News Details
Caterham F1 buyer says Fernandes remains owner
Caterham F1 Team
Caterham's new buyer insists that it has adhered to all contractual obligations relating to its purchase of the Formula 1 team as disputes continue over who owns the squad.
The beleaguered outfit has been placed into administration this week and staff were locked out of the Leafield-based factory when they turned up for work on Thursday morning.
On Wednesday the Formula 1 team issued a statement claiming that Tony Fernandes did not transfer the shares to Swiss firm Engavest SA, prompting the Malaysian to hit back via Twitter, stating "If you buy something you should pay for it. Quite simple."
But Engavest SA responded on Thursday afternoon to state that its side...
Full Story »
Full Story »
10y ago from F1Zone.net
0
You May Also Be Interested In...
If you buy something, you pay for it - Fernandes
Tony Fernandes has hit back at a statement from the Caterham F1 Team which...
10y ago from TheF1Times.com
Caterham staff locked out of factory
Caterham F1 Team
Caterham staff have been locked out of the team's...
10y ago from F1Zone.net
Fernandes sells Caterham GP2 team
Tony Fernandes
Malaysian entrepreneur Tony Fernandes has completed his...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Why Alex Rins can't wait for Yamaha's V4 engine
No description available...
21h ago from Motorsport.com
Brazil replaces Argentina as 2026 MotoGP calendar...
The 2026 MotoGP calendar has officially been released and the new season...
2d ago from MotorsportWeek.c...
Brazilian GP replaces Argentina in 2026 MotoGP calendar
No description available...
2d ago from Motorsport.com
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
5d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Laguna Seca – Qualifying Results
IndyCar traveled to the West Coast for a round at the historic Laguna...
9h ago from MotorsportWeek.c...
Alex Palou grabs IndyCar pole at Laguna Seca
IndyCar headed out for qualifying at Laguna Seca just before noon local...
9h ago from MotorsportWeek.c...
Foggy conditions at Laguna Seca delay IndyCar’s...
The NTT IndyCar Series was set to hit the track early Saturday morning...
13h ago from MotorsportWeek.c...
Alex Palou powers to fifth IndyCar pole of 2025 at...
No description available...
9h ago from Motorsport.com
Popular On TotalWRC.com
Monaco GP circuit stage in frame for WRC comeback in...
No description available...
1d ago from Motorsport.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
1w ago from Motorsport.com
Oliver Solberg stuns WRC field to lead Rally Estonia...
No description available...
1w ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Viktor Gyokeres signs for the Arsenal
Morning. After a lot of slow stuff with regards to Viktor Gyokeres, when...
3h ago from Arseblog.com
Report: Arsenal now accelerating deal to sign £60m...
Arsenal have already made waves this summer by securing the signings of...
9h ago from FreshArsenal.com
Report: Rivals in advanced talks to sign 25-year-old...
Fulham are interested in signing the Arsenal attacker Reiss Nelson during...
11h ago from CaughtOffside.com
Official: Arsenal confirm the signing of Viktor...
Arsenal have officially completed the signing of Viktor Gyökeres from...
11h ago from FreshArsenal.com
Comments
Hottest News
Start time of 2025 F1 Belgian Grand Prix at Spa today
Round 13 of the 2025 F1 season takes place today,... Read More »
1h ago from RacingNews365.com
Lando Norris and Oscar Piastri handed 'exposed' warning by...
Andrea Stella has a word of caution for Lando... Read More »
1h ago from RacingNews365.com
Red Bull F1 star suffers embarrassment after FIA take...
The FIA have taken action against Red Bull F1... Read More »
9h ago from GPFans.com
