News Details
Desperate Caterham F1 team seeks funds from fans
Administrators of the Caterham Formula One team announced a crowd funding initiative on Friday to try to raise £2.35 million ($3.72 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 went into administration last month and have missed the...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
Caterham F1 team seeks funds from fans
Administrators of the Caterham Formula One team announced a crowdfunding...
10y ago from SuperSport.com
Caterham have two weeks to find a buyer
Caterham looking for a buyer
The Caterham Formula One team may have to be...
10y ago from GrandPrix247.com
Caterham hand out begging bowl to reach UAE
LONDON, Nov 07, 2014 (AFP) - Cash-strapped Caterham are pleading with...
10y ago from F1Plus.com
Caterham turns to crowd-funding to race in Abu Dhabi
Sutton Images Enlarge Administrators for the Caterham F1 team have...
10y ago from espnF1.com
Elsewhere On The Network
Popular On MGPToday.com
What to expect from Aprilia in the 2025 MotoGP season
The 2025 MotoGP season marks a campaign of change at Aprilia with two new...
21h ago from MotorsportWeek.c...
Why Martin is a double-edged sword for Aprilia in...
No description available...
22h ago from Motorsport.com
Martin chooses #1 for MotoGP title defence as Aprilia...
No description available...
1d ago from Motorsport.com
The curse of number one in MotoGP - will Martin's...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Mature mindset to help David Malukas reset his IndyCar...
David Malukas is betting on a new level of maturity to help him climb the...
19h ago from MotorsportWeek.c...
FOX Sports confirms broadcast team as it assumes...
FOX Sports has announced the trio of talent that will present the NTT...
3d ago from MotorsportWeek.c...
Translating the Chili Bowl's lessons into Ferrucci's...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2025: Al-Rajhi usurps factory Toyotas to clinch...
No description available...
1d ago from Motorsport.com
Who is Dakar winner and Saudi billionaire Yazeed...
No description available...
21h ago from Motorsport.com
How the WRC’s latest debutant plans to capitalise on...
No description available...
19h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal ready to snap up 'spectacular' Norwegian with...
Mikel Arteta's Arsenal are not yet out of the Premier League title race,...
1h ago from CaughtOffside.com
Chelsea move ahead of Arsenal in race to sign...
No description available...
2h ago from SportsKeeda.com
Premier League all time top scorers: Where does Mo...
Sports Mole lists the all-time leading goalscorers of the Premier League...
1h ago from SportsMole.co.uk
Basic humanity is missing in social media...
ressing abuse suffered by Kai Havertz, his wife, and Tamworth’s Chris...
2h ago from TheGuardian.com
Comments
Hottest News
Aston Martin issue major UPDATE on Verstappen team switch
Aston Martin have issued a major update on... Read More »
2h ago from GPFans.com
Jacques Villeneuve tips Yuki Tsunoda for F1 exit without...
1997 Formula 1 Drivers’ champion Jacques... Read More »
2h ago from MotorsportWeek.com
Dakar 2025: Al-Rajhi wins at 11th try; Sanders dominates...
Yazeed Al-Rajhi became the first Saudi to win the... Read More »
1h ago from GrandPrix247.com
