News Details

Fernandes exits as Caterham confirm takeover

Caterham have confirmed that former team principal Tony Fernandes and his partners have sold the team to a consortium of Swiss and Middle Eastern investors, advised by former HRT and Midland team principal Colin Kolles.Under the terms of the sale, the team will retain their name and will remain based at their current Leafield location ‘for the foreseeable future’.Former F1 driver Christijan Albers, who made 46 Grands Prix starts between 2005 and 2007 and drove under Kolles at Midland in 2006, will take over the day-to-day running of the squad with immediate effect, replacing Cyril Abiteboul, who will leave the team ‘to pursue new challenges’."We are aware of...
Full Story »
1y ago from Formula1.com 0
Share

You May Also Be Interested In...

Caterham confirms sale to consortium

Sutton Images Enlarge Caterham will continue to compete in Formula One...
1y ago from espnF1.com

Caterham F1 sale could be announced this week

Caterham Group owner Tony Fernandes is believed to have found a buyer for...
1y ago from TheF1Times.com

Tony Fernandes hints at Caterham sale

Caterham owner Tony Fernandes has dropped the biggest hint yet that he...
1y ago from RichlandF1.com

Caterham confirm sale with Albers taking charge

The Caterham F1 team has confirmed that owner Tony Fernandes has sold the...
1y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

Analysis: How Mugello proved to Vinales Yamaha was the...

Yamaha-bound rider Maverick Vinales is certain he's made the right choice...
1d ago from Motorsport.com

Mugello Expert Opinion: Casey Stoner

Without doubt Andrea Iannone and the Desmosedici GP had the pace to run...

Analysis: Why struggling Honda had to redesign its...

While Honda admits the deficiencies of its new MotoGP engine, the Japanese...
3d ago from Motorsport.com

Yamaha suspects overrevving to blame for engine...

Yamaha overrevved its engines at Mugello, or at least that's the theory...
4d ago from Motorsport.com

Popular On IndyCarToday.com

Michael Andretti on life after Indy defeats

What does an elite sportsman do when the greatest achievement of his...
5h ago from Motorsport.com

Marco Andretti hoping to end family 'curse' in 100th...

A member of the legendary Andretti family hasn't won the Indianapolis 500...
7h ago from Motorsport.com

Penske on pacing the Indianapolis 500 field

Team giant Roger Penske has assured his four drivers that he intends to...
5h ago from SpeedCafe.com

PADDOCK NOTEBOOK: 100th Indy 500

As the countdown to the 100th running of the Indianapolis 500 continues,...
13h ago from SpeedCafe.com

Popular On TotalWRC.com

Lydden WRX: Solberg leads Day 1 as Loeb hits trouble

Reigning World Rallycross Champion Petter Solberg leads the way after the...
15h ago from Motorsport.com

The WRC gallery: Round 5: Portugal

Advertising Here is a selection of some of our favourite photographs,...
1d ago from WRC.com

Camilli buoyed by Portugal result

M-Sport driver reflects on fifth place finish
1d ago from WRC.com

Merzouga, Stage 5: Benavides wins as Rodrigues ends...

Honda's Kevin Benavides took win in the 2016 edition of Merzouga Rally at...
1d ago from Motorsport.com

Popular On GunnersToday.com

Liverpool and Leicester to battle over versatile...

Arsenal midfielder Alex Oxlade-Chamberlain is a wanted man, with...

Enrique, N'Zogbia, Falcao... 15 Premier League players...

TARSPORT count down 15 Premier League players who have taken huge amounts...
3h ago from DailyStar.co.uk

Which Arsenal star tops the list of the 10 most...

TARSPORT count down the 10 most accurate passers of the football during...
3h ago from DailyStar.co.uk

Tottenham set to battle Arsenal and Leicester for...

GETTY TARGET: Janssen's wanted by a host of Premier League clubs Spurs...
10h ago from DailyStar.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.