News Details
Caterham enter administration
Administrators have taken full management control of Caterham, it was announced on Friday, as they seek new owners for the beleaguered outfit.Insolvency specialists Smith & Williamson closed the team factory in Leafield, Oxfordshire, on Thursday and it has now been confirmed that administrator Finbarr O'Connell has taken over the reins.The firm had already been working on behalf of the creditors of Caterham Sports Limited, the company which makes and supplies cars to 1MRT - the entity also known as Caterham F1 Team - which owns the licence to race in F1."This is a very cash-strapped team," O'Connell stressed on Friday. "I have been approached by people who are interested, so...
Full Story »
Full Story »
9y ago from SkySports.com
0
You May Also Be Interested In...
Caterham enters administration
The administrators have taken full management control of F1 team Caterham...
9y ago from SkySports.com
Caterham future uncertain amid ownership row
The future of Formula One outfit Caterham is in doubt as current owners...
9y ago from SuperSport.com
Caterham F1 buyer says Fernandes remains owner
Caterham F1 Team
Caterham's new buyer insists that it has adhered to all...
9y ago from F1Zone.net
Caterham set to miss F1 races in USA and Brazil
+ Caterham is set to miss the United States and Brazilian Grands Prix as...
9y ago from RichlandF1.com
Elsewhere On The Network
Popular On MGPToday.com
BMW 'looking closely' at a future MotoGP entry
No description available...
23h ago from Motorsport.com
Ducati announces Aldeguer signing for 2025, but not...
No description available...
17h ago from Motorsport.com
Aldeguer signs two-year MotoGP deal with Ducati for...
Fermín Aldeguer will make the step up to MotoGP in 2025, having agreed a...
17h ago from MotorsportWeek.c...
Bastianini says KTM "really close" to Ducati...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Lundqvist: CGR resources are ‘everything I could...
Linus Lundqvist is one of three rookies contesting the entirety of the...
17h ago from MotorsportWeek.c...
Why IndyCar's Nashville finale is a unique challenge...
No description available...
3d ago from Motorsport.com
Ilott keeps Arrow McLaren drive for $1m IndyCar race
No description available...
4d ago from Motorsport.com
Consistency a top priority for Ericsson at ‘up and...
As Marcus Ericsson enters his sixth year racing in the NTT IndyCar Series,...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kenjiro Shinozuka, 1948–2024
Kenjiro Shinozuka, the 1997 Paris–Dakar Rally victor and 2× World Rally...
12h ago from TheCheckeredFlag...
WRC and Dakar winner Kenjiro Shinozuka dies aged 75
No description available...
19h ago from Motorsport.com
Fourmaux: Adjusting to hybrid-less WRC cars will be a...
No description available...
2d ago from Motorsport.com
Audi could face 750,000 euro fine for exiting World...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
'I think they have gears left' - Michael Owen predicts...
No description available...
39m ago from SportsKeeda.com
Bayern Munich have joined Chelsea in the race to sign...
Along with Chelsea, German giants Bayern Munich are now interested in...
20m ago from CaughtOffside.com
Arsenal include Newcastle United star on summer...
Arsenal will prioritise the signing of a new striker in the summer...
10m ago from CaughtOffside.com
Arsenal and Tottenham target moves closer to £60m...
Pedro Neto is expected to have played his final game for Wolves, pushing...
1h ago from CaughtOffside.com
Comments
Hottest News
Chandhok suggests five driver changes to ‘inject life...
Former F1 driver turned television pundit Karun... Read More »
49m ago from MotorsportWeek.com
Ocon 'p****d off' by Verstappen F1 decision
Ocon and Verstappen have been rivals in racing... Read More »
1h ago from RacingNews365.com
Former F1 boss makes SHOCKING Verstappen declaration
A former Formula 1 team principal has made a... Read More »
1h ago from GPFans.com