News Details
Caterham threatens action against Fernandes
Caterham F1 Team
The situation at Caterham has taken another turn as new owners have threatened to take legal action against Tony Fernandes after they claimed that the shares have not been transferred.
It was announced in July that Fernandes was selling his squad to a group of Swiss and Middle Eastern investors but the new owners claim that the current situation, in which administrators have been called, has had a 'devastating effect' on the Formula 1 team.
Caterham released a statement late on Wednesday to clarify the situation at the Leafield-based squad.
"On 29 June 2014, Caterham Enterprises Ltd, Caterham (UK) Ltd and Sheikh Mohamed Nasarudin (Seller) and their shareholders Tony...
Full Story »
Full Story »
11y ago from F1Zone.net
0
You May Also Be Interested In...
Fernandes sells Caterham GP2 team
Tony Fernandes
Malaysian entrepreneur Tony Fernandes has completed his...
11y ago from GrandPrix247.com
Tony Fernandes sells Caterham GP2 outfit to Status GP
Tony Fernandes sells Caterham GP2 outfit to Status GPPosted On 17 Oct...
11y ago from ThisIsF1.com
Fernandes sells Caterham GP2 team
Fernandes has completed his exit from top open-wheeler racing by selling...
11y ago from GrandPrix.com
Caterham F1 owners unable to fund company
The current owners of Caterham “have been unable to fund” a company...
11y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez: 'It's not that the others are going...
No description available...
11h ago from Motorsport.com
Johann Zarco tops second MotoGP practice at Le Mans,...
Johann Zarco continued Honda's Friday dominance to top the second MotoGP...
14h ago from MotorsportWeek.c...
Pedro Acosta ‘barely makes it through’ to Q2 after...
No description available...
11h ago from Motorsport.com
What’s behind Honda’s pace-setting speed in French...
No description available...
12h ago from Motorsport.com
Popular On IndyCarToday.com
Enzo Fittipaldi snags first Indy NXT win in Race 1 of...
No description available...
7h ago from Motorsport.com
IndyCar postpones IMS qualifying due to rain
The NTT IndyCar Series has postponed qualifying due to continuing...
6h ago from MotorsportWeek.c...
Rain washes out IndyCar qualifying at Indianapolis...
No description available...
6h ago from Motorsport.com
Second IndyCar practice at IMS headed up by Alex Palou
IndyCar took to the Indianapolis Motor Speedway road course for the...
10h ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Portugal: Organisers investigate major stage...
No description available...
9h ago from Motorsport.com
WRC Portugal: Adrien Fourmaux off gives Sebastien...
No description available...
12h ago from Motorsport.com
Dani Sordo questions “stupid” WRC tyre rules amid...
No description available...
16h ago from Motorsport.com
WRC Portugal: Hyundai on top as overnight leader...
No description available...
17h ago from Motorsport.com
Popular On GunnersToday.com
The seven games that will decide whether Arsenal or...
enal have the advantage in the Premier League title race but will they...
7h ago from TheGuardian.com
Mikel Arteta urges Arsenal to ‘channel energy’ in...
ager dismisses criticism from the ‘celebration police’ and is focused...
7h ago from TheGuardian.com
Arsenal and Man City battle for 55m Spanish attacker...
Matias Fernandez-Pardo has been linked with a move away from LOSC Lille at...
8h ago from CaughtOffside.com
Andrea Berta a huge admirer of 26-year-old Liverpool...
Arsenal are interested in signing the Atalanta midfielder Ederson Dos...
8h ago from CaughtOffside.com
Comments
Hottest News
Oscar Piastri airs Mercedes concern: 'Let's see what it's...
Just how much of an impact will the Mercedes... Read More »
39m ago from RacingNews365.com
Thought F1 was bad? INDYCAR drivers rage over crazy rules:...
An IndyCar rule change has confused all involved,... Read More »
8h ago from GPFans.com
Aston Martin 2026 flop ‘the biggest blunder in F1...
Aston Martin is experiencing a true F1 disaster... Read More »
9h ago from GPFans.com
