News Details

Caterham confirms team sale

Caterham on Wednesday made it official, announcing Tony Fernandes' sale of the struggling F1 team. In a media statement, the team - which will continue to be called Caterham and be based at Leafield - said it is now owned by "a consortium of Swiss and Middle Eastern investors". The new owners are being "advised" by former HRT and Force India chief Colin Kolles, with the ex-Minardi driver and Dutchman Christijan Albers replacing Cyril Abiteboul - who is pursuing "new challenges" - as team boss. "We are aware of the huge challenge ahead of us given the fight at the bottom end of the championship and our target now is to aim for tenth place in the 2014...
Full Story »
10mo ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Caterham sale has Formula 1 world confused

Puzzled heads are being scratched in the Formula 1 paddock, the day after...
10mo ago from GrandPrix247.com

Tony Fernandes hints at Caterham sale

Caterham owner Tony Fernandes has dropped the biggest hint yet that he...
11mo ago from RichlandF1.com

Fernandes sells Caterham F1 team

Tony Fernandes has finally cut his ties to the Caterham Formula One team...
10mo ago from SuperSport.com

Caterham confirms sale to consortium

Sutton Images Enlarge Caterham will continue to compete in Formula One...
10mo ago from espnF1.com

Elsewhere On The Network

Popular On MotoGPToday.com

Miller: “We are making steps forward”

Jack Miller is confident his team is moving in the right direction as...
1h ago from MotoGP.com

Rossi: Your team-mate is the first enemy

Yamaha team-mates Valentino Rossi and Jorge Lorenzo are now first and...
3h ago from Crash.net

Can Ducati end its losing streak at Mugello?

It’s been almost five years since a Ducati rider last won a MotoGP race...
5h ago from Motorsport.com

Riders relish unique Mugello challenge

Rossi, Lorenzo, Iannone, Dovizioso, Marquez and Petrucci gathered in...
4h ago from MotoGP.com

Popular On IndyCarToday.com

IndyCar: Wilson hoping for more with Andretti

Veteran Indy car driver Justin Wilson has been presented with a series of...
2h ago from Racer.com

Video: Drivers preview 'Dual in Detroit'

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

Round Table Recap - Round 6 - Indianapolis 500

It's Wednesday, which means INDYCAR announced their post-event penalties...

IndyCar hands down Indianapolis 500 penalties

James Davison’s Dale Coyne Racing squad was handed a $10,000 fine as...
21h ago from SpeedCafe.com

Popular On TotalWRC.com

Olsbergs MSE Ford returns to Global Rallycross to...

2015 championship season opens this weekend in Fort Lauderdale Charlotte,...
5h ago from Motorsport.com

Portugal driver report: Part 2

Thierry Neuville (Hyundai i20)A pretty miserable weekend for the likeable...
6h ago from WRC.com

Erik Carlsson 1929-2015

Swedens 'Mr Saab' and a pioneer of left-foot braking
10h ago from WRC.com

Portugal driver report: Part 1

Jari-Matti Latvala (VW Polo R)Victory in Portugal came at just the right...
1d ago from WRC.com

Popular On GunnersToday.com

Nicholas: Walcott must start

Charlie Nicholas has warned Arsene Wenger that he must start Theo Walcott...
2h ago from SkySports.com

Arsenal set to battle Man United for £21.3m...

Arsenal are ready to take on Manchester United for the signature of...

Arsenal flop close to agreeing Galatasaray transfer

Arsenal winger Lukas Podoslki, who has spent the second half of...
4h ago from CaughtOffside.com

'Arsenal have the best fans in England'

In the build-up to Arsenal’s FA Cup final against Aston Villa on...
6h ago from Arsenal.com

Comments

comments powered by Disqus

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.