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 »
Full Story »
9y ago from GPUpdate.net
0
You May Also Be Interested In...
Caterham confirms new management structure
Caterham F1 Team
Caterham has confirmed that Tony Fernandes and his...
9y ago from F1Zone.net
Caterham boss Fernandes admits 'F1 hasn't worked'
Caterham owner Tony Fernandes has once again reignited speculation that he...
9y 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...
9y ago from GrandPrix247.com
Official: Caterham sold to Swiss and Middle Eastern...
Following days of speculation resulting from Tony Fernandes mysterious...
9y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Bagnaia used Jerez MotoGP practice as a test for...
No description available...
5h ago from Motorsport.com
Marquez says Ducati MotoGP bike adaptation "is...
No description available...
5h ago from Motorsport.com
Bagnaia fastest in second Jerez MotoGP practice session
Reigning MotoGP champion Francesco Bagnaia topped the timesheets in the...
7h ago from MotorsportWeek.c...
Binder “had my bike back” in Jerez MotoGP practice...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
Herta: Any excuse Newgarden and Penske have “is...
No description available...
2h ago from Motorsport.com
IndyCar Barber: Start times, how to watch on TV, entry...
No description available...
8h ago from Motorsport.com
McLaughlin knew rules but has ‘no recollection’ of...
No description available...
1h ago from Motorsport.com
Newgarden believed IndyCar changed boost rules,...
After being disqualified from the first race of the 2024 IndyCar season...
5h ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC looking to add F1-style team radio to TV broadcasts
No description available...
1d ago from Motorsport.com
Ford simulator boosting M-Sport WRC Puma performances
No description available...
2d ago from Motorsport.com
Auction raises more than 50K for Craig Breen Foundation
No description available...
2d ago from Motorsport.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
'It’s an easy three points for Spurs' - Former...
No description available...
55m ago from SportsKeeda.com
'It will still be really keenly contested' - Chris...
No description available...
55m ago from SportsKeeda.com
What Xavi's U-turn at Barcelona could mean for Mikel...
Recent developments at Barcelona with Xavi's decision to stay on as...
55m ago from CaughtOffside.com
Arteta receives advice from Wenger for Arsenal’s...
t;li>‘Invincibles’ won club’s last title at Tottenham 20 years...
25m ago from TheGuardian.com
Comments
Hottest News
Hamilton hints at sensational Newey arrival at Ferrari
Adrian Newey has been linked with some of Red... Read More »
3h ago from GPFans.com
Newey exit DATE revealed as Red Bull F1 chief set to leave
A date for when Red Bull design guru Adrian Newey... Read More »
15h ago from GPFans.com
Suspended Red Bull employee 'grilled' as Horner saga given...
According to reports, there could be an end date... Read More »
4h ago from GPFans.com