News Details
Insolvency experts try to save Caterham F1 team
Insolvency specialists have been handed full management responsibility at the financially troubled Caterham Formula One team in a bid to find a buyer. Administrators closed the team factory in the English county of Oxfordshire, on Thursday, and have been placed in charge of the team. Caterham said in a statement that the management was handed over 'in the higher interest of allowing the team to continue operating and preparing for the next events.' Administrator Finnbarr O'Connell says 'this is a very cash-strapped team.' The past and present owners of Caterham have been engaged in a dispute over the last week leading up to Friday's announcement. Malaysian entrepreneur Tony Fernandes says...
Full Story »
Full Story »
11y ago from F1Pulse.com
0
You May Also Be Interested In...
Caterham: Administrator 'reaching out'
The administrator handed responsibility for the Caterham F1 team has said...
11y ago from SkySports.com
Management of Caterham F1 team handed to administrator
Caterham has announced that management of the Caterham team has been...
11y ago from Pitpass.com
Caterham team is Fernandes' responsibility, say buyers
Getty Images Enlarge The group of investors that have been running...
11y ago from espnF1.com
Caterham handed over to administrators
– Caterham's management has decided to step back and hand-over the...
11y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
MotoGP to leave Phillip Island in favour of Adelaide...
MotoGP has confirmed that the Australian Grand Prix will move from...
10h ago from MotorsportWeek.c...
Aprilia steps up efforts to lure Francesco Bagnaia for...
No description available...
10h ago from Motorsport.com
Casey Stoner leads criticism as Phillip Island’s...
No description available...
12h ago from Motorsport.com
Adelaide set to host the 2027 Australian MotoGP Grand...
No description available...
23h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar grows international broadcast offerings for...
The NTT IndyCar Series has announced that its already extensive global...
5h ago from MotorsportWeek.c...
IndyCar expanding global broadcasting presence for the...
No description available...
7h ago from Motorsport.com
Alexander Rossi fastest as rain disrupts second...
The NTT IndyCar Series completed the second and final day of testing at...
22h ago from MotorsportWeek.c...
Firestone prepared to take new right-front tire for...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
3d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
4d ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
4d ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
4d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Newcastle star Anthony Gordon's preferred club amid...
Newcastle United star Anthony Gordon reportedly prefers a move to...
1h ago from SportsKeeda.com
Arsenal ready to complete attacking puzzle with move...
Arsenal remain interested in signing Nico Williams from Athletic Club...
2h ago from CaughtOffside.com
Arsenal & Man United have ‘significant'...
Karl Etta Eyong has been linked with a move away from Levante, and the...
2h ago from CaughtOffside.com
Arsenal star makes decision on Emirates future,...
Bukayo Saka has signed a new long-term contract with Arsenal, and the...
6h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin F1 agony laid bare in 87 painful seconds as...
Aston Martin's F1 testing agony was laid bare in... Read More »
4h ago from GPFans.com
F1: Test Times: Bahrain 19-02
Today's times from Manama, the second day of the... Read More »
6h ago from Pitpass.com
Lewis Hamilton's LIGHTNING F1 start blitzes rivals and...
Lewis Hamilton's rocketship speed trounced his F1... Read More »
3h ago from GPFans.com
