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 »
10y 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...
10y 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...
10y ago from TheF1Times.com
Caterham threatens action against Fernandes
Caterham F1 Team
The situation at Caterham has taken another turn as new...
10y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Czech GP: Francesco Bagnaia questions his...
No description available...
14h ago from Motorsport.com
Marc Marquez leads the way in second Brno MotoGP...
The complex interchangeable conditions sees Marc Marquez lead the field...
18h ago from MotorsportWeek.c...
How Jorge Martin's first day back with Aprilia in...
No description available...
15h ago from Motorsport.com
Alex Marquez scrapes into Q2 at MotoGP Czech Grand...
No description available...
15h ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood tops opening IndyCar practice on slick...
IndyCar travels north of the Canadian border this weekend to tackle the...
12h ago from MotorsportWeek.c...
Arrow McLaren's Nolan Siegel cleared to race in Toronto
No description available...
1d ago from Motorsport.com
Kyle Kirkwood says people should appreciate Alex...
No description available...
1d ago from Motorsport.com
Taylor Barnard rejected McLaren IndyCar and WEC offers...
Taylor Barnard has turned down the chance to race for Arrow McLaren in...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rally Estonia leader Oliver Solberg hit with suspended...
No description available...
13m ago from Motorsport.com
Sensational Solberg leads Rally Estonia!
It may be just a one-off outing in Toyota Gazoo Racing’s GR Yaris...
14h ago from MotorsportWeek.c...
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
12h ago from Motorsport.com
Oliver Solberg continues dream Rally1 return to extend...
No description available...
15h ago from Motorsport.com
Popular On GunnersToday.com
Sources: 60m star's agents have 'begun talks' with...
The agents of RB Leipzig attacking midfielder Xavi Simons have begun talks...
1h ago from CaughtOffside.com
Are Arsenal finally signing Viktor Gyökeres? It’s...
Swedish striker has become more meme than man but he is the very good...
1h ago from TheGuardian.com
'I'm told…' – Journalist claims two...
Noni Madueke's transfer to Arsenal is now official, and it seems Mikel...
1h ago from CaughtOffside.com
Arsenal accidentally confirm next signing during Noni...
Arsenal appear to have accidentally confirmed the arrival of Cristhian...
2h ago from SportsKeeda.com
Comments
Hottest News
McLaren boss admits 'scary' reality of star driver transfer
McLaren F1 boss Zak Brown has responded to the... Read More »
53m ago from GPFans.com
Lewis Hamilton confirms worst-case scenario at Ferrari
Lewis Hamilton has confirmed that he is enduring... Read More »
1h ago from GPFans.com
Carlos Sainz: Williams rebuild has brought ‘highest...
Carlos Sainz has admitted that the demands of... Read More »
1h ago from MotorsportWeek.com
