News Details
Desperate Caterham F1 team seeks funds from fans
Administrators of the Caterham Formula One team announced a crowd funding initiative on Friday to try to raise £2.35 million ($3.72 million) by the end of next week so they can race in Abu Dhabi.
'If we don't hit the target by next Friday, obviously the pledged funds will be returned,' Finbarr O'Connell, the administrator representing Smith & Williamson, said in a statement.
'But right now we are hopeful for the future of the team and we are confident that the team showing the world that it can race again will lead to a bright future under a new owner on a proper financial footing,' added the ‘interim team principal'.
Caterham went into administration last month and have missed the...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
Caterham F1 team seeks funds from fans
Administrators of the Caterham Formula One team announced a crowdfunding...
11y ago from SuperSport.com
Caterham have two weeks to find a buyer
Caterham looking for a buyer
The Caterham Formula One team may have to be...
11y ago from GrandPrix247.com
Caterham hand out begging bowl to reach UAE
LONDON, Nov 07, 2014 (AFP) - Cash-strapped Caterham are pleading with...
11y ago from F1Plus.com
Caterham turns to crowd-funding to race in Abu Dhabi
Sutton Images Enlarge Administrators for the Caterham F1 team have...
11y ago from espnF1.com
Elsewhere On The Network
Popular On MGPToday.com
VR46 an option for Pedro Acosta, but priority is a...
No description available...
16h 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...
18h ago from MotorsportWeek.c...
Aprilia reveals 2026 MotoGP bike for Marco Bezzecchi...
No description available...
22h ago from Motorsport.com
Aprilia Racing presents 2026 MotoGP livery
Aprilia Racing kicked off 2026 by unveiling its newest MotoGP livery in...
21h 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...
14h ago from MotorsportWeek.c...
Grand Prix of Long Beach set for leadership change
No description available...
15h ago from Motorsport.com
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
16h ago from MotorsportWeek.c...
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026, Stage 11: Mattias Ekstrom leads Ford...
No description available...
21h 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
Competitive tension is no bad thing
Morning all, happy Friday to you. There's an early Mikel Arteta press...
2h ago from Arseblog.com
'I didn’t think he had it in him' - Jimmy Floyd...
Former Chelsea hitman Jimmy Floyd Hasselbaink has said that he had doubts...
14h ago from SportsKeeda.com
Berta eyes bold move, Arsenal poised to trump rivals...
Arsenal are very interested in signing the Rennes defender Jeremy Jacquet....
12h ago from CaughtOffside.com
Nottingham Forest vs Arsenal Prediction and Betting...
The Premier League is back in action with another round of matches this...
13h ago from SportsKeeda.com
Comments
Hottest News
Red Bull shrugs off legality fears over new F1 power unit
Red Bull Powertrains is staring down Formula... Read More »
1h ago from F1i.com
F1: Red Bull reveals 2026 livery
Red Bull has revealed its 2026 livery, the... Read More »
1h ago from Pitpass.com
Red Bull engine boss Ben Hodgkinson insists Ford are...
Red Bull dismissed talk their Formula 1... Read More »
1h ago from GrandPrix247.com
