News Details
Fernandes pins blame for Caterham trouble on buyers
Sutton Images Enlarge Tony Fernandes has hit out at the new owners of the Caterham F1 team, accusing them of not fulfilling their side of the deal when he sold the team to them earlier this year. At the end of June, Fernandes agreed a deal with a consortium of Swiss and Middle Eastern investors known as Engavest to take over control of the team. In the past month the team has hit serious financial trouble and the manufacturing arm of the outfit, Caterham Sports Limited, has now gone into administration. On Thursday Engavest distanced itself from the team and its financial liabilities, claiming they were now Fernandes responsibility as he had not transferred the shares in the team as...
Full Story »
Full Story »
11y ago from espnF1.com
0
You May Also Be Interested In...
Fernandes: Caterham F1 buyers to blame
Tony Fernandes says Caterham F1 Team's buyers - Engavest SA - have failed...
11y ago from Crash.net
Fernandes sells Caterham GP2 team
Tony Fernandes
Malaysian entrepreneur Tony Fernandes has completed his...
11y ago from GrandPrix247.com
If you buy something, you pay for it - Fernandes
Tony Fernandes has hit back at a statement from the Caterham F1 Team which...
11y ago from TheF1Times.com
Fernandes blames buyers for Caterham situation
Caterham F1 Team
Tony Fernandes says Caterham Formula 1 team buyers...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Honda completes another test with 2027 bike as Ducati...
No description available...
8h ago from Motorsport.com
Jorge Martin: Aprilia signed me to win the title,...
No description available...
11h 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...
1d ago from MotorsportWeek.c...
Aprilia reveals 2026 MotoGP bike for Marco Bezzecchi...
No description available...
1d ago from Motorsport.com
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...
1d ago from MotorsportWeek.c...
Grand Prix of Long Beach set for leadership change
No description available...
1d ago from Motorsport.com
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
1d ago from MotorsportWeek.c...
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Ford's Nani Roma survives late crash and fuel drama to...
No description available...
8h ago from Motorsport.com
Dakar 2026, Stage 13: Nasser Al-Attiyah wins to extend...
No description available...
14h ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta gives intriguing response to question...
Arsenal manager Mikel Arteta has spoken out on the reported addition...
3h ago from CaughtOffside.com
White Unlikely To Depart But Will Arsenal Strengthen...
With us now a few weeks into the New Year, the January transfer window has...
6h ago from FreshArsenal.com
Premier League news: Arteta plays down Rice’s tunnel...
No description available...
7h ago from TheGuardian.com
Here we go: Arsenal & Liverpool transfer target...
Manchester City reportedly look to be closing in on the £20m transfer of...
11h ago from CaughtOffside.com
Comments
Hottest News
Cadillac completes 'emotional' shakedown at Silverstone
As the countdown to pre-season testing... Read More »
4h ago from MotorsportWeek.com
F1: Cadillac hits the track
Cadillac was in action at Silverstone today, as... Read More »
5h ago from Pitpass.com
Red Bull 'on the limit' of F1 rules after Mercedes 'trick...
Red Bull's power unit boss Ben Hodgkinson has... Read More »
14h ago from RacingNews365.com
