News Details

Caterham F1 confirms change of ownership

Caterham F1 Team is under new ownership after Tony Fernandes sold his interest following uncertainty over the team's future. The Leafield-based squad confirmed that Fernandes and his partners have sold the operation to a consortium of Swiss and Middle Eastern investors, advised by former F1 team principal Colin Kolles. Under the terms of the sale, the team will continue to race as Caterham F1 Team and will remain based at Leafield for the foreseeable future. The new ownership takes charge with immediate effect. Former Dutch F1 driver Christijan Albers will take over the day-to-day running of the team, assisted by Manfredi Ravetto and reporting directly to the board. He replaces former team...
Full Story »
1y ago from Crash.net 0
Share

You May Also Be Interested In...

Fernandes sells Caterham F1 Team

– Tony Fernandes and his partners have sold the Caterham F1 Team to...
1y ago from GPUpdate.net

Caterham confirms new management structure

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

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

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

Caterham boss Fernandes admits 'F1 hasn't worked'

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

Elsewhere On The Network

Popular On MGPToday.com

Rossi laments “stupid mistake” that cost Assen...

Valentino Rossi was left to lament his own “stupid mistake” after...
16h ago from Motorsport.com

MotoGP Assen: Debut victory gives Miller a...

Estrella Galicia Marc VDS rider Jack Miller has a lot to celebrate this...
14h ago from BikeSportNews.com

MotoGP Assen: Sunday times and race results

All the results from the Dutch GP
1d ago from BikeSportNews.com

Assen MotoGP: Jack Miller stuns in wet and wild...

Jack Miller scored his maiden MotoGP race victory in a sensational wet...
20h ago from Motorsport.com

Popular On IndyCarToday.com

"What They're Saying" from qualifying at...

Top 10 quotes from qualifying for the KOHLER Grand Prix Verizon IndyCar...
19h ago from Motorsport.com

"What They're Saying" from KOHLER Grand Prix

Top 10 quotes from the Kohler Grand Prix Verizon IndyCar Series race on...
11h ago from Motorsport.com

INDYCAR: Power holds off Kanaan at Road America

Team Penske's Will Power mastered the Road America circuit on IndyCar's...
14h ago from Racer.com

INDYCAR: Track, series exult in Road America turnout

Although he shied away from giving a specific attendance estimate, Road...
9h ago from Racer.com

Popular On TotalWRC.com

Paddon targets Poland bounce back

Kiwi keen to put recent disappointment behind him
2d ago from WRC.com

Craig Breen and Stéphane Lefebvre to represent Abu...

Winners of Rally de Portugal with Kris Meeke and Paul Nagle, the Abu Dhabi...
2d ago from Motorsport.com

Ogier draws 'additional strength' from fatherhood

Will Tim make the champ even faster?
2d ago from WRC.com

Hyundai Motorsport targets podium at fast and furious...

Hyundai Motorsport is ready to challenge for another podium result in...
2d ago from Motorsport.com

Popular On GunnersToday.com

Alexis and Chile win the Copa, Mesut misses, Ireland...

Morning all, welcome to a brand new week and let's begin with some good...
2h ago from Arseblog.com

Alexis Sanchez posts incredible Instagram snap of...

Alexis Sanchez posts incredible Instagram snap of Chile celebrations...
1h ago from DailyMail.co.uk

Mesut Ozil urges Germany team-mates to move to EPL as...

Mesut Ozil urges Germany team-mates to move to the Premier League as...
1h ago from DailyMail.co.uk

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.