Formula One supremo Bernie Ecclestone has given special dispensation to Caterham to miss the next two grands prix whilst a buyer is sought for the cash-strapped marque.
Crisis deepens for British team as they suspend racing and car parts are put up for sale on Twitter
Administrators to use time to find a buyer for F1 team Caterham hope to be back on the grid for Abu Dhabi Caterham threaten former owner with legal action …
Administrators to use time to find a buyer for F1 team Caterham hope to be back on the grid for Abu Dhabi Caterham threaten former owner with …
Caterham have been given permission to miss the upcoming two races in Austin and Brazil while a buyer is sought for the cash-strapped team.
Formula 1 boss Bernie Ecclestone will allow Caterham to miss the next two Formula 1 grands prix to focus on finding a buyer.
Caterham are set to miss the US and Brazilian Grands Prix after the administrators now running the squad revealed that Bernie Ecclestone has given permission for it to sit out the next two rounds of the F1 championship. This morning the management team led by Colin Kolles stepped back from running the team and handed […]
Caterham have been given special dispensation by Bernie Ecclestone to miss the next two races in the USA and Brazil after it fell under the control of administrators on Friday
The Administrators from Smith & Williamson are planning to take over ownership of 1MRT in addition to acting as administrator for Caterham Sports Limited. This offers the potential for the team – or what is left of it – to race again this season. The news has been reported as Bernie Ecclestone allowing the team […]
The Administrators from Smith & Williamson are planning to take over ownership of 1MRT in addition to acting as administrator for Caterham Sports Limited. This offers the potential for the team – or what is left of it – to race again this season Finbarr O’Connell and Henry Shinners of Smith & Williamson, the accountancy […]
The administrators for Caterham Sports, who have now taken control of Caterham F1, say that they have been given permission by Bernie Ecclestone for the team to miss the US and Brazilian GPs while a buyer is sought. The administrators … Continue reading →
The future of over 200 staff locked out however appears fraught unless Tony Fernandes can be enticed back to take over once again
Caterham is now almost certain to miss the United States and Brazilian Grands Prix as its administrators focus on finding a new buyer for the Formula 1 team
Administrators have taken full management control of Caterham, it was announced on Friday, as they seek new owners for the beleaguered outfit.
The administrators have taken full management control of F1 team Caterham who are desperately seeking a new owner.
Administators cast further doubt on Caterham’s participation in the US Grand Prix after taking control of the team.
Caterham F1 Team is now in the hands of administrators in attempt to allow the team to see out the season
The administrator overseeing the crisis at Caterham fears the team will not be competing in next weekend’s United States Grand Prix.
In a shock development, the Caterham F1 team has announced that the consortium behind the takeover of the Leafield squad has handed back control of the F1 team to the administrator of Caterham Sports Limited to allow it to prepare and continue operating at the “next events.” The announcement comes less than 24 hours before the Caterham cars […]
The latest statement from Caterham F1 says that the team is now being run by the administrator of Caterham Sports, and confirms that the intention is to carry on competing. The team has to send its cars and equipment to … Continue reading →
Bailiffs post photos of for sale tyres and steering wheels just hours after crisis-stricken team admits they may not make it to Texas for GP on Nov 2
The Caterham Formula 1 team is now effectively being run by administrators, after its current management team agreed to step back
Gates at the teams Leafield factory locked for second day Finbarr OConnell has doubts over team competing in US Caterhams F1 future in doubt as Tony Fernandes …
Gates at the teams Leafield factory locked for second day Finbarr OConnell: its very important to us they race Caterhams F1 future in doubt as Tony Fernandes hits backThe …
In her latest column for Crash.net, Kate Walker trawls through the mess at Caterham to identify who Engavest SA is, and who is working for the team’s buyers
The two parties in the Caterham debacle are now throwing accusations at one another, while by blocking the team from using the cars the administrator is basically destroying what little value is left. The assets of the company will be sold and whoever owns the 1MRT franchise at that point could buy them for next […]
The administrator handed responsibility for the Caterham F1 team has said he is doing all he can to ensure their participation in next weekend’s United States Grand Prix.
