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Caterham in talks with three buyers

Caterham's administrator says talks are ongoing with 'three interested parties' as they look to get the team on the Formula 1 grid next season. The team went into administration in October and made 230 staff redundant. Joint administrator Henry Shinners told BBC Sport: 'We want to give the team every chance of surviving so we are not setting a deadline.' However, testing for the new season begins on 1 February with the first race on 15 March in Australia. Shinners, of London firm Smith & Williamson, conceded that as some staff who were made redundant have gone on to find new jobs, the risk of buying the team is 'increasing'. Caterham in Formula 1 Debut: 2010 (as Lotus Racing) Points: 0...
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9y ago from BBC.co.uk 0
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