News Details

Caterham Confirm Team Take-Over Deal Completed

The Caterham F1 Team have confirmed that Tony Fernandes and his partners have sold the team to a team of Swiss and Middle Eastern investors, who have been advised by former Formula One team principal Colin Kolles. The change of ownership starts with immediate effect, with former Minardi, Midland and Spyker driver Christijan Albers taking over the day-to-day running of the team from Cyril Abiteboul, who has left the team for other challenges. Manfred Ravetto will assist Albers in the role. Dutchman Albers, who scored a best finish of fifth in the infamous United States Grand Prix of 2005 and raced in 45 Grand Prix, knows the challenge ahead of him is going to be hard, but has immediately...
Full Story »
Share

You May Also Be Interested In...

Fernandes has sold Caterham with immediate effect

New era for Caterham Caterham F1 Team have confirmed that Tony Fernandes...
2y ago from GrandPrix247.com

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

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

Fernandes sells Caterham F1 Team

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

Albers to become team principal as Fernandes sells...

Caterham F1 Team has confirmed that Tony Fernandes and his partners have...
2y ago from F1Technical.net

Elsewhere On The Network

Popular On MGPToday.com

WorldSBK and BSB now available on Amazon, MotoGP next?

Amazon will now broadcast Eurosport and ITV content, and is in the running...
1d ago from BikeSportNews.com

‘Nicky will be missed by all of us’ - Wayne...

Rainey says Nicky Hayden will be remembered for his work ethic, his...
2d ago from BikeSportNews.com

MotoGP Le Mans: Last-lap crash a mystery for Rossi

Rossi is mystified by the last-lap crash which saw him lose at least 20...
3d ago from BikeSportNews.com

Hayden in critical condition after collision with car...

Ex MotoGP world champion and current Honda World Superbike factory rider...
1w ago from MotoGPFanatic.com

Popular On IndyCarToday.com

Photos: IndyCar's universal 2018 body kit

No description available...
5h ago from GPUpdate.net

IndyCar releases new images of '18 aero

IndyCar’s 2018 universal bodywork is “99 percent” finished...
17h ago from Racer.com

IndyCar reveals new 2018 concept images

ganisers have released several fresh, rendered images of the car that will...
5h ago from GPUpdate.net

Popular On TotalWRC.com

Carlos Sainz drives Rally Portugal's Fafe stage with...

Two-time World Rally Champion Spaniard back at the wheel of a rally car on...
23h ago from TheCheckeredFlag...

2017 Vodafone Rally de Portugal – Analysis:...

Sebastian Ogier used all his skill and guile to take an intelligent win in...
23h ago from TheCheckeredFlag...

Vodafone Rally de Portugal: Debrief part 2

Vodafone Rally de Portugal:Debrief part 2 First in a run of four European...
22h ago from WRC.com

Stomach bug floors Latvala

Finn twice visited hospital with severe stomach upset
17m ago from WRC.com

Popular On GunnersToday.com

FA Cup final: Arsenal ace highlights another fitness...

Arsenal take on Chelsea at Wembley this weekend with the Gunners looking...
57m ago from Express.co.uk

England squad: Gareth Southgate axes Wayne Rooney

AYNE ROONEY has been left out of Gareth Southgate's England squad for...
1h ago from DailyStar.co.uk

Welbeck hoping for FA Cup respite

al's Danny Welbeck wants to win the FA Cup to bring some glory to a...
1h ago from ESPNFC.co.uk

Comments

Hottest News

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.