News Details
Caterham’s new owners threaten to pull out
dir="ltr" style="line-height:1.15;margin-top:0pt;margin-bottom:0pt;">
October 22nd, 2014 (F1Plus / Rosie Baillie) - The future of the Caterham F1 team has been cast into doubt as new owners threaten to pull out. Tony Fernandes sold the Leafield based team to a consortium of Swiss and Middle Eastern buyers before the British Grand Prix. A strongly worded statement from Caterham on Wednesday night said that the seller had failed to transfer shares to the buyers. This means the new owners have been funding the team for the past three months but do not have a legal title to say they own the team. The statement went onto say that the new owners were now exploring...
Full Story »
Full Story »
11y ago from F1Plus.com
0
You May Also Be Interested In...
Caterham future cast into doubt as new owners threaten...
+ The new management of the Caterham F1 Team has issued a warning that it...
11y ago from RichlandF1.com
Caterham F1 on the brink as buyers threaten to pull out
Caterham faces an uncertain future after the team's buyers threaten to...
11y ago from Crash.net
Caterham threatens action against Fernandes
Caterham F1 Team
The situation at Caterham has taken another turn as new...
11y ago from F1Zone.net
Fernandes sells Caterham GP2 team
Tony Fernandes
Malaysian entrepreneur Tony Fernandes has completed his...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP French GP: Jorge Martin wins sprint after...
No description available...
2h ago from Motorsport.com
Marc Marquez to miss at least two races after French...
No description available...
1h ago from Motorsport.com
MotoGP proposes banning ride-height devices for...
No description available...
3h ago from Motorsport.com
Jorge Martin storms to dominant Le Mans MotoGP Sprint...
Jorge Martin secured his second MotoGP Sprint victory of the season with...
2h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Enzo Fittipaldi snags first Indy NXT win in Race 1 of...
No description available...
18h ago from Motorsport.com
IndyCar postpones IMS qualifying due to rain
The NTT IndyCar Series has postponed qualifying due to continuing...
17h ago from MotorsportWeek.c...
Rain washes out IndyCar qualifying at Indianapolis...
No description available...
17h 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...
21h ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Portugal: Oliver Solberg stunningly jumps to first...
No description available...
4h ago from Motorsport.com
WRC Portugal: Organisers investigate major stage...
No description available...
20h ago from Motorsport.com
WRC Portugal: Adrien Fourmaux off gives Sebastien...
No description available...
23h ago from Motorsport.com
Dani Sordo questions “stupid” WRC tyre rules amid...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Merse: Can't see anything apart from Arsenal winning...
Paul Merson thinks Arsenal winning the league is done deal after...
2h ago from SkySports.com
Update on PSG trio's fitness and chances of returning...
Paris Saint-Germain reportedly expect to have Achraf Hakimi, Lucas...
5h ago from CaughtOffside.com
Arsenal could try signing unsettled Kylian Mbappe if...
Arsenal have been tipped to change the course of their history if they win...
6h ago from CaughtOffside.com
Bayern rival Arsenal for signing of £70m Newcastle...
Bayern Munich are reportedly eyeing up a potential summer transfer window...
7h ago from CaughtOffside.com
Comments
Hottest News
F1 journalist expects bombshell announcement from Lewis...
F1 journalist Louis Dekker expects a bombshell... Read More »
5h ago from GPFans.com
F1 'weighing up options' over QUADRUPLE header
F1 are considering adding two more races to the... Read More »
1h ago from GPFans.com
Mercedes chief boasts how Lewis Hamilton still helped them...
A Mercedes boss has revealed the impact that... Read More »
2h ago from GPFans.com
