News Details

Caterham assets up for auction

As light appears at the end of the tunnel for Marussia, Caterham really does appear to have reached the end of the road.A brief statement issued this afternoon reveals that the Leafield-based outfit's assets are being put up for auction under the instructions of its joint administrators.It reads:'Acting for the Joint Administrators Finbarr O’Connell, Henry Shinners and Anthony Spicer of Smith & Williamson, Wyles Hardy & Co have been instructed to realise the assets of the Caterham F1 race team. A series of on-line timed auction sales will be held covering the race equipment, engineering facility, F1 memorabilia , IT and communications, office furniture and as well as private treaty...
Full Story »
10y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Marussia set to exit administration

Marussia F1 Team The beleaguered Marussia outfit is set to exit...
10y ago from F1Zone.net

Haas begins wind tunnel testing for 2016 debut

The Haas F1 Team, led by owner Gene Haas, has begun wind tunnel testing of...
10y ago from GrandPrixTimes.com

Marussia could make 2015 F1 return

The Marussia team's chances of returning to Formula 1 this season have...
10y ago from BBC.co.uk

Max Yamabiko: What next for Marussia?

The apparent return of the Marussia F1 team to Formula 1 as 'Manor...
10y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Long Beach to bring in new leadership for iconic event

Organizers of the annual Grand Prix of Long Beach event have announced...

Pato O’Ward joined by F2 champion in McLaren F1...

McLaren has announced its driver development program lineup for 2026,...

Popular On TotalWRC.com

Popular On GunnersToday.com

'Seen as inevitable' – Worrying Arsenal update...

Arsenal manager Mikel Arteta is reportedly attracting interest from big...
2h ago from CaughtOffside.com

Arsenal now set to target £120m double transfer after...

Arsenal are now reportedly set to switch their focus to Eintracht...
3h ago from CaughtOffside.com

“We are pretty confident of catching Arsenal” -...

Manchester City star Tijjani Reijnders has said the club is confident of...
3h ago from SportsKeeda.com

'In active talks' – Fabrizio Romano provides...

Fabrizio Romano says Chelsea are in active talks over signing a new...
6h ago from CaughtOffside.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.