News Details
Caterham buyer insists they've met all obligations
Caterham's new management team insist they have honoured all agreements with Tony Fernandes to take control of the outfit, following the latter's suggestion they hadn't paid for his shares. Fernandes wrote on Twitter: "If you buy something you should pay for it. Quite simple." Engavest SA, the company behind the deal to take over the team, denied the allegations in a statement released on Thursday. "On 29 June 2014 Engavest SA signed a Sale and Purchase Agreement with Tony Fernandes and the Caterham Group to acquire the shares of 1Malaysia Racing Team/Caterham F1. "Engavest SA has fulfilled all the conditions precedent, including paying the purchase price for the...
Full Story »
Full Story »
11y ago from TheF1Times.com
0
You May Also Be Interested In...
Caterham F1 buyer says Fernandes remains owner
Caterham F1 Team
Caterham's new buyer insists that it has adhered to all...
11y ago from F1Zone.net
Caterham bosses threaten to quit Formula 1 as it...
Caterham's new 'owners' have threatened to quit the team and the sport...
11y ago from TheF1Times.com
Caterham threatens action against Fernandes
Caterham F1 Team
The situation at Caterham has taken another turn as new...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Aprilia reveals 2026 MotoGP bike for Marco Bezzecchi...
No description available...
2h ago from Motorsport.com
Aprilia Racing presents 2026 MotoGP livery
Aprilia Racing kicked off 2026 by unveiling its newest MotoGP livery in...
2h ago from MotorsportWeek.c...
Valentino Rossi’s VR46 team launches 2026 MotoGP...
No description available...
1d ago from Motorsport.com
VR46 boss defends Franco Morbidelli after...
VR46 Ducati Team Manager Pablo Nieto has defended Franco Morbidelli...
23h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
20h ago from Motorsport.com
Escotto confirmed by Juncos Hollinger Racing for 2026...
No description available...
1d ago from Motorsport.com
Ranking IndyCar’s rising stars to watch in 2026
No description available...
4d ago from Motorsport.com
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Dakar 2026, Stage 11: Mattias Ekstrom leads Ford...
No description available...
2h 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
Arsenal latest: 'Tired of empty pockets' - Saliba...
No description available...
34m ago from SkySports.com
Arsenal’s power statement shows this time they have...
st-leg victory at Stamford Bridge displayed the hallmarks of another...
14m ago from TheGuardian.com
“My pocket was empty the last year” - Arsenal...
Arsenal defender William Saliba said he is ‘tired’ of finishing the...
2h ago from SportsKeeda.com
Paul Merson predicts Manchester United vs Manchester...
Arsenal failed to win against Liverpool last time out in the Premier...
14m ago from SportsKeeda.com
Comments
Hottest News
‘It’s all nonsense’: Former F1 insider slams Perez's...
The checkered flag may have dropped on Sergio... Read More »
54m ago from F1i.com
FIA to provide major F1 exemption ahead of pre-season...
It has been reported that a fuel exemption has... Read More »
34m ago from RacingNews365.com
Lewis Hamilton F1 boost after rumours of Ferrari chaos
Rejoice, praise whatever deity you favour, jump... Read More »
1h ago from GPFans.com
