News Details

Fernandes sells Caterham F1 Team

– Tony Fernandes and his partners have sold the Caterham F1 Team to a consortium of Swiss and Middle Eastern investors, advised by former F1 Team Principal Colin Kolles, it has been confirmed.As reported on GPUpdate.net earlier today, ex-Formula 1 driver Christijan Albers will take over the day-to-day running of the outfit, reporting directly to the board and replacing outgoing Team Principal Cyril Abiteboul, who will leave the team 'to pursue new challenges'.Albers will be assisted by Manfredi Ravetto with the new owners taking charge with immediate effect."We are aware of the huge challenge ahead of us given the fight at the bottom end of the Championship and our target now is...
Full Story »
1y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Caterham confirms new management structure

Caterham F1 Team Caterham has confirmed that Tony Fernandes and his...
1y ago from F1Zone.net

Caterham boss Fernandes admits 'F1 hasn't worked'

Caterham owner Tony Fernandes has once again reignited speculation that he...
1y ago from TheF1Times.com

Kolles returning to F1 as Caterham saviour?

Colin Kolles was part of the short-lived HRT F1 project Former HRT and...
1y ago from GrandPrix247.com

Official: Caterham sold to Swiss and Middle Eastern...

Following days of speculation resulting from Tony Fernandes mysterious...
1y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Scott Redding: 2016 a 'make or break' year for MotoGP...

New Pramac Ducati rider Scott Redding says 2016 will be a “make or...
11h ago from GrandPrixTimes.c...

Lorenzo comfortable with Rossi preference

Reigning MotoGP champion Jorge Lorenzo has said that he does not mind...
1d ago from SuperSport.com

Redding: 2016 'make or break' year

– Pramac rider Scott Redding has described 2016 as a "make or...
22h ago from GPUpdate.net

Popular On IndyCarToday.com

RACER: Sonoma IndyCar testing footage

RACER's Marshall Pruett brings you footage of Wednesday's Chevy...
3h ago from Racer.com

INDYCAR: Sonoma testing gallery

Images from Wednesday's test day for Chevrolet-powered teams from Chip...
6h ago from Racer.com

Robin Miller's Mailbag for February 10, presented by...

Page 1 of 7 Welcome to the Robin Miller Mailbag as presented by Honda...
18h ago from Racer.com

Popular On TotalWRC.com

Ogier blasts 'idiot' decision

World champion Sebastien Ogier blasted Rally of Sweden organisers as...
12h ago from SuperSport.com

Ford RS – The Legend Continues

Enthusiasts have loved Ford RS branded vehicles for decades. Now, with...
19h ago from TheCheckeredFlag...

Ogier calls for Rally Sweden to be cancelled

Defending World Rally Champion Sebastien Ogier has called for Rally...
15h ago from Crash.net

Mikkelsen: ‘Win removed stress'

The Volkswagen driver starts this week’s Rally Sweden with the pressure...
19h ago from WRC.com

Popular On GunnersToday.com

Arsenal to hold talks with international star over...

GETTY Sanchez has been one of the shining stars of Arsene Wenger's side...
1h ago from Express.co.uk

Picture Special: Which Premier League side has been...

EXPRESS SPORT takes a look at which clubs have committed the most fouls...
2h ago from Express.co.uk

Leicester City has best ticket value while Manchester...

Calculated with the number of goals scored at home against the value of...
1h ago from SportsKeeda.com

Sunderland AFC: Former Arsenal defender Emmanuel Eboue...

Former Arsenal right-back Emmanuel Eboue is training with Sunderland. The...
11h ago from TalkSport.com

Comments

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.