+ The administrators of the Caterham F1 Team say that they have spoken to several parties interested in saving the cash-strapped squad. The Leafield-based outfit entered administration last week and will miss this weekend’s United States Grand Prix in Austin, but Smith & Williamson say that they remain confident that a buyer can still be found for the team. “We remain in conversation with a number of credible, interested parties regarding the sale of the historic Caterham F1 racing team,” read a statement issued by the administrators on Friday. “Our current strategy is to seek a buyer that will allow the team to compete in the final race of the season in Abu Dhabi on 23 November...
Full Story »