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Caterham F1 buyers total contempt of Fernandes
Caterham F1's buyers Engavest have refuted Tony Fernandes' claims that purchase obligations were not met, and has stated its “total contempt” for Fernandes and Caterham Group executives. Following Engavest's statement on Wednesday night that it was considering pulling out as it hadn't received shares from Fernandes, the F1 team's buyers also insisted it had paid everything as agreed. However, Fernandes then hit back saying Engavest had “failed to comply with any of the conditions” in the sale agreement. In that statement, Caterham Group CEO Graham Macdonald said he doubted the intentions of Engavest and added: “I go on to question how anyone who was interested in the long term...
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