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Caterham F1 owners could quit over ownership row

Sutton Images Enlarge Caterham's current owners have threatened to withdraw their management and take legal action against previous owner Tony Fernandes after claiming the shares they purchased earlier this year have not been transferred. This week Caterham Sports Limited - the company that manufactures the team's cars - went into administration, with reports the race cars might not be released from the factory in time for next weekend's US Grand Prix. After meeting with the administrators on Wednesday, the current owners of 1Malaysia Racing Team, which runs the race team, said the administrator's appointment had had "devastating effects" on its operations. The consortium that...
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11y ago from espnF1.com 0
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