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 »
10y 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...
10y ago from F1Plus.com
Caterham to race in Abu Dhabi after crowdfunding
Formula One team Caterham will compete in the season-ending Abu Dhabi...
10y ago from F1Pulse.com
Caterham confirms Abu Dhabi participation
Caterham F1 Team
Caterham has confirmed that it will make its Formula 1...
10y ago from F1Zone.net
Caterham administrator positive over future
Caterham F1 Team
Administrators acting on behalf of Caterham say that a...
10y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
KTM already working on 2027 MotoGP rules as it...
No description available...
2h ago from Motorsport.com
KTM avoids talking about crisis at 2025 MotoGP launch:...
No description available...
8h ago from Motorsport.com
KTM riders Brad Binder and Pedro Acosta discuss 2025...
Factory KTM riders Brad Binder and Pedro Acosta discuss their respective...
8h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
PREMA completes first on-track IndyCar test session
PREMA Racing conducted its first on-track test session in IndyCar earlier...
17h ago from MotorsportWeek.c...
Zak Brown: IndyCar "should slipstream on the back...
No description available...
1d ago from Motorsport.com
Juncos Hollinger shows off new-look livery for 2025...
Juncos Hollinger Racing unveiled a new look for the 2025 NTT IndyCar...
1w ago from MotorsportWeek.c...
IndyCar takes over promotion of Nashville event
IndyCar’s Music City Grand Prix will be promoted internally by IndyCar...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Fourmaux to keep ‘head on shoulders’ after...
No description available...
8h ago from Motorsport.com
The five big takeaways from the WRC Rally Monte Carlo
No description available...
3d ago from Motorsport.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
3d ago from Motorsport.com
Rovanpera: Difficult WRC Monte Carlo opener “not a...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
'We respect people and that is why when I look at him,...
No description available...
56m ago from SportsKeeda.com
Arsenal handed boost as key player likely to be fit to...
No description available...
2h ago from SportsKeeda.com
Arsenal handed FA Charge for behaviour after Myles...
No description available...
2h ago from SportsKeeda.com
Arsenal in race to sign Spurs target after failure to...
No description available...
2h ago from SportsKeeda.com
Comments
Hottest News
Adrian Newey Addresses Red Bull's Downfall Amid Rising...
Red Bull’s 2024 Formula 1 season has been a... Read More »
45m ago from Formula1News.co.uk
Are Ferrari Worried About Lewis Hamilton's Testing Crash?
Lewis Hamilton's highly anticipated debut with... Read More »
45m ago from Formula1News.co.uk
Lewis Hamilton Breaks His Silence on Ditching Mercedes and...
Lewis Hamilton's recent transition from Mercedes... Read More »
55m ago from Formula1News.co.uk