News Details

Caterham F1 given two weeks to find new buyer

Administrators in control of the Caterham F1 team say the squad could be wound up if a buyer is not secured in the next two weeks. The troubled British team’s future remains in doubt after being placed into administration last week, following the collapse of company Caterham Sports Limited, which sparked an ownership dispute. The move has seen the backmarker squad seek special dispensation from F1 boss Bernie Ecclestone to miss the next two races, including this weekend’s United States Grand Prix at Austin. London firm of administrators Smith and Williamson in charge of the team, which currently employs 200 staff, has told Sky Sports F1 that talks are ongoing with 12 potential buyers...
Full Story »
9y ago from SpeedCafe.com 0
Share

You May Also Be Interested In...

Caterham has two weeks to find buyer

Caterham's administrators say the team will likely be wound up if a buyer...
9y ago from espnF1.com

Two-week deadline for Caterham

Caterham's administrators have said the team will probably be wound up in...
9y ago from SkySports.com

Caterham hands over to administrators

Caterham F1 Team Caterham F1 Team has confirmed that it has handed over...
9y ago from F1Zone.net

Caterham administrators in contact with potential...

+ The administrators of the Caterham F1 Team say that they have spoken to...
9y ago from RichlandF1.com

Elsewhere On The Network

Popular On MGPToday.com

Acosta: 2024 MotoGP title ‘not the priority' in...

MotoGP rookie Pedro Acosta has outlined that fighting for the 2024 title...
12h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

IndyCar's new Aeroscreen makes early debut at Long...

The NTT IndyCar Series will have teams fit a new version of the Aeroscreen...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal to revive interest in Premier League...

Arsenal are reportedly considering a renewed effort to sign Aston Villa's...
1h ago from SportsMole.co.uk

Martin Keown accuses Bukayo Saka and Arsenal of...

Former Arsenal player Martin Keown has criticised Bukayo Saka and his...
2h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.