News Details
Caterham have two weeks to find a buyer
Caterham looking for a buyer
The Caterham Formula One team may have to be wound up if a buyer does not emerge in the next two weeks, an administrator said on Friday.
'We're continuing our efforts to try and find a buyer for the team, bearing in mind the workforce are the lifeblood of the team,' Henry Shinners told Sky television outside the closed factory in England.
'We feel that if a buyer doesn't come forward in the next two weeks then we'll probably have to wind it down.'
Caterham and tail-end rivals Marussia are both in administration and absent from this weekend's U.S. Grand Prix in Austin, with only nine teams competing.
They will also miss the Brazilian Grand Prix in Sao Paulo the...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
Caterham F1 given two weeks to find new buyer
Administrators in control of the Caterham F1 team say the squad could be...
11y ago from SpeedCafe.com
Caterham has two weeks to find buyer
Caterham's administrators say the team will likely be wound up if a buyer...
11y ago from espnF1.com
Two-week deadline for Caterham
Caterham's administrators have said the team will probably be wound up in...
11y ago from SkySports.com
Potential buyers in contact with Caterham...
The administrators in charge of the Caterham F1 Team are confident of...
11y ago from TheF1Times.com
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...
6h ago from MotorsportWeek.c...
Aprilia steps up efforts to lure Francesco Bagnaia for...
No description available...
6h ago from Motorsport.com
Casey Stoner leads criticism as Phillip Island’s...
No description available...
8h ago from Motorsport.com
Adelaide set to host the 2027 Australian MotoGP Grand...
No description available...
19h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar expanding global broadcasting presence for the...
No description available...
3h ago from Motorsport.com
IndyCar grows international broadcast offerings for...
The NTT IndyCar Series has announced that its already extensive global...
2h ago from MotorsportWeek.c...
Alexander Rossi fastest as rain disrupts second...
The NTT IndyCar Series completed the second and final day of testing at...
18h ago from MotorsportWeek.c...
Firestone prepared to take new right-front tire for...
No description available...
22h 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
Arsenal star makes decision on Emirates future,...
Bukayo Saka has signed a new long-term contract with Arsenal, and the...
3h ago from CaughtOffside.com
Report: Man Utd have discussed £95m Liverpool...
Manchester United have reportedly had some internal discussions about the...
4h ago from CaughtOffside.com
Saka becomes Arsenal's best-paid player after signing...
Bukayo Saka has signed a new four-year contract at Arsenal that makes him...
4h ago from SkySports.com
'Incredible' manager tipped to replace Arteta at...
Former Arsenal midfielder Emmanuel Petit believes Como boss Cesc Fabregas...
4h ago from CaughtOffside.com
Comments
Hottest News
F1: Test Times: Bahrain 19-02
Today's times from Manama, the second day of the... Read More »
3h ago from Pitpass.com
Aston Martin F1 agony laid bare in 87 painful seconds as...
Aston Martin's F1 testing agony was laid bare in... Read More »
40m ago from GPFans.com
Max Verstappen sets final Red Bull test goal as 'super...
Max Verstappen will have just half a day behind... Read More »
50m ago from RacingNews365.com
