News Details

Caterham F1 confirms change of ownership

Caterham F1 Team is under new ownership after Tony Fernandes sold his interest following uncertainty over the team's future. The Leafield-based squad confirmed that Fernandes and his partners have sold the operation to a consortium of Swiss and Middle Eastern investors, advised by former F1 team principal Colin Kolles. Under the terms of the sale, the team will continue to race as Caterham F1 Team and will remain based at Leafield for the foreseeable future. The new ownership takes charge with immediate effect. Former Dutch F1 driver Christijan Albers will take over the day-to-day running of the team, assisted by Manfredi Ravetto and reporting directly to the board. He replaces former team...
Full Story »
2y ago from Crash.net 0
Share

You May Also Be Interested In...

Fernandes sells Caterham F1 Team

– Tony Fernandes and his partners have sold the Caterham F1 Team to...
2y ago from GPUpdate.net

Caterham confirms new management structure

Caterham F1 Team Caterham has confirmed that Tony Fernandes and his...
2y ago from F1Zone.net

Official: Caterham sold to Swiss and Middle Eastern...

Following days of speculation resulting from Tony Fernandes mysterious...
2y ago from Pitpass.com

Caterham boss Fernandes admits 'F1 hasn't worked'

Caterham owner Tony Fernandes has once again reignited speculation that he...
2y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

Rossi: Vinales will give me the same problems as...

Valentino Rossi admits that Maverick Vinales' speed in his first MotoGP...
2d ago from Motorsport.com

Carlo Pernat: Impressive Vinales is Lorenzo’s riding...

MotoGP powerbroker Carlo Pernat assesses the class rookies and those rider...
2d ago from BikeSportNews.com

Marquez: "This year the pressure made me feel...

Marc Marquez admits the pressure he faced this year on the way to his...
3d ago from Motorsport.com

Pedrosa signed up by Wasserman management group

Sports management company Wasserman has announced that from now on it will...
2d ago from Motorsport.com

Popular On IndyCarToday.com

Rick Mears – still the ultimate pro at 65

For all race fans in the 30-70+ age range, it’s time to get nostalgic...
1h ago from Motorsport.com

Sato makes Andretti Autosport switch for 2017

Takuma Sato will remain in the Verizon IndyCar Series for 2017 after the...
12h ago from TheCheckeredFlag...

IndyCar weekend formats set to change in 2017

The Verizon IndyCar Series is aiming to introduce a more consistent...
21h ago from Motorsport.com

Andretti Autosport confirms Sato for 2017

Takuma Sato will replace Carlos Munoz in the #26 Andretti Autosport-Honda...
1d ago from Motorsport.com

Popular On TotalWRC.com

Ogier "cannot guarantee" WRC 2017...

Four-time WRC champion Sebastien Ogier says his participation in the 2017...
12h ago from Motorsport.com

WRC champions crowned at prize giving ceremony

Advertising Stars of the WRC joined winners from all FIA championships to...
10h ago from WRC.com

Hansen named 2016 Rookie of the Year at FIA Gala

Peugeot-backed driver Kevin Hansen was named as the Rookie of the Year at...
14h ago from Motorsport.com

Hyundai unveils its 2017 WRC challenger

Hyundai has become the first team to reveal the 2017-spec car it will...
2d ago from Motorsport.com

Popular On GunnersToday.com

Arsenal's Theo Walcott sets new Guinness world record

Arsenal's Theo Walcott seemed more elated over the birth of his son than...
2h ago from ESPNFC.co.uk

Wenger confirms Cazorla absence

e Wenger has spoken out about Santi Cazorla's injury ahead of Arsenal's...
2h ago from ESPNFC.co.uk

Five things we learned as Arsenal run riot over West...

Five things we learned about Arsenal from their clash with West Ham Sat,...
2h ago from Express.co.uk

Prem: Fletcher chance -- West Ham (55')

sh Premier League: Ashley Fletcher (55') West Ham 0-1 Arsenal
2h ago from ESPNFC.co.uk

Comments

Hottest News

Ecclestone offers views on Hamilton’s future team-mate

Formula One supremo Bernie Ecclestone has weighed... Read More »
4h ago from F1i.com

Lauda: "Half of the grid" has offered to replace...

After winning his maiden F1 title in Abu Dhabi... Read More »
8h ago from Motorsport.com

'Hamilton made Rosberg quit'

The intense pressure of Lewis Hamilton forced... Read More »
11h ago from SkySports.com

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.