News Details

Caterham has two weeks to find buyer

Caterham's administrators say the team will likely be wound up if a buyer is not found in the next two weeks. Caterham entered administration last week and has not travelled to the US Grand Prix this weekend. The future of the team is in serious doubt and over 200 jobs are at stake if a solution cannot be found. Administrator Smith & Williamson told Sky Sports as many as 12 potential buyers are interested, but said the deadline for a deal is tight. "We're continuing our efforts to try and find a buyer for the team, bearing in mind the workforce are the lifeblood of the team," joint administrator Henry Shinners said. "We feel that if a buyer doesn't come forward in the next...
Full Story »
11y ago from espnF1.com 0
Share

You May Also Be Interested In...

Two-week deadline for Caterham

Caterham's administrators have said the team will probably be wound up in...
11y ago from SkySports.com

Caterham set to miss F1 races in USA and Brazil

+ Caterham is set to miss the United States and Brazilian Grands Prix as...
11y ago from RichlandF1.com

Caterham hands over to administrators

Caterham F1 Team Caterham F1 Team has confirmed that it has handed over...
11y ago from F1Zone.net

Caterham gets permission to miss US, Brazil races

The Caterham F1 Team has been given special dispensation to miss two...
11y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

McLaren, Chip Ganassi and Alex Palou release...

McLaren, Chip Ganassi and Alex Palou have released statements after a...

Popular On TotalWRC.com

Popular On GunnersToday.com

'They’ll have too much for them' - Alan Shearer...

Premier League Hall of Famer Alan Shearer has backed Arsenal to beat...
1h ago from SportsKeeda.com

Arsenal veteran makes decision on future ahead of...

Arsenal 2025 summer signing Christian Norgaard wants to leave the club...
1h ago from CaughtOffside.com

Champions League last 16: tie-by-tie analysis and...

enal and Liverpool will fancy their chance of making the quarter-finals,...
1h ago from TheGuardian.com

Supercomputer predicts chances of winning UEFA...

The UEFA Champions League draw for the Round of 16 is done, and the road...
2h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.