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

Technical Specification of 2016 Honda MotoGP RC213V...

Technical Specification of 2016 Honda MotoGP RC213V 2016 Technical...
7h ago from MotoGPFanatic.com

Photos: Honda's 2016 MotoGP challenger

No description available...
6h ago from GPUpdate.net

Honda launches its 2016 MotoGP challenger

The Repsol-backed Honda factory MotoGP squad has officially unveiled its...
10h ago from Motorsport.com

Honda: Our engineers give good machine to fight for...

Honda: Our engineers give good machine to fight for 2016 title Respol...
7h ago from MotoGPFanatic.com

Popular On IndyCarToday.com

IndyCars tougher than ever to drive in 2016, says...

Team Penske’s Simon Pagenaud is impressed with the increased downforce...
2d ago from Motorsport.com

INDYCAR: Aero comparo views

Direct comparison views of the new aero pieces debuting this week in...
2d ago from Racer.com

INDYCAR: Chilton encouraged after first test

New Chip Ganassi Racing driver Max Chilton turned his first laps in an...
3d ago from Racer.com

Legendary Indy mechanic/engineer Jim Travers dies at 95

ABOVE: Jim Travers (left), chief mechanic for Indianapolis 500 winner...
1d ago from Racer.com

Popular On TotalWRC.com

Masterful Ogier wins in Sweden

The reigning world champion drove his Volkswagen Polo R to a 29.8sec...
2h ago from WRC.com

BREAKING NEWS: Ogier claims third Sweden win

BREAKING NEWS: Ogierclaims third Sweden win Sébastien Ogier secured his...
6h ago from WRC.com

Ogier wins Rally of Sweden

Triple world champion Sebastien Ogier won the Rally of Sweden on Sunday...
5h ago from SuperSport.com

Rally Sweden - Results (Top 15)

The leading classification for the 2016 Rally Sweden, the second round of...
6h ago from Crash.net

Popular On GunnersToday.com

We passed a mental test - Wenger

Arsenal manager Arsene Wenger believes his side emerged successfully from...
2h ago from BBC.co.uk

'Everybody is extremely happy for Danny'

Arsène Wenger spoke to the media after Arsenal's 2-1 win over...
2h ago from Arsenal.com

‘You know Danny Welbeck, he's a great guy'

Arsene Wenger was full of praise for match-winner Danny Welbeck as the...
2h ago from Football365.com

Arsene Wenger: This is what I really think about...

GETTY THE BOSS: Wenger was delighted after the game The Gunners beat...
2h ago from DailyStar.co.uk

Comments

Hottest News

McLaren latest F1 team to release fire-up audio

Much like the Ferrari clip that was released... Read More »
3h ago from Motorsport.com

VIDEO: Hear McLaren fire up its 2016 Honda F1 engine

McLaren has become the latest team to tease about... Read More »
2h ago from F1i.com

Serial conman claims he was Mercedes F1 boss

A serial conman and a former ‘fake'... Read More »
7h ago from F1Hub.net

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.