News Details

Caterham's future to be decided at crunch meeting on Monday

The future of the Caterham Formula One team will be decided at a meeting of its creditors tomorrow (Monday) according to an article in the Express by Christian Sylt.At the end of October Caterham Sports, the company which designed and built Caterham's F1 cars, collapsed into administration with debts of £16.2m and the team itself soon followed suit into the hands of administrators Smith & Williamson.A meeting of creditors will take place tomorrow morning in London and recently-released documents state that they will be asked 'to approve the administrators' proposals' which include 'asking creditors to consider establishing a creditors' committee.'This group would have considerable...
Full Story »
10y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Caterham survival takes another step

The future of ailing F1 team Caterham will be decided on Monday. The...
10y ago from GrandPrix.com

Frijns parts company with Caterham

Caterham F1 Team Robin Frijns has parted company with Caterham after his...
10y ago from F1Zone.net

Frijns officially parts ways with Caterham

– Robin Frijns has officially split from the Caterham Formula 1...
10y ago from GPUpdate.net

Frijns parts company with Caterham F1 Team

Robin Frijns has officially parted company with the Caterham F1 Team,...
10y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Motegi remains on MotoGP calendar through 2030

MotoGP has officially confirmed that the Japanese Grand Prix at Motegi...

Marco Bezzecchi explained what ‘key moment' he...

Marco Bezzecchi explained his first lap was the "key moment"...

Popular On IndyCarToday.com

O’Ward explains the multiple steps that came...

Pato O’Ward won Sunday’s IndyCar race from the streets of Toronto,...

Kyffin Simpson’s confidence ‘very high right...

When Kyffin Simpson crossed the finish line in Sunday’s Honda Indy...

Popular On TotalWRC.com

Popular On GunnersToday.com

Exclusive: Arsenal 'are looking' at three potential...

Arsenal are looking at three potential attacking players as transfer...
53m ago from CaughtOffside.com

Expert confirms Arsenal star snubbed strong transfer...

Arsenal expert Charles Watts has confirmed that Chelsea seemed to have a...
1h ago from CaughtOffside.com

'This title is only important for Chelsea' - Jose...

Former Chelsea manager Jose Mourinho has made a curious claim about the...
1h ago from SportsKeeda.com

Arsenal superstar ready to make financial effort in...

Arsenal defender William Saliba is reportedly ready to make a financial...
2h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.