– Caterham owner Tony Fernandes has described 2014 as "the final chance" for the team to make progress, admitting that another year at the back of the grid could lead to him pulling the plug on the operation. Having entered the sport as Lotus Racing back in 2010, Fernandes' outfit has been unable to record a points finish over four campaigns, and it crucially lost out to Marussia in the battle for 10th position last season. Allied to ever-rising costs, Fernandes says the upcoming term is a vital one for the future of the squad. "My message to everyone is we have to go for it this year," said Fernandes, addressing staff members after the announcement of 2014...
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