Tag Archive: Tony Fernandes

Oct 23

Caterham collapse ‘better’ for F1 – Ecclestone

Caterham is on the brink of collapse, as the backmarker team loses even the support of F1 supremo Bernie Ecclestone.

2014-03-02 - Caterham F1 Team - Trucks “I think it’s better they go,” said the 83-year-old Briton as the latest developments emerged late on Wednesday. “I don’t want people going around with begging bowls,” Ecclestone told the Sun newspaper in an article credited to business journalist Caroline Reid. Read the rest of this entry »

Oct 22

Caterham F1 Team statement

The Seller has refused to comply with its legal obligations to transfer their shares to the Buyer

11 - Caterham F1 TeamCaterham Enterprises Ltd, Caterham (UK) Ltd and Sheikh Mohamed Nasarudin (Seller) and their shareholders Tony Fernandes and Datuk Kamarudin Bin Meranun entered into a Sale and Purchase Agreement (SPA) with Engavest SA (Buyer) with regards to 1Malaysia Racing Team Sdn Bhd/Caterham F1 Team. Read the rest of this entry »

Oct 22

Struggling Caterham in race to send cars to Austin

Reuters reports that the green cars are scheduled to leave Caterham’s Leafield factory bound for Austin this weekend.

2014-03-16 - Caterham F1 Team - Australia Caterham’s financial troubles appear to be deepening, as it emerges the struggling F1 team may have no cars to race at the forthcoming US grand prix. Read the rest of this entry »

Oct 21

More alarming news about Caterham future

More alarming news about the health of the ailing F1 backmarker Caterham has emerged.

2014-03-16 - Caterham F1 Team - Australia - Marcus Ericsson 03 The posts have now been deleted, but race driver Kamui Kobayashi reportedly admitted on Facebook recently that he considered pulling out of the Russian grand prix when Caterham ran out of spare parts. Read the rest of this entry »

Oct 17

Status Grand Prix takeover Caterham Racing and joins GP2 Series

GP2 organisers confirm that UK based GP3 team Status Grand Prix have signed an agreement to acquire Caterham Racing.
GP2 Series Media The GP2 team will compete as Caterham Racing for the remainder of the 2014 season, and will become Status Grand Prix in 2015. The current driver line up is unaffected by the takeover for the final round at Yas Marina Circuit.

Read the rest of this entry »

Oct 04

Fernandes distances himself from Caterham team

Tony Fernandes has moved to distance himself from the debt and chaos of the formula one team he founded.

Tony Fernandes F1 backmarker Caterham has tried to play down the gravity of its fight for survival this weekend after it emerged bailiffs had seized equipment at its Leafield base. Read the rest of this entry »

Oct 02

Caterham hits back after bailiffs seize F1 equipment

The signs are growing stronger that Caterham may not make it to the end of the 2014 season.

2014-03-02 - Caterham F1 Team - Leafield Technical Centre office Already this week, rumours were doing the rounds that unpaid suppliers Pirelli and Renault are growing increasingly impatient with the situation in the wake of founder Tony Fernandes’ shock mid-season exit. Read the rest of this entry »

Oct 01

Kobayashi retains Caterham seat for home race

Kamui Kobayashi has retained his race seat at Caterham for his home grand prix this weekend.

IMG_5973 As the team seeks new sources of income in the wake of founder Tony Fernandes’ shock mid-season exit, the Japanese driver lost his place to Andre Lotterer at Spa in August. Read the rest of this entry »

Sep 29

Three teams in battle for 2015 survival

The fate of three formula one teams continues to hang in the balance.

2014-06-22 - Williams Martini Racing - Austria - Felipe Massa 01 teams The health of the sport’s most financially struggling outfits has been under an intense spotlight since it emerged the richest teams might be asked to plug gaps on the 2015 grid by running three-car operations. Read the rest of this entry »

Sep 23

Pirelli threatens to withhold tyres from Caterham – report

Caterham must urgently make a payment ahead of Suzuka

2014-06-05_0015 Caterham could be left stranded without tyres ahead of the forthcoming Japanese grand prix, according to the Dutch newspaper De Telegraaf. Read the rest of this entry »

Sep 07

Post-race rumours rock Monza paddock

F1’s 2015 ‘silly season’ is no longer just about the drivers.

