News Details
Caterham under administrator
The administrators have taken full management control of F1 team Caterham who are desperately seeking a new owner.Insolvency specialists Smith & Williamson closed the team factory in Leafield, Oxfordshire, on Thursday with administrator Finnbarr O'Connell taking over the reins.The firm had already been working on behalf of the creditors of Caterham Sports Ltd, a company which makes and supplies cars to 1MRT, the entity which owns the licence to race in Formula One.O'Connell said on Friday: "This is a very cash-strapped team."I have been approached by people who are interested, so my immediate position is to further the negotiations with them as quickly as possible in order that...
Full Story »
Full Story »
10y ago from SkySports.com
0
You May Also Be Interested In...
Caterham staff locked out of factory
Caterham F1 Team
Caterham staff have been locked out of the team's...
10y ago from F1Zone.net
Management of Caterham F1 team handed to administrator
Caterham has announced that management of the Caterham team has been...
10y ago from Pitpass.com
Caterham hands over to administrators
Caterham F1 Team
Caterham F1 Team has confirmed that it has handed over...
10y ago from F1Zone.net
Administrator takes control at Caterham
In the latest chapter of the Caterham saga, the running of the F1 team...
10y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
How three different problems plagued Ducati's Czech GP...
No description available...
5h ago from Motorsport.com
Marc Marquez wins Brno MotoGP Sprint race
Marc Marquez continued his Saturday afternoon dominance with another...
9h ago from MotorsportWeek.c...
Enea Bastianini delighted with "emotional"...
No description available...
6h ago from Motorsport.com
MotoGP: Takaaki Nakagami injured, out of Czech GP...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Toronto – Qualifying Results
A knockout qualifying session for the NTT IndyCar Series took place on...
2h ago from MotorsportWeek.c...
Colton Herta hauls in IndyCar pole in Toronto
IndyCar completed a busy qualifying session on the streets of Toronto...
2h ago from MotorsportWeek.c...
Andretti tops Team Penske in IndyCar’s second...
IndyCar took to the streets of Toronto on Saturday morning, turning...
7h ago from MotorsportWeek.c...
Kyle Kirkwood tops opening IndyCar practice on slick...
IndyCar travels north of the Canadian border this weekend to tackle the...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
SuperSwede Solberg in command on Rally Estonia
Oliver Solberg continued his domination of WRC Delfi Rally Estonia on...
4h ago from MotorsportWeek.c...
WRC: Oliver Solberg still leading after Saturday Rally...
No description available...
3h ago from Motorsport.com
Rally Estonia leader Oliver Solberg hit with suspended...
No description available...
14h ago from Motorsport.com
Oliver Solberg almost doubles Rally Estonia lead as...
No description available...
12h ago from Motorsport.com
Popular On GunnersToday.com
'Protect your ankles, we are enemies now' - Chelsea...
Chelsea defender Wesley Fofana has sent a message to former teammate Noni...
5h ago from SportsKeeda.com
“It’s been good. It’s got to be better!” -...
Arsenal legend Thierry Henry has delivered his verdict on the performance...
6h ago from SportsKeeda.com
Report: Five players Chelsea could use in a deal to...
Chelsea remain interested in signing Morgan Rogers from Aston Villa, and...
11h ago from CaughtOffside.com
£20m asking price set: Chelsea star put up for sale...
Chelsea winger Raheem Sterling is reportedly up for sale for just £20m...
10h ago from CaughtOffside.com
Comments
Hottest News
Fans call for driver to be arrested after FLIPPING rival in...
You thought Max Verstappen completely lost his... Read More »
2h ago from GPFans.com
'Angry' Christian Horner phone call revealed as Red Bull F1...
Christian Horner’s priorities have been... Read More »
5h ago from GPFans.com
MotoGP: Martin happy that he will 'continue with Aprilia'...
Having confirmed in a press conference in Brno... Read More »
1h ago from F1Technical.net
