News Details
Insolvency experts try to save Caterham F1 team
Insolvency specialists have been handed full management responsibility at the financially troubled Caterham Formula One team in a bid to find a buyer. Administrators closed the team factory in the English county of Oxfordshire, on Thursday, and have been placed in charge of the team. Caterham said in a statement that the management was handed over 'in the higher interest of allowing the team to continue operating and preparing for the next events.' Administrator Finnbarr O'Connell says 'this is a very cash-strapped team.' The past and present owners of Caterham have been engaged in a dispute over the last week leading up to Friday's announcement. Malaysian entrepreneur Tony Fernandes says...
Full Story »
Full Story »
11y ago from F1Pulse.com
0
You May Also Be Interested In...
Caterham: Administrator 'reaching out'
The administrator handed responsibility for the Caterham F1 team has said...
11y ago from SkySports.com
Management of Caterham F1 team handed to administrator
Caterham has announced that management of the Caterham team has been...
11y ago from Pitpass.com
Caterham team is Fernandes' responsibility, say buyers
Getty Images Enlarge The group of investors that have been running...
11y ago from espnF1.com
Caterham handed over to administrators
– Caterham's management has decided to step back and hand-over the...
11y ago from GPUpdate.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
Aprilia reveals 2026 MotoGP bike for Marco Bezzecchi...
No description available...
1d 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...
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
