News Details
Buyer says Fernandes still owns Caterham F1
– The consortium that purchased Caterham at the end of June has insisted that Tony Fernandes did not transfer the relevant shares and still owns the team.Fernandes made reference to the claims against him via Twitter on Wednesday night, stating: "If you buy something, you should pay for it."But Engavest SA, the Swiss-based buyer, released a statement on Thursday claiming that it "fulfilled all the conditions" of the agreement.It also stated that Fernandes is "fully responsible" for the team moving forward."On 29 June 2014 Engavest SA signed a Sale and Purchase Agreement with Tony Fernandes and the Caterham Group to acquire the shares of 1Malaysia...
Full Story »
Full Story »
11y ago from GPUpdate.net
0
You May Also Be Interested In...
Caterham future cast into doubt as new owners threaten...
+ The new management of the Caterham F1 Team has issued a warning that it...
11y ago from RichlandF1.com
If you buy something, you pay for it - Fernandes
Tony Fernandes has hit back at a statement from the Caterham F1 Team which...
11y ago from TheF1Times.com
Caterham bosses threaten to quit Formula 1 as it...
Caterham's new 'owners' have threatened to quit the team and the sport...
11y ago from TheF1Times.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo reveals MotoGP moment that felt...
No description available...
2h ago from Motorsport.com
Kevin Schwantz: “I see myself reflected in Marc...
No description available...
20h ago from Motorsport.com
Fermin Aldeguer suffers fracture in MotoGP training...
No description available...
22h ago from Motorsport.com
Marc Marquez to make Ducati return in private Valencia...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
23h ago from MotorsportWeek.c...
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
22h ago from MotorsportWeek.c...
Power completes “very good” first outing with...
No description available...
1d ago from Motorsport.com
McLaughlin set to have new spotter for 2026 IndyCar...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026, Stage 5: Ford strikes back to win but...
No description available...
1d ago from Motorsport.com
Hyundai postpones Thierry Neuville's Monte Carlo test...
No description available...
1d ago from Motorsport.com
Toyota reveals new-look WEC Hypercar for 2026 amid...
No description available...
2d ago from Motorsport.com
Why defending champion Yazeed Al-Rajhi retired from...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal 'have made phone enquiries' over wonderkid...
Arsenal have reportedly made enquiries over the phone for Borussia...
56m ago from CaughtOffside.com
Arsenal make enquiry, but Liverpool and Chelsea also...
Arsenal are interested in signing the PSG attacker Bradley Barcola....
1h ago from CaughtOffside.com
Arsecast Extra Episode 675 – 09.01.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
1h ago from Arseblog.com
Expert: Arsenal & Chelsea transfer target has...
Bayern Munich wonderkid Lennart Karl has supposedly apologised to club...
1h ago from CaughtOffside.com
Comments
Hottest News
F1 2026 car on track TODAY for the first time
A 2026 F1 car is heading out on track for the... Read More »
2h ago from GPFans.com
Ex-F1 star offers ‘no sympathy' to Oscar Piastri for...
Former F1 driver Johnny Herbert has said he does... Read More »
1h ago from MotorsportWeek.com
Christian Horner talks 'underway' over F1 team purchase -...
Another F1 team is reportedly in talks with... Read More »
6h ago from GPFans.com
