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
Why Marc Marquez stressed his Ducati is identical to...
No description available...
15h ago from Motorsport.com
The consequences of Toprak Razgatlioglu's arrival in...
No description available...
1d ago from Motorsport.com
Joan Mir will ‘go to bed satisfied' after...
Joan Mir admitted that he will "go to bed satisfied" after...
1d ago from MotorsportWeek.c...
Superbike legend Toprak Razgatlioglu signs with Pramac...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Scott McLaughlin looking to rebound after ‘lowest...
Scott McLaughlin is hopeful that he can quickly bounce back from his...
10h ago from MotorsportWeek.c...
Louis Foster gains new sponsor for rest of IndyCar...
Rahal Letterman Lanigan Racing rookie Louis Foster will sport a new look...
2d ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
1w ago from Motorsport.com
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
2d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
5d ago from Motorsport.com
Sebastien Ogier stays aloof from WRC title fight...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal hit roadblock in negotiations for move for...
As per Caught Offside via (Transfer News Live), Arsenal have encountered a...
5h ago from SportsKeeda.com
29 G/A star praised as 'phenomenal striker' amid...
Fiorentina striker Moise Kean has earned big praise from Italy legend...
7h ago from CaughtOffside.com
Martin Zubimendi player profile: Arsenal's new...
Martin Zubimendi is widely expected to become an Arsenal player, even if...
12h ago from CaughtOffside.com
80m Arsenal target available for transfer as he...
Real Madrid's Brazilian forward Rodrygo Goes is reportedly set to be...
11h ago from CaughtOffside.com
Comments
Hottest News
FIA announce Charles Leclerc disqualification verdict ahead...
The FIA have announced the outcome of a series of... Read More »
9h ago from GPFans.com
Hamilton reveals ‘relief’ at discovering ‘massive’...
Lewis Hamilton has admitted it was "a... Read More »
6h ago from SkySports.com
Penske reputation trashed after Porsche found to be illegal...
Hot on the heels of their Indy 500 cheating... Read More »
13h ago from GrandPrix247.com