News Details

Caterham confirms new management structure

Caterham F1 Team Caterham has confirmed that Tony Fernandes and his partners have sold the team to a consortium of Swiss and Middle Eastern investors, advised by former Formula 1 team principal Colin Kolles. Fernandes entered the sport at the start of 2010 but has now departed the set-up, along with team principal Cyril Abiteboul. Christijan Albers, who raced in Formula 1 between 2005 and 2007, will take over day-to-day running of the team from Abiteboul, assisted by Manfredi Ravetto. The identity of the new investors has not been revealed. The new owners have targeted 10th place in this year's championship. "We are aware of the huge challenge ahead of us given the fight at the bottom...
Full Story »
3y ago from F1Zone.net 0
Share

You May Also Be Interested In...

Caterham silent on Albers CEO rumours

– Caterham have refused to comment on reports that former Formula 1...
3y ago from GPUpdate.net

Fernandes on verge of confirming Caterham F1 sale

Tony Fernandes Ever since team founder and principal backer Tony...
3y ago from GrandPrix247.com

Kolles appoints Albers as new Caterham boss

Colin Kolles with Christijan Albers Dutchman Christijan Albers, a former...
3y ago from GrandPrix247.com

Fernandes to confirm Caterham team sale this week

Ever since team founder and main backer Tony Fernandes departed Twitter...
3y ago from GrandPrix.com

Elsewhere On The Network

Popular On MGPToday.com

Jerez MotoGP test: Wednesday times and results

Times and results from Wednesday's MotoGP test at Jerez
2h ago from BikeSportNews.com

Valencia MotoGP test: Yamaha have a lot of work do,...

Rossi believes Yamaha have got to come up with something new to fix their...
6d ago from BikeSportNews.com

Redding ‘expected easier switch’ to Aprilia at...

Redding spent two days getting used to Aprilia's MotoGP RS-GP but admits...
5d ago from BikeSportNews.com

Valencia MotoGP test: 2018 RC213V ‘special'...

Crutchlow, Marquez and Pedrosa got a brand new RC213V for the Valencia...
1w ago from BikeSportNews.com

Popular On IndyCarToday.com

The Week in IndyCar, Nov. 22, with Michael Shank

Michael Shank joins Marshall Pruett as guest host of the #WeekinIndyCar...
3h ago from Racer.com

Robin Miller's Mailbag for November 22, presented by...

Page 1 of 4 Welcome to the Robin Miller Mailbag as presented by Honda...
10h ago from Racer.com

Penske inks extension for Pagenaud sponsor DXC...

The black, white, and silver colors of DXC Technology will remain on...
1d ago from Racer.com

Patrick to close career with Daytona, Indy in 2018

Danica Patrick broke down in tears as she confirmed 2017 was her last...
4d ago from Racer.com

Popular On TotalWRC.com

Citroen explains why Ogier talks failed

Citroen says it could not match Sebastien Ogier's other offers for the...
6h ago from EuroSport.com

Australia debrief: Part One

Australia debrief: Part One WRC Gala Awards complete, we rewind to last...
3h ago from WRC.com

Tanak admits he lost title shot chasing wins

Toyota-bound M-Sport driver Ott Tanak has admitted focusing too much on...
2d ago from EuroSport.com

Double top for Tänak!

Double top for Tänak! Ott Tänak rounded off his most successful WRC...
2d ago from WRC.com

Popular On GunnersToday.com

Arsenal news: Danny Welbeck can do damage for England...

GETTY Danny Welbeck can still be a dangerous weapon for England - Arsene...
1h ago from Express.co.uk

Football Manager 2018: The 20 best transfer listed...

Football Manager 2018: The 20 best transfer listed players to sign in the...
2h ago from DailyStar.co.uk

Football transfer rumours: Arsenal to sign Leon...

After a busman’s holiday to Gelsenkirchen proved so fruitful in landing...
34m ago from TheGuardian.com

Time to take advantage of Europa League freshness

Arsenal travel to Cologne today, for our fifth Europa League game of the...
12h ago from Arseblog.com

Comments

Hottest News

Lewis Hamilton gets mentioned in budget speech

Chancellor of the Exchequer Philip Hammond makes... Read More »
3h ago from Pitpass.com

Fun filled press conference for season finale

Lewis Hamilton joins Sebastian Vettel for final... Read More »
8h ago from Pitpass.com

Lowe explains challenges faced at Williams for F1 turnaround

Williams Chief Technical Officer Paddy Lowe has... Read More »
3h ago from Crash.net

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.