News Details

Administrators ignored Caterham bid

Administrators for the Caterham team have allegedly ignored the enquiries of a potential saviour for the squad. The news comes just days after Smith & Williamson, administrators for the team, announced it had just two weeks in which to find a buyer.We understand contact from a prospective investor was made early last week with the party interested in buying the team as a means of entering Formula One.No response was received from the team or administrators, while sources suggested to this writer that a lack of clarity over who exactly owns the team, coupled with the preservation of its 2015 entry, has left administrators distracted.It is believed Caterham's formal entry in to the 2015...
Full Story »
11y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Caterham administrators in contact with potential...

+ The administrators of the Caterham F1 Team say that they have spoken to...
11y ago from RichlandF1.com

Caterham administrators in talks with 'credible'...

Caterham F1 Team Administrators for the Caterham F1 Team say that they...
11y ago from F1Zone.net

Caterham appeals to 'credible' parties

– Caterham's administrators say they are holding discussions with...
11y ago from GPUpdate.net

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

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar grows international broadcast offerings for...

The NTT IndyCar Series has announced that its already extensive global...
27m ago from MotorsportWeek.c...

Alexander Rossi fastest as rain disrupts second...

The NTT IndyCar Series completed the second and final day of testing at...
16h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Elfyn Evans wins Swedish showdown

Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...

Popular On GunnersToday.com

Arsenal star makes decision on Emirates future,...

Bukayo Saka has signed a new long-term contract with Arsenal, and the...
1h ago from CaughtOffside.com

Report: Man Utd have discussed £95m Liverpool...

Manchester United have reportedly had some internal discussions about the...
2h 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...
2h ago from SkySports.com

'Incredible' manager tipped to replace Arteta at...

Former Arsenal midfielder Emmanuel Petit believes Como boss Cesc Fabregas...
3h 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 »
1h ago from Pitpass.com

F1 Testing Results: Bahrain timesheets as Lewis Hamilton...

Lewis Hamilton's second day of F1 testing at the... Read More »
6h ago from GPFans.com

F1 Testing Results: Bahrain timesheets as Aston Martin fall...

Aston Martin's F1 testing escapades went from bad... Read More »
1h ago from GPFans.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.