News Details

Caterham F1 team sold to new investors

The Caterham Formula 1 team has been sold to a consortium of Swiss and Middle Eastern investors advised by former Hispania Racing team principal Colin Kolles. Reports suggesting owner Tony Fernandes was angling to sell the team have been circulating for several weeks with a statement issued by the outfit confirming the sale. The team’s new owners will take over with immediate effect. Former Minardi and Midland racer Christijan Albers will run the team with assistance from former Hispania employee Manfredi Ravetto. The pair will replace team principal Cyril Abiteboul. The squad have also confirmed it remain at their Leafield base and will continue to be known as Caterham F1. 'We are aware...
Full Story »
7mo ago from SpeedCafe.com 0
Share

You May Also Be Interested In...

Albers to become team principal as Fernandes sells...

Caterham F1 Team has confirmed that Tony Fernandes and his partners have...
7mo ago from F1Technical.net

Fernandes sells Caterham F1 Team

– Tony Fernandes and his partners have sold the Caterham F1 Team to...
7mo ago from GPUpdate.net

Caterham sold to Kolles-led consortium

The Caterham F1 team has been sold by owner Tony Fernandes to a Swiss and...
7mo ago from BBC.co.uk

Caterham confirms new management structure

Caterham F1 Team Caterham has confirmed that Tony Fernandes and his...
7mo ago from F1Zone.net

Elsewhere On The Network

Popular On MotoGPToday.com

VIDEO: Iannone - The Ducati is fantastic!

Andrea Iannone has high hopes for the 2015 MotoGP World Championship...
21h ago from Crash.net

Miller: We need to work on saving tyres

Jack Miller's promotion to MotoGP has set tongues wagging up and down the...
12h ago from MotorcycleNews.c...

Sepang Michelin test ends in fast crashes for front...

The first test of next season’s new MotoGP control Michelin tyres has...

Pedrosa not worried about lack of a fast time

Dani Pedrosa spent the week working on the Honda engine and having...
12h ago from MotorcycleNews.c...

Popular On TotalWRC.com

Rally Mexico: Event timetable

Complete event timetable for Rally Mexico, the third round out of 13 in...
9h ago from Crash.net

Rally Mexico: Sky-high round for the DS 3 WRCS

At close to 2,800 metres above sea level, the Citroën Total Abu Dhabi...
12h ago from Motorsport.com

Hyundai to introduce engine upgrade in Mexico

Mexico poses a unique challenge to WRC teams with altitudes reaching up...
15h ago from WRC.com

Neuville relishes Rally Mexico return

Thierry Neuville is targeting a podium finish for the third year in a row...
15h ago from Crash.net

Popular On GunnersToday.com

Prediction: Arsenal vs Everton

Arsenal host Everton on Sunday afternoon in the latest Premier League...
10h ago from FreshArsenal.com

Wenger to shake up the back line, Ospina dropped:...

The Gunners have a fantastic opportunity to respond to their catastrophic...
9h ago from AllArsenal.com

Gerard Houllier Slams 'Dreadful' Arsenal Defense

Reports are out claiming that former Liverpool boss Gerard Houllier was...
8h ago from Nastytackle.com

Abou Diaby could sign new Arsenal contract

GETTY Abou Diaby is out of contract at the end of the season The...
18h ago from Express.co.uk

Comments

comments powered by Disqus

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.