Caterham handed over to administrators

The management steps back

By Franck Drui

24 October 2014 - 13:41
Caterham handed over to administrators

Following a request of yesterday evening at 21.55hrs CET from Caterham Sports Limited’s administrators and the legal advisors of Mr Tony Fernandes’ related EXIM Bank, representatives of 1MRT/Caterham F1 Team have agreed, with all rights reserved, to hand-over management of the Caterham F1 Team to the administrator Mr Finbarr O’Connell in the higher interest of allowing the team to continue operating and preparing for the next events.

Search

Formula 1 news

Pics

Videos