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 »
9mo 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...
9mo ago from GPUpdate.net

Caterham confirms new management structure

Caterham F1 Team Caterham has confirmed that Tony Fernandes and his...
9mo ago from F1Zone.net

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

Following days of speculation resulting from Tony Fernandes mysterious...
9mo ago from Pitpass.com

Caterham boss Fernandes admits 'F1 hasn't worked'

Caterham owner Tony Fernandes has once again reignited speculation that he...
10mo ago from TheF1Times.com

Elsewhere On The Network

Popular On MotoGPToday.com

More details emerge of Marquez injury

Further details have emerged regarding Saturday's finger injury for...
20h ago from Crash.net

Rossi & Marquez set to resume duel in Jerez

Valentino Rossi and Marc Marquez look set to resume their duel for the...
19h ago from MotoGP.com

Smith s ankle a four to six month injury

Bradley Smith may not mention it, but one glance at the Englishman...
16h ago from Crash.net

Popular On IndyCarToday.com

Montoya and Kimball disagree, both critical of race...

After a frantic IndyCar race at Barber, multiple drivers were left with...
1d ago from Motorsport.com

Tander to make Formula Ford comeback

Leanne Tander is set to make a full comeback to the Australian Formula...
1h ago from Motorsport.com

Five worthless opinions: Honda Grand Prix of Alabama...

Mark Wilkinson looks at this past weekend's IndyCar race and how it sets...
12h ago from Motorsport.com

Newgarden Takes Maiden Win at Barber

An outstanding race full of strategy and passing saw Josef Newgarden hold...

Popular On TotalWRC.com

David Higgins brings home rally win for Subaru

Higgins and co-driver Craig Drew three for three. Subaru Rally Team USA...
2h ago from Motorsport.com

Pirelli Enjoy Positive Rally Argentina

Tyre manufacturer Pirelli enjoyed a positive outing on the XION Rally...
10h ago from TheCheckeredFlag...

Encouraging start to World RX for Marklund Motorsport

Team Marklund Motorsport had an encouraging start to the FIA World...
11h ago from Motorsport.com

Latvala: Argentina DNF a bitter blow

Volkswagen's Jari-Matti Latvala says his failure to finish Rally...
15h ago from Crash.net

Popular On GunnersToday.com

Burley's Boiling Point: Yawn away, Wenger

FC's Craig Burley sounds off on comments that Jose Mourinho's Chelsea play...
2h ago from ESPNFC.co.uk

George Graham hails Chelsea's defensive display...

Former Arsenal manager George Graham has denied that Chelsea are a boring...
2h ago from SportsMole.co.uk

Report: Arsenal set to launch £24m bid for Pedro

Arsenal are preparing a £24m summer move for forgotten Barcelona winger...
5h ago from SportsMole.co.uk

Report: Manchester City to offer £30m for Jack...

Manchester City are preparing to offer Arsenal £30m to sign midfielder...
6h ago from SportsMole.co.uk

Comments

comments powered by Disqus

Hottest News

Alonso ‘knew’ Ferrari would improve – Gracia

Fernando Alonso 'knew' Ferrari would take a step... Read More »
1h ago from ThisIsF1.com

Sutil set to take legal action against Sauber

The Hinwil based F1 squad Sauber's legal troubles... Read More »
22h ago from ThisIsF1.com

Hamilton to take part in Gumball 3000 Rally

Reigning Formula 1 World Champion Lewis Hamilton... Read More »
13h ago from FormulaSpy.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.