News Details
Caterham '90%' sure of Abu Dhabi presence
Caterham F1 Team
Administrators acting on behalf of Caterham's Formula 1 team say they are 90% sure that the squad will compete at next weekend's Abu Dhabi Grand Prix.
Caterham has been looking to raise £2.35m through a crowd-funding project and while they remain around £1m short of that target - which they must reach by the end of Friday - Finbarr O'Connell, from administrators Smith & Williamson, say that deals are being finalised which should result in the squad making it to the season finale.
"What we will have and what we are negotiating – and why these things always go to the end – is that we are negotiating drivers' contracts at the moment and also sponsorship...
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11y ago from F1Zone.net
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