News Details
Administrators take control at Caterham
Caterham's Leafield factory Caterham Enlarge The management of the Caterham F1 team has been handed over to administrators after those running the team decided to step back late on Thursday evening. The news follows a week of dispute over the ownership of the team, with Engavest - the company that attempted to buy the team from Tony Fernandes - saying it was no longer willing to run the outfit. Engavest claimed Fernandes had not transferred the shares of the team after the sale was agreed, while Fernandes accused Engavest of not meeting some of the conditions of the sale, including paying creditors. A brief team statement on Friday confirmed that administrators Smith & Williams are now in...
Full Story »
Full Story »
11y ago from espnF1.com
0
You May Also Be Interested In...
Caterham handed over to administrators
– Caterham's management has decided to step back and hand-over the...
11y ago from GPUpdate.net
Administrator takes control at Caterham
In the latest chapter of the Caterham saga, the running of the F1 team...
11y ago from PlanetF1.com
Caterham hands over to administrators
Caterham F1 Team
Caterham F1 Team has confirmed that it has handed over...
11y ago from F1Zone.net
Caterham F1 team handed to administrators
Caterham F1 Team is now in the hands of administrators in attempt to...
11y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Jerez hosts three days of private MotoGP testing with...
No description available...
3h ago from Motorsport.com
Aprilia boss on calming Marco Bezzecchi: ‘He’s...
No description available...
6h ago from Motorsport.com
Pedro Acosta leads MotoGP standings after opener –...
No description available...
1d ago from Motorsport.com
How Raul Fernandez is chasing his next MotoGP contract
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar reveals track design for Washington D.C. event
IndyCar has revealed the track design for the newly-added event in...
1h ago from MotorsportWeek.c...
Washington D.C. IndyCar track layout and event logo...
No description available...
2h ago from Motorsport.com
David Malukas’ Penske poise earns accolades from...
After just two races with Team Penske under his belt, David Malukas is...
3h ago from MotorsportWeek.c...
Pit stop mishap hinders Mick Schumacher in oval debut
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai's WRC upgrade plan to close the gap to Toyota
No description available...
2h ago from Motorsport.com
Why Hyundai WRC team is "working at 120 per...
No description available...
4d ago from Motorsport.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
6d ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'He's dangerous for society' – Patrice Evra labels...
Manchester United legend Patrice Evra has suggested that former Arsenal...
2h ago from SportsKeeda.com
“I don’t care if he’s happy or unhappy” -...
Former Arsenal winger Perry Groves has criticized Mikel Arteta for sending...
2h ago from SportsKeeda.com
Why do so many people want Arsenal to fail in the...
leaders haven’t won the title in more than 20 years. Yet very few...
3h ago from TheGuardian.com
Gabriel Martinelli reveals what gives Arsenal...
Gabriel Martinelli has opened up about Arsenal's pursuit of their maiden...
4h ago from SportsKeeda.com
Comments
Hottest News
Toto Wolff says the only thing that matters to Stefano...
Mercedes boss Toto Wolff hit back at Formula 1... Read More »
1h ago from GrandPrix247.com
F1MATHS: Telemetry shows where Mercedes' enormous advantage...
The first qualifying session of the 2026 Formula... Read More »
11h ago from F1Technical.net
F1: FIA to act on energy management before Japan?
There is growing speculation that the FIA will... Read More »
1h ago from Pitpass.com
