News Details
Caterham bosses threatens to quit
Caterham's new owners could walk away from F1 and take legal action against Tony Fernandes, claiming he has not transferred his shares.
Prior to this year's British Grand Prix, Fernandes sold Caterham to a consortium of Swiss and Middle Eastern investors, but despite the new ownership the team has continued to be dogged by reports of financial difficulties.
Earlier this week, Caterham Sports Limited (CSL) went into administration and was told told that the team's car would not be permitted to leave the factory until "an acceptable agreement" is reached.
With the team's participation in next weekend's United States GP in jeopardy, the new owners have pointed the finger firmly at...
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10y ago from PlanetF1.com
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