News Details
Caterham hands over to administrators
Caterham F1 Team
Caterham F1 Team has confirmed that it has handed over management of the team to administrators, following an escalation of the crisis engulfing the squad on Thursday.
A war of words broke out between Tony Fernandes and buyers Engavest SA over who owns the team and whether both sides of the contract had been fulfilled.
Caterham confirmed on Friday lunchtime that the squad is now in the hands of administrators as it attempts to resolve the situation in time for the team to race in the United States Grand Prix next weekend.
"Following a request of yesterday evening at 21.55hrs CET from Caterham Sports Limited's administrators and the legal advisors of Mr Tony Fernandes'...
Full Story »
Full Story »
11y ago from F1Zone.net
0
You May Also Be Interested In...
Buyer says Fernandes still owns Caterham F1
– The consortium that purchased Caterham at the end of June has...
11y ago from GPUpdate.net
Caterham staff locked out of factory
Caterham F1 Team
Caterham staff have been locked out of the team's...
11y ago from F1Zone.net
New Caterham F1 management could withdraw
– The Caterham F1 Team's new management could be forced to...
11y ago from GPUpdate.net
Caterham threatens action against Fernandes
Caterham F1 Team
The situation at Caterham has taken another turn as new...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Ducati renews VR46 and Gresini partnerships to run six...
No description available...
1d ago from Motorsport.com
Gresini confirms Joan Mir and Dani Holgado to make up...
Gresini Ducati has announced that Joan Mir and Daniel Holgado will join...
2d ago from MotorsportWeek.c...
Johann Zarco avoids surgery after Catalan GP crash,...
No description available...
1d ago from Motorsport.com
Gresini signs Joan Mir and Daniel Holgado on two-year...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Thunderstorm delays IndyCar qualifying at Mid-Ohio
Qualifying for the NTT IndyCar Series at Mid-Ohio has been delayed due to...
5h ago from MotorsportWeek.c...
IndyCar Mid-Ohio starting lineup: Christian Lundgaard...
No description available...
1h ago from Motorsport.com
IndyCar Mid-Ohio – Qualifying Results
Qualifying for the NTT IndyCar Series was held Saturday afternoon at...
51m ago from MotorsportWeek.c...
Christian Lundgaard masters Mid-Ohio to take IndyCar...
The NTT IndyCar Series held its qualifying session Saturday afternoon,...
51m ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Josh McErlean’s career-best WRC performance was...
No description available...
1d ago from Motorsport.com
New WRC constructor gearing up for maiden 2027 car test
No description available...
4d ago from Motorsport.com
Penalties for Josh McErlean and Adrien Fourmaux...
Josh McErlean and Adrien Fourmaux were summoned to the Stewards office...
4d ago from MotorsportWeek.c...
Hankook may consider developing specific WRC Acropolis...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
'Very quiet' – Liverpool & Arsenal transfer...
France winger Bradley Barcola has come in for some criticism for his...
1h ago from CaughtOffside.com
Arsenal and Manchester United told to pay £100...
Premier League giants Arsenal and Manchester United have been told to pay...
2h ago from SportsKeeda.com
'Insane price' – Journalist responds as Man City...
Manchester City have reached an agreement with Leicester City over the...
6h ago from CaughtOffside.com
Report: Arsenal transfer target in increasingly tense...
It seems that things are getting tense behind the scenes at Newcastle...
7h ago from CaughtOffside.com
Comments
Hottest News
Vassuer clears the air around Ferrari's continues...
Ferrari team principal Fred Vasseur has pushed... Read More »
1h ago from F1Technical.net
F1 sprint race result up in the air as FIA announce late...
The result of the first of two races during the... Read More »
11h ago from GPFans.com
Max Verstappen would rather change setup, start British...
Max Verstappen had a very tough Saturday in... Read More »
4h ago from GrandPrix247.com