2014-06-08_0747 Now, it is major rumblings about the teams themselves that are making waves as the sport packs up after Lewis Hamilton’s win at Monza. Read the rest of this entry »

Sep 06

Fernandes happy to have sold Caterham

Tony Fernandes has broken his silence to reveal it is “a relief” to have left formula one.

Tony Fernandes The entrepreneur, best known for his Malaysian low-cost airline Airasia, recently sold the Leafield based Caterham team to mysterious Swiss-Middle Eastern investors led by Colin Kolles and Christijan Albers. Read the rest of this entry »

Sep 05

Kobayashi ‘not happy’ with Caterham situation

Kamui Kobayashi may be back on the grid, but that doesn’t mean he is “happy”.

2014-03-02 - Caterham F1 Team - Bahrain - Kamui Kobayashi 02 As Caterham’s new management took hold, the Japanese was sidelined in Belgium two weeks ago in favour of Andre Lotterer and his sponsor Hype. Read the rest of this entry »

Aug 27

Now Frijns set to depart ‘new’ Caterham

Robin Frijns looks set to return to GP2.

2014-03-02 - Caterham F1 Team - Bahrain - Robin Frijns The talented Dutchman was signed up as a reserve driver by Caterham this year, and was even briefly considered for a race seat. Read the rest of this entry »

Aug 21

Troubled Marussia ‘sells’ Chilton’s seat to Rossi

Kamui Kobayashi is not the only F1 regular sitting out this weekend’s fabled Belgian grand prix.

2014-07-24 - Marussia F1 Team - Alexander Rossi Joining Caterham stand-in and 32-year-old rookie Andre Lotterer on the Spa-Francorchamps grid will be another F1 newcomer, 22-year-old Californian Alexander Rossi. Read the rest of this entry »

Aug 21

Kobayashi using Spa sideline to ponder F1 ‘harmony’

“It’s a shame not to drive Spa”

2014-03-16 - Caterham F1 Team - Australia - Kamui Kobayashi Kamui Kobayashi will spend the Spa-Francorchamps weekend out of the cockpit and assessing the potential ‘lack of harmony’ in his racing life. Read the rest of this entry »

Aug 18

Ravetto confirms new nose for Caterham at Spa

New team deputy Manfredi Ravetto has confirmed Caterham will debut a new nose at this weekend’s Belgian grand prix.

Will Stevens - photo Caterham F1 Team After founder Tony Fernandes’ exit and the new management’s ousting of 40 staff, the struggling backmarker team pressed the throttle on a development push in the hope of re-capturing the lucrative tenth in the constructors’ championship. Read the rest of this entry »

Aug 14

Albers not denying Caterham to axe ‘double nose’

New team boss Christijan Albers is not denying Caterham will axe the 2014 car’s unseemly nose.

2014-03-02 - Caterham F1 Team - Bahrain - Kamui Kobayashi 03 We reported last month that the distinctive solution at the front of this year’s green-liveried car could be the popular victim of a development push by the team’s new management. Read the rest of this entry »

Aug 13

Kobayashi backs sweeping changes at Caterham

Kamui Kobayashi has backed the sweeping changes at Caterham, even though it has put his formula one future in doubt.

IMG_5973 After founder Tony Fernandes’ sudden sale and departure, the Malaysian team entered the hands of mysterious Swiss-Middle Eastern investors and new bosses Colin Kolles and Christijan Albers. Read the rest of this entry »

Jul 30

Caterham vows to sue sacked F1 staff

Caterham has hit back after it emerged sacked staff are moving to sue the backmarker team’s new management.

2014-06-07_0676 Earlier in July, following founder Tony Fernandes’ sale of the green-coloured team to mysterious Swiss-Middle Eastern investors, new bosses Colin Kolles and Christijan Albers ousted about 40 of Caterham’s Leafield-based workforce. Read the rest of this entry »

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