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Caterham administrators positive over 2015 chances
– Caterham administrators Smith & Williamson say they remain hopeful that the team will be able to compete in Formula 1 next season.Caterham entered administration following a dispute between Tony Fernandes and Engavest and missed two races, prior to returning in Abu Dhabi courtesy of a crowd-funding scheme.Creditors voted in favour of the administrators' proposals during a meeting on Monday and there is now renewed hope that the team will be able to race in 2015."Our dialogue with prospective interested parties continues," joint administrator Henry Shinners told Sky Sports."We are grateful to creditors for their endorsement of our strategy and work. We remain hopeful...
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11y ago from GPUpdate.net
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