News Details
Caterham staff made redundant
Caterham saga continues
On the very day Caterham announced it will return to the grid for the Abu Dhabi Grand Prix, the beleaguered Formula 1 team's entire staff was made redundant.
After a controversial crowdfunding scheme raised $3 million for the embattled backmarker, administrator Finbarr O'Connell announced that Caterham is heading to Abu Dhabi for the 2014 finale.
A statement said it was made possible 'through Crowdcube, the world's leading investment crowdfunding platform'.
Crucially, Crowdcube's service accountancy and tax adviser is Smith and Williamson — the company Caterham administrator and interim team boss O'Connell works for.
So with O'Connell now faced with claims the...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
Caterham set for Abu Dhabi return
LONDON, Nov 14, 2014 (AFP) - The struggling Caterham team are set to...
11y ago from F1Plus.com
Caterham to race in Abu Dhabi after crowdfunding
Formula One team Caterham will compete in the season-ending Abu Dhabi...
11y ago from F1Pulse.com
Caterham confirms Abu Dhabi participation
Caterham F1 Team
Caterham has confirmed that it will make its Formula 1...
11y ago from F1Zone.net
Caterham administrator positive over future
Caterham F1 Team
Administrators acting on behalf of Caterham say that a...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta says teaming up with Marc Marquez would...
No description available...
8h ago from Motorsport.com
Aprilia’s MotoGP advantage not due to special rear...
No description available...
1d ago from Motorsport.com
Why WorldSBK leader Nicolo Bulega could miss out on a...
Rumours surrounding Nicolo Bulega and a possible move to MotoGP in 2027...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Feature: RLL’s split fortunes in Barber highlight...
At the most recent IndyCar race from Barber Motorsports Park, Graham...
58m ago from MotorsportWeek.c...
IndyCar: A closer look at Mick Schumacher's true pace
No description available...
22h ago from Motorsport.com
Will Power's father okay after wrestling with armed...
No description available...
1d ago from Motorsport.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
How Takamoto Katsuta’s maiden WRC win is impacting...
No description available...
9h ago from Motorsport.com
Hyundai continues to honour Craig Breen's memory
Hyundai Shell Mobis World Rally Team will run a special livery at this...
1d ago from MotorsportWeek.c...
Hyundai unveils Craig Breen tribute livery for WRC...
No description available...
1d ago from Motorsport.com
Storm damage forces changes to WRC Rally Islas...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
White-out: 4 replacements Arsenal are targeting to...
Arsenal’s search for right-back depth has taken on extra intrigue after...
2h ago from FreshArsenal.com
Calafiori channels pain of Italy World Cup misery to...
t;li>Win over Sporting comes after back-to-back cup defeats‘It’s...
2h ago from TheGuardian.com
Man United & City transfer target to cost...
Manchester United and Manchester City are reportedly likely to be the two...
6h ago from CaughtOffside.com
Arsenal leading Bundesliga giants in the race for...
Sao Paulo attacker Lucca Marques is a target for Premier League club...
4h ago from CaughtOffside.com
Comments
Hottest News
Liam Lawson implored to follow path of fellow Red Bull...
Liam Lawson was demoted by Red Bull just over a... Read More »
58m ago from RacingNews365.com
Why Alonso was denied a holy lap of Madrid with the Pope!
In the long and storied career of Fernando... Read More »
1h ago from F1i.com
Oscar Piastri expands on reason behind reduced Mark Webber...
Oscar Piastri has elaborated on the rationale for... Read More »
1h ago from RacingNews365.com
