story »
10y ago from SuperSport.com 0
Share

You May Also Be Interested In...

Caterham hopes to race in Abu Dhabi

Sutton Images Enlarge The administrator of Caterham expects the team to...
10y ago from espnF1.com

Administrator expects Caterham to race in Abu Dhabi

Caterham could be back on the grid in Abu Dhabi Caterham administrators...
10y ago from GrandPrix247.com

Caterham administrators in talks with 'credible'...

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

Caterham preparing for Abu Dhabi return

Caterham preparing for Abu Dhabi returnPosted On 06 Nov 2014By :...
10y ago from ThisIsF1.com

Elsewhere On The Network

Popular On MGPToday.com

Jorge Martin to miss Thai and Argentine MotoGP races

Aprilia has announced that Jorge Martin will miss the first two MotoGP...

Popular On IndyCarToday.com

Will Buxton: F1 drivers see IndyCar as ‘quite...

Will Buxton is IndyCar’s new lead TV presenter, moving over from...

Dale Coyne announces askROI as full season sponsor

Dale Coyne Racing announced on Wednesday that AI-driven business askROI...
22h ago from MotorsportWeek.c...

Zak Brown outlines investment that could maximize...

McLaren Racing CEO Zak Brown has released a public letter covering...

Team Penske quickest in final IndyCar test day

The NTT IndyCar Series held its second and final preseason open test day...

Popular On TotalWRC.com

WRC drivers follow F1 in statement to FIA president

World Rally Championship drivers have penned a strongly-worded statement...

Elfyn Evans wins Rally Sweden by a whisker

Super Sunday on Rally Sweden was just that! After 300km of hard racing,...

Elfyn Evans under pressure on Rally Sweden –...

Elfyn Evans and Scott Martin maintained their lead on Rally Sweden after...

Popular On GunnersToday.com

Ian Wright uses Liverpool & Man United as...

Arsenal legend Ian Wright has warned that his old club can't afford to get...
41m ago from CaughtOffside.com

Massive Attack (Questions)

The best-case scenario for Arsenal’s domestic season now is to remain on...
1h ago from Arseblog.com

Victor Osimhen transfer latest: Galatasaray striker...

Victor Osimhen delivers an update on his future at Galatasaray amid...
1h 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.