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Caterham: New bosses threaten withdrawal

The Caterham F1 team has been plunged into further turmoil with its new management team threatening to pull out. The situation has reached a new flashpoint over allegations that the squad’s former boss Tony Fernandes has not honoured agreements with the new buyer, Engavest SA. The news comes a few weeks after the Sheriff’s Office published a statement that it had seized goods from the Leafield team base. Further conjecture from the administrators in the media suggested there was a chance that the team's cars would not be released in time for the US Grand Prix in Austin, Texas, in 10 days or workers would be forced from the factory. A statement released by the Caterham F1 team said:...
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