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Oct 24, 2014

Caterham F1 team set to miss next two races

LONDON (Reuters) – Caterham have been told they can miss the next two Formula One grands prix while seeking a buyer after the team went into administration on Friday.

Formula One’s commercial supremo Bernie Ecclestone told Reuters “it would be OK” for the team to sit out next week’s U.S. race, and Brazil the weekend after, in the hope a new owner emerged before next month’s finale in Abu Dhabi.

Oct 24, 2014

Motor racing-Caterham F1 team set to miss next two races

LONDON, Oct 24 (Reuters) – Caterham have been told they can miss the next two Formula One grands prix while seeking a buyer after the team went into administration on Friday.

Formula One’s commercial supremo Bernie Ecclestone told Reuters “it would be OK” for the team to sit out next week’s U.S. race, and Brazil the weekend after, in the hope a new owner emerged before next month’s finale in Abu Dhabi.

Oct 24, 2014
Oct 23, 2014
Oct 23, 2014
Oct 23, 2014
Oct 23, 2014
Oct 23, 2014

Motor racing-Caterham F1 team on brink of failure

LONDON, Oct 23 (Reuters) – The Caterham Formula One team was on the brink of collapse on Thursday with employees locked out of the factory while past and present management traded accusations over who was to blame.

Even if an administrator held out some hope that the team might survive, time was running out with a Saturday deadline looming for the cars to be sent to Texas for next week’s U.S. Grand Prix in Austin and then on to Brazil.

Oct 23, 2014
Oct 23, 2014

Caterham F1 factory closed, team’s fate in the balance

LONDON (Reuters) – Caterham Formula One employees found their factory closed on Thursday but a legal administrator overseeing the property held out hope that the struggling team might still survive.

Finbarr O’Connell told Reuters various parties had approached him to express interest either in the assets or keeping Caterham racing as an F1 team and negotiations were ongoing.

    • About Alan

      "I am Reuters London-based motor racing correspondent, writing mostly about Formula One from around the world and covering my first race at Silverstone in 1991. I also report on other sports when not at grands prix."
      Languages:
      English, French, Spanish, Italian
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