News Details
Caterham threatens action against Fernandes
Caterham F1 Team
The situation at Caterham has taken another turn as new owners have threatened to take legal action against Tony Fernandes after they claimed that the shares have not been transferred.
It was announced in July that Fernandes was selling his squad to a group of Swiss and Middle Eastern investors but the new owners claim that the current situation, in which administrators have been called, has had a 'devastating effect' on the Formula 1 team.
Caterham released a statement late on Wednesday to clarify the situation at the Leafield-based squad.
"On 29 June 2014, Caterham Enterprises Ltd, Caterham (UK) Ltd and Sheikh Mohamed Nasarudin (Seller) and their shareholders Tony...
Full Story »
Full Story »
11y ago from F1Zone.net
0
You May Also Be Interested In...
Fernandes sells Caterham GP2 team
Tony Fernandes
Malaysian entrepreneur Tony Fernandes has completed his...
11y ago from GrandPrix247.com
Tony Fernandes sells Caterham GP2 outfit to Status GP
Tony Fernandes sells Caterham GP2 outfit to Status GPPosted On 17 Oct...
11y ago from ThisIsF1.com
Fernandes sells Caterham GP2 team
Fernandes has completed his exit from top open-wheeler racing by selling...
11y ago from GrandPrix.com
Caterham F1 owners unable to fund company
The current owners of Caterham “have been unable to fund” a company...
11y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
VR46 an option for Pedro Acosta, but priority is a...
No description available...
14h ago from Motorsport.com
Can Aprilia dethrone Ducati in the 2026 MotoGP title...
The conclusion of the 2025 MotoGP season saw an unprecedented level of...
17h ago from MotorsportWeek.c...
Aprilia reveals 2026 MotoGP bike for Marco Bezzecchi...
No description available...
20h ago from Motorsport.com
Aprilia Racing presents 2026 MotoGP livery
Aprilia Racing kicked off 2026 by unveiling its newest MotoGP livery in...
20h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Long Beach to bring in new leadership for iconic event
Organizers of the annual Grand Prix of Long Beach event have announced...
12h ago from MotorsportWeek.c...
Grand Prix of Long Beach set for leadership change
No description available...
13h ago from Motorsport.com
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
14h ago from MotorsportWeek.c...
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026, Stage 11: Mattias Ekstrom leads Ford...
No description available...
19h ago from Motorsport.com
Dakar 2026, Stage 10: Mathieu Serradori wins as Nasser...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Competitive tension is no bad thing
Morning all, happy Friday to you. There's an early Mikel Arteta press...
1h ago from Arseblog.com
'I didn’t think he had it in him' - Jimmy Floyd...
Former Chelsea hitman Jimmy Floyd Hasselbaink has said that he had doubts...
12h ago from SportsKeeda.com
Berta eyes bold move, Arsenal poised to trump rivals...
Arsenal are very interested in signing the Rennes defender Jeremy Jacquet....
11h ago from CaughtOffside.com
Nottingham Forest vs Arsenal Prediction and Betting...
The Premier League is back in action with another round of matches this...
12h ago from SportsKeeda.com
Comments
Hottest News
In photos: Racing Bulls reveal modified F1 2026 livery
Racing Bulls has become the first team to show... Read More »
3h ago from RacingNews365.com
Red Bull issues confident rejection of 2026 F1 car...
Red Bull Powertrains chief Ben Hodgkinson has... Read More »
1h ago from MotorsportWeek.com
Red Bull pulls cover off 2026 F1 livery in glitzy Detroit...
Red Bull has become the first F1 team to pull... Read More »
3h ago from MotorsportWeek.com
