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Caterham denies shutdown rumours

Caterham has hit back at paddock rumours team founder Tony Fernandes has lost interest in the F1 project and could soon shut it down. Late last year, Malaysian entrepreneur Fernandes handed over the role as team boss to Cyril Abiteboul. And the decision to replace the highly rated Heikki Kovalainen with a second pay-driver for 2013 was seen by some as an acknowledgement that Caterham is unlikely to ever make the giant leap from the back even to the middle of the grid. Indeed, the green cars lined up dead last on the Melbourne grid last Sunday, while Caterham was the only team whose drivers both finished the race two laps down. Riad Asmat, Caterham chief executive, dismissed all the rumours....
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