News Details

Caterham confirms new management structure

Caterham F1 Team Caterham has confirmed that Tony Fernandes and his partners have sold the team to a consortium of Swiss and Middle Eastern investors, advised by former Formula 1 team principal Colin Kolles. Fernandes entered the sport at the start of 2010 but has now departed the set-up, along with team principal Cyril Abiteboul. Christijan Albers, who raced in Formula 1 between 2005 and 2007, will take over day-to-day running of the team from Abiteboul, assisted by Manfredi Ravetto. The identity of the new investors has not been revealed. The new owners have targeted 10th place in this year's championship. "We are aware of the huge challenge ahead of us given the fight at the bottom...
Full Story »
7mo ago from F1Zone.net 0
Share

You May Also Be Interested In...

Caterham silent on Albers CEO rumours

– Caterham have refused to comment on reports that former Formula 1...
7mo ago from GPUpdate.net

Fernandes on verge of confirming Caterham F1 sale

Tony Fernandes Ever since team founder and principal backer Tony...
7mo ago from GrandPrix247.com

Kolles appoints Albers as new Caterham boss

Colin Kolles with Christijan Albers Dutchman Christijan Albers, a former...
7mo ago from GrandPrix247.com

Fernandes to confirm Caterham team sale this week

Ever since team founder and main backer Tony Fernandes departed Twitter...
7mo ago from GrandPrix.com

Elsewhere On The Network

Popular On MotoGPToday.com

Vinales 'improving day by day'

Suzuki's Maverick Vinales spent the final day of the second Sepang MotoGP...
2h ago from Crash.net

Sepang Michelin test ends in fast crashes for front...

The first test of next season’s new MotoGP control Michelin tyres has...
14h ago from MotorcycleNews.c...

Rookie Laverty has 'cause for optimism'

MotoGP rookie Eugene Laverty has cause for optimism after wrapping up the...
3h ago from Crash.net

Crutchlow Ends Second Sepang Test On A High

Cal Crutchlow finished the second Sepang pre-season test in fine fashion...

Popular On TotalWRC.com

Rally Rewind: Rally Guanajuato Mexico 2014

Beginning our series of countdown stories ahead of the 2015 Rally...
10h ago from WRC.com

Aussie champion Pedder joins WRC 2

Melbourne-based Pedder will drive a Ford Fiesta R5 in Portugal, Italy,...
11h ago from WRC.com

New Skoda Fabia R 5 impresses Kopecky

Former WRC driver Jan Kopecky has been helping develop the new Skoda...
13h ago from Crash.net

Sordo ready for WRC return in Mexico

Dani Sordo says he feels fighting fit to return to the World Rally...
1d ago from Crash.net

Popular On GunnersToday.com

[Image] Disappointing stats show Olivier Giroud's...

  Things had been looking up for Arsenal in recent weeks, but we were...
1h ago from AllArsenal.com

Arsenal's defeat to Monaco proves England's finest...

There was a theme in the dismantling of Premier League hopes in the...
1h ago from Telegraph.co.uk

Angry Arsene Wenger BLASTS Arsenal after Champions...

GETTY Arsene Wenger tore into his players after their humiliating defeat...
1h ago from Express.co.uk

Scouting Report: Everton

Arsenal face Everton on Sunday at the Emirates Stadium, as they look to...
5h ago from FreshArsenal.com

Comments

comments powered by Disqus

Hottest News

Massa confident of rear wing breakthrough for Williams

Felipe Massa thinks Williams may have made a... Read More »
4h ago from espnF1.com

Merc quickest, McLaren woes continue

While Lewis Hamilton set the pace at lunch on Day... Read More »
12h ago from PlanetF1.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.