News Details

Caterham Confirm Team Take-Over Deal Completed

The Caterham F1 Team have confirmed that Tony Fernandes and his partners have sold the team to a team of Swiss and Middle Eastern investors, who have been advised by former Formula One team principal Colin Kolles. The change of ownership starts with immediate effect, with former Minardi, Midland and Spyker driver Christijan Albers taking over the day-to-day running of the team from Cyril Abiteboul, who has left the team for other challenges. Manfred Ravetto will assist Albers in the role. Dutchman Albers, who scored a best finish of fifth in the infamous United States Grand Prix of 2005 and raced in 45 Grand Prix, knows the challenge ahead of him is going to be hard, but has immediately...
Full Story »
Share

You May Also Be Interested In...

Fernandes has sold Caterham with immediate effect

New era for Caterham Caterham F1 Team have confirmed that Tony Fernandes...
2y ago from GrandPrix247.com

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

Following days of speculation resulting from Tony Fernandes mysterious...
2y ago from Pitpass.com

Fernandes sells Caterham F1 Team

– Tony Fernandes and his partners have sold the Caterham F1 Team to...
2y ago from GPUpdate.net

Albers to become team principal as Fernandes sells...

Caterham F1 Team has confirmed that Tony Fernandes and his partners have...
2y ago from F1Technical.net

Elsewhere On The Network

Popular On MGPToday.com

Marquez ready for unpredictable Silverstone

MotoGP World Championship leader Marc Marquez believes that at Silverstone...
8h ago from SuperSport.com

Smith will need further surgery on leg injury

Bradley Smith says the knee injury that has ruled him out of this...
15h ago from Motorsport.com

‘I’m going to have a go’ says Lowes ahead of...

Britain’s Alex Lowes will make his competitive MotoGP debut at...
18h ago from BikeSportNews.com

Smith apologises to home fans for absence

– Tech 3 Yamaha rider Bradley Smith has issued an apology to...
18h ago from GPUpdate.net

Popular On IndyCarToday.com

VIDEO: Firestone 600 highlights

Still catching your breath from Saturday night's Firestone 600 at Texas...
9h ago from Racer.com

Enerson to return for final two IndyCar races

R.C. Enerson will be back behind the wheel of the No. 19 Dale Coyne Racing...
5h ago from Motorsport.com

PRUETT: Painting the IndyCar points picture

The hunt for the 2016 Verizon IndyCar Series championship has come down...
16h ago from Racer.com

INDYCAR: Hinchcliffe set for 'Dancing with the Stars'

The IndyCar Series is getting its second dancing star on national TV....
13h ago from Racer.com

Popular On TotalWRC.com

Solberg will contest French World RX round after...

Reigning World Rallycross champion Petter Solberg, who was involved in a...
19h ago from Motorsport.com

Smeets named new VW Motorsport boss

Belgian gets top job following Capito's departure
18h ago from WRC.com

Volkswagen appoints Smeets to replace McLaren-bound...

Volkswagen has appointed former WRC co-driver Sven Smeets as its new...
1d ago from Motorsport.com

Wilks to make World RX return in Barcelona with JRM

Former Junior World Rally Championship title-contender Guy Wilks will make...
15h ago from Motorsport.com

Popular On GunnersToday.com

Is Xhaka Arsenal's missing puzzle piece?

FC's Paul Mariner and Alexis Nunes discuss what Granit Xhaka's role with...
3h ago from ESPNFC.co.uk

Rumour Rater: Balotelli finally leaving?

FC's Paul Mariner talks the latest transfer rumours with just hours left...
3h ago from ESPNFC.co.uk

The Sweeper: Wilshere's available

FC's Alexis Nunes presents The Sweeper where Jack Wilshere may leave on...
3h ago from ESPNFC.co.uk

Arsenal confirm signing of Lucas Perez from Deportivo...

Former Arsenal striker Paul Mariner was impressed with what he saw with...
3h ago from ESPNFC.co.uk

Comments

Hottest News

Mad Max – ‘Someone would have put him in a tree’

Considering how much paperwork the FIA must have... Read More »
13h ago from F1.co.uk

Brundle: F1's Max attack at Spa

It's all about the drivers, always was and always... Read More »
18h ago from SkySports.com

Who’s in contention for that all important 2017 Renault...

Poor old Jolyon Palmer must feel a bit sad every... Read More »
20h ago from ThisIsF1.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.