News Details
Caterham buyer insists they've met all obligations
Caterham's new management team insist they have honoured all agreements with Tony Fernandes to take control of the outfit, following the latter's suggestion they hadn't paid for his shares. Fernandes wrote on Twitter: "If you buy something you should pay for it. Quite simple." Engavest SA, the company behind the deal to take over the team, denied the allegations in a statement released on Thursday. "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 Racing Team/Caterham F1. "Engavest SA has fulfilled all the conditions precedent, including paying the purchase price for the...
Full Story »
Full Story »
11y ago from TheF1Times.com
0
You May Also Be Interested In...
Caterham F1 buyer says Fernandes remains owner
Caterham F1 Team
Caterham's new buyer insists that it has adhered to all...
11y ago from F1Zone.net
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
Caterham threatens action against Fernandes
Caterham F1 Team
The situation at Caterham has taken another turn as new...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
3h ago from MotorsportWeek.c...
2027 MotoGP bikes may not be slower at half the...
No description available...
4h ago from Motorsport.com
VR46 approached by Aprilia for 2027 but new Ducati...
No description available...
1d ago from Motorsport.com
Jerez hosts three days of private MotoGP testing with...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Winners and losers from an action-packed IndyCar race...
No description available...
21h ago from Motorsport.com
IndyCar reveals track design for Washington D.C. event
IndyCar has revealed the track design for the newly-added event in...
1d ago from MotorsportWeek.c...
Washington D.C. IndyCar track layout and event logo...
No description available...
1d ago from Motorsport.com
David Malukas’ Penske poise earns accolades from...
After just two races with Team Penske under his belt, David Malukas is...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Toyota tips Hyundai to fight back in WRC 2026
No description available...
22h ago from Motorsport.com
Hyundai's WRC upgrade plan to close the gap to Toyota
No description available...
1d ago from Motorsport.com
Why Hyundai WRC team is "working at 120 per...
No description available...
5d ago from Motorsport.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Bid prepared: Arsenal considering move for contract...
Arsenal are reportedly considering a summer transfer window move for...
1h ago from CaughtOffside.com
'He's out' – Arteta confirms key Arsenal star...
Arsenal’s quest for a maiden European crown faces a significant hurdle...
4h ago from CaughtOffside.com
U-turn: Report reveals surprise outcome of recent...
Arsenal may reportedly have cooled their interest in the potential...
7h ago from CaughtOffside.com
The big boys are back for Leverkusen trip
Morning all. We're in Champions League action this evening, taking on...
6h ago from Arseblog.com
Comments
Hottest News
Toto Wolff responds to McLaren's Mercedes complaint and...
Toto Wolff has hit back at its F1 rivals who rely... Read More »
5h ago from GPFans.com
Aston Martin concede to Australian GP 'mess' after major...
Aston Martin's challenging start to the new F1... Read More »
1h ago from RacingNews365.com
F1: Chinese Grand Prix: Preview - Mercedes
It's important we listen to the fans and... Read More »
1h ago from Pitpass.com
