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Caterham makes £75,000 profit from F1 crowdfunding

Caterham has revealed that it made a £75,000 profit on the crowdfunding which powered it to the final race of the season according to an article in the Independent by Christian Sylt.The revelation is sure to surprise some of the fans who gave money to the team so it could race in Abu Dhabi as it seems that some of it is still in the bank. Not that it will make a dent in the team's debts which stand at £16.2m.The revelation of Caterham's crowdfunding profits follows yesterday's news that a meeting of its creditors will take place today (Monday) to try and plot a path forward for the team.The fans who participated in the crowdfunding are not classed as creditors despite being...
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