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
How far has Francesco Bagnaia fallen behind compared...
No description available...
6h ago from Motorsport.com
Marc Marquez's crash tally halves in 2025 as Ducati...
No description available...
8h ago from Motorsport.com
Franco Morbidelli renews with VR46 Racing Team for...
Franco Morbidelli has announced he will remain a satellite Ducati rider...
9h ago from MotorsportWeek.c...
VR46 Ducati retains Franco Morbidelli for 2026 MotoGP...
No description available...
10h ago from Motorsport.com
Popular On IndyCarToday.com
Will Power released after 17 years with Team Penske
Team Penske has parted ways with veteran IndyCar driver Will Power, the...
5h ago from MotorsportWeek.c...
Will Power and Team Penske officially part ways after...
No description available...
5h ago from Motorsport.com
Scott McLaughlin praises Kyffin Simpson after titanic...
Two Team Penske drivers finished on the podium in IndyCar’s season...
1d ago from MotorsportWeek.c...
Winners and Losers of the 2025 IndyCar Nashville...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
2d ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
1d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Piero Hincapie reveals what Granit Xhaka told him...
New Arsenal signing Piero Hincapie has admitted he spoke to former Gunner...
4h ago from SportsKeeda.com
Arsenal latest: Gyokeres defends 'player power' claims...
No description available...
6h ago from SkySports.com
8 signings, 11 outgoings: All the details from...
It has been a frantic summer at Arsenal as Andrea Berta has made his mark...
7h ago from FreshArsenal.com
Rio Ferdinand names best value for money signing this...
Pundit Rio Ferdinand has delivered his verdict on the signing of the...
8h ago from SportsKeeda.com
Comments
Hottest News
Staggering Newey admission emerges over Verstappen to Aston...
Adrian Newey has discussed Max Verstappen’s... Read More »
7h ago from GPFans.com
Lewis Hamilton blasted by Italian media after Dutch Grand...
Lewis Hamilton was once again berated by Italian... Read More »
56m ago from GPFans.com
Ferrari ditch famous red colours for Italian Grand Prix
The Ferrari F1 team have veered away from their... Read More »
2h ago from GPFans.com