Caterham F1’s buyers Engavest have refuted Tony Fernandes’ claims that purchase obligations were not met, and has stated its “total contempt” for Fernandes and Caterham Group executives
The war of words between Tony Fernandes and the investment company that tried to buy the team continues as the chances of the team making the US Grand Prix next week look increasingly slim
QPR owner says consortium did not honour obligations Administrators lock out more than 200 factory staff Caterham threaten former owner Fernandes with legal actionThe Caterham Formula One teams …
Today saw F1′s “battle of the press releases”, with the old owners of Caterham (Tony Fernandes and Caterham Group) and the new owners (Engavest SA), slinging mud at each other over who owns what and who’s responsible for the current mess over Caterham Sport going into administration with debts of £12-15 million. Engavest argues that […]
Tony Fernandes has now responded to the suggestion that the Caterham Group has failed to sign over the shares in Caterham Sport Ltd. This is rather more than yesterday’s Twitter remark, but it does little to clear up the situation. “In June 2014, I decided, together with my co-shareholders, to sell my stake in the Caterham F1 […]
Caterham F1 founder Tony Fernandes has hit back at claims made by the operators of the Leafield team over the sale of the outfit, with the Malaysian insisting they have “failed to comply with any of the conditions in the agreement”.
Tony Fernandes has hit back in the war of words over Caterham F1 by claiming that the buyers – Swiss consortium Engavest – have not fulfilled their part of the deal. Engavest said today that Fernandes was still responsible for … Continue reading →
Tony Fernandes says Caterham F1 Team’s buyers – Engavest SA – have failed to comply with conditions agreed when he sold the team in June
Caterham’s hopes of being on the grid for next weekend’s grand prix in the United States were dealt a further blow on Thursday.
Tony Fernandes has hit back at claims made by the company he sold the Caterham F1 team to, accusing them of not living up to their side of the deal
Bosses of the Caterham F1 admit they will struggle to race in the USA next weekend if they cannot resolve a dispute with administrators.
The struggling organisation could be prevented from racing in next weekend’s USA Grand Prix while a fresh behind-the-scenes row has erupted
The staff of Caterham F1 were locked out of the team factory on Thursday – and that means just one thing: the administrator needs to take a crash course in Formula 1 rules, regulations and contracts or else he will destroy what value there is left in the troubled F1 team. The role of an […]
Tony Fernandes claims that the Caterham Formula 1 team’s new owner is entirely responsible for its current problems
Caterham’s Formula 1 chief Colin Kolles says he has done all he can to try to save the team, admitting that its fate is now in the hands of administrators
Caterham F1 Team’s buyer – Engavest SA – insists it has paid for the team’s shares but not received them from Tony Fernandes
F1 supremo will try to broker deal between new owners and founder Tony Fernandes after administrators lock up Caterham factory
The group of investors that have been running Caterham since July claim Tony Fernandes still owns the team and is responsible for its uncertain future
Caterham’s new buyer insists it has fulfilled all its conditions to purchase the Formula 1 team from Tony Fernandes, as a dispute rages over ownership of the outfit
The organisation that purchased Caterham F1 in June insisted today that the shares had not been transferred by the previous owners, and that Tony Fernandes thus remains “responsible” for the team. “On 29 June 2014 Engavest SA signed a Sale … Continue reading →
The previous owners of the Caterham F1 team failed to pay over £256,000 in legal fees before the team was sold to a consortium in June, court documents show. The fees represent one of a number of unpaid bills left … Continue reading →
Caterham F1 staff were locked out of the team’s factory in Leafield on Thursday as administrators seek a resolution to ownership problems
Formula 1 boss Bernie Ecclestone is hoping to resolve the dispute threatening the future of the Caterham team.