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 »
8mo 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...
8mo ago from GPUpdate.net

Fernandes on verge of confirming Caterham F1 sale

Tony Fernandes Ever since team founder and principal backer Tony...
8mo ago from GrandPrix247.com

Kolles appoints Albers as new Caterham boss

Colin Kolles with Christijan Albers Dutchman Christijan Albers, a former...
8mo ago from GrandPrix247.com

Fernandes to confirm Caterham team sale this week

Ever since team founder and main backer Tony Fernandes departed Twitter...
8mo ago from GrandPrix.com

Elsewhere On The Network

Popular On MotoGPToday.com

Rossi: New Ducati fast , tyre rule unfair

After witnessing the new GP15's initial laps at last week's Sepang MotoGP...
22h ago from Crash.net

'Catalunya Moto' exhibition opens to the public

The exhibition, which runs from March 3 until October 25, celebrates the...
9h ago from MotoGP.com

Moto3: New Sepang team unveils 2015 colours

The new Sepang International Circuit (SIC) Moto3 team has unveiled its...
19h ago from Crash.net

Capirossi signs-up for World GP Legends event

Loris Capirossi will be racing alongside the likes of Freddie Spencer,...
21h ago from Crash.net

Popular On IndyCarToday.com

Ed Jones and Carlin Racing Shine at Soggy Barber Test

Indy Lights Presented by Cooper Tires made the prudent decision to...
28m ago from OpenWheelWorld.n...

IndyCar: Teams take delivery of aero kits ahead of...

Teams aligned with either Chevrolet or Honda have taken delivery of the...
5h ago from Racer.com

IndyCar vs. action motorsports – a retraction

RACER.com has removed a story that appeared yesterday (Friday 02/27)...
21h ago from Racer.com

Testing IndyCar's aero kits with Tony Kanaan

Tony Kanaan spoke in an interview with Motorsport.com about his time...
21h ago from Motorsport.com

Popular On TotalWRC.com

Paddon fully focused for Rally Mexico

Hayden Paddon says he is focusing on his best performance on unfamiliar...
18h ago from Crash.net

Slow starters could clean up in Mexico

Mexico is the first of a run of six loose-surface rallies, and the first...
10h ago from WRC.com

Hyundai Motorsport runs upgraded engine in Mexico

Hyundai Motorsport has brought its upgraded engine with a new fuel...
11h ago from Crash.net

Kiwi upbeat ahead of Mexico debut

The Kiwi completed the recce at Rally Guanajuato Mexico (5 - 8 March)...
10h ago from WRC.com

Popular On GunnersToday.com

Arsene Wenger: I was going to sell Francis Coquelin...

GETTY Francis Coquelin suffered a blow to his nose after a clash with...
3h ago from Express.co.uk

David Ospina: 'We'll just focus on ourselves despite...

Arsenal goalkeeper David Ospina has suggested that the team need to...
6h ago from SportsMole.co.uk

Stephan El Shaarawy set for San Siro exit?

Arsenal and Tottenham Hotspur have been alerted to the availability of AC...
5h ago from SportsMole.co.uk

QPR vs. Arsenal: Team News and Predicted Line-Ups

Arsenal take on QPR at Loftus Road tomorrow evening, looking to maintain...
6h ago from FreshArsenal.com

Comments

comments powered by Disqus

Hottest News

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.