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Caterham to race in Abu Dhabi after crowdfunding
Formula One team Caterham will compete in the season-ending Abu Dhabi Grand Prix next week after a successful crowdfunding campaign. Caterham, which has been taken over by insolvency specialists while it seeks a new buyer, has missed the last two races in the United States and Brazil. Caterham administrator Finbarr O'Connell said Friday that the team had raised enough money through a crowdfunding program to race in Abu Dhabi. The initiative has raised £1.87 million ($2.92 million) so far and the final target is to raise £2.35 million ($3.7 million). 'In only a week the fans have made the impossible, possible,' O'Connell said. 'We knew that the best way to keep this team alive...
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10y ago from F1Pulse.com
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