News Details
Caterham to miss United States and Brazilian Grands Prix
Bernie Ecclestone has given Caterham permission to miss the next two rounds of the season.Late this afternoon it was revealed that the administrators of Caterham Sports Limited (CSL), Finbarr O'Connell and Henry Shinners of Smith & Williamson have agreed terms to acquire the share capital of 1MRT, the Malaysian company which holds the licence to participate in the Formula One World Championship.On this basis the administrators now have the ability to sell the Caterham Formula 1 Team including the operations at Leafield.'This includes the Formula 1 licence, the racing cars, the designs and intellectual property for current and future seasons plus the workforce and all of the technical...
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11y ago from Pitpass.com
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