News Details
Caterham team is Fernandes' responsibility, say buyers
Getty Images Enlarge The group of investors that have been running Caterham since July claim Tony Fernandes has not transfered ownership of the team to them and is therefore still responsible for its uncertain future. Fernandes founded the team in 2010, but after four years without a point sold 1Malaysia Racing Team (1MRT), the company that holds the entry to the F1 championship, to a group of Swiss and Middle Eastern investors known as Engavest SA. Advised by former HRT boss Colin Kolles, Engavest SA has been running the struggling team since before the British Grand Prix but now claims it has not received the shares it paid for. Earlier this week the company that manufactures and...
Full Story »
Full Story »
11y ago from espnF1.com
0
You May Also Be Interested In...
Buyer says Fernandes still owns Caterham F1
– The consortium that purchased Caterham at the end of June has...
11y ago from GPUpdate.net
Caterham F1 on the brink as buyers threaten to pull out
Caterham faces an uncertain future after the team's buyers threaten to...
11y ago from Crash.net
Caterham threatens action against Fernandes
Caterham F1 Team
The situation at Caterham has taken another turn as new...
11y ago from F1Zone.net
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
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin: Aprilia signed me to win the title,...
No description available...
2h ago from Motorsport.com
Can Aprilia dethrone Ducati in the 2026 MotoGP title...
The conclusion of the 2025 MotoGP season saw an unprecedented level of...
1d ago from MotorsportWeek.c...
VR46 an option for Pedro Acosta, but priority is a...
No description available...
1d ago from Motorsport.com
Aprilia reveals 2026 MotoGP bike for Marco Bezzecchi...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Long Beach to bring in new leadership for iconic event
Organizers of the annual Grand Prix of Long Beach event have announced...
22h ago from MotorsportWeek.c...
Grand Prix of Long Beach set for leadership change
No description available...
23h ago from Motorsport.com
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
1d ago from MotorsportWeek.c...
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026, Stage 13: Nasser Al-Attiyah wins to extend...
No description available...
5h ago from Motorsport.com
Dakar 2026, Stage 11: Mattias Ekstrom leads Ford...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Here we go: Arsenal & Liverpool transfer target...
Manchester City reportedly look to be closing in on the £20m transfer of...
3h ago from CaughtOffside.com
Just In: Man City make progress to sign Arsenal and...
Manchester City have taken a major step forward in their pursuit of...
5h ago from CaughtOffside.com
Chelsea rival Arsenal & Man Utd for 30m wonderkid...
Chelsea are ready to rival the likes of Arsenal and Manchester United for...
5h ago from CaughtOffside.com
“That’s what he has to try” - Mikel Arteta sends...
Arsenal boss Mikel Arteta has told Viktor Gyökeres to be ‘really good...
4h ago from SportsKeeda.com
Comments
Hottest News
‘Inspired' Lewis Hamilton shares buoyant 2026 Ferrari...
Lewis Hamilton has shared a positive outlook for... Read More »
55m ago from MotorsportWeek.com
Ferrari engine heard for first time as Cadillac complete...
Cadillac F1 completed its first shakedown at the... Read More »
45m ago from RacingNews365.com
Red Bull 'on the limit' of F1 rules after Mercedes 'trick...
Red Bull's power unit boss Ben Hodgkinson has... Read More »
5h ago from RacingNews365.com
