Caterham F1 in trouble?

Caterham F1 in trouble?

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feef

Original Poster:

5,206 posts

189 months

Megaflow

9,808 posts

231 months

Thursday 2nd October 2014
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Yep...

Bailiffs went in yesterday afternoon, sent everybody home at 15:30 and told them to report back at 9am this morning for further updates according to the rumour mill.

It's not looking good.

robinessex

11,245 posts

187 months

Thursday 2nd October 2014
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What they took isn't really worth anything really. Maybe McLaren could make use of the 2013 test car !!!!!!!!!!!! And some of the equipment supposedly removed would be impossible without a major effort. Not by 2 blokes with a transit truck.

Edited by robinessex on Thursday 2nd October 08:48

bestinshow

486 posts

227 months

Thursday 2nd October 2014
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Surely all the important stuff is in Japan ?

robinessex

11,245 posts

187 months

Thursday 2nd October 2014
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The Caterham Formula One team say they are going ahead with preparations to race in Japan this weekend despite bailiffs visiting their factory in Oxfordshire on Wednesday.

The troubled team issued a statement ahead of the race at Suzuka that condemned 'unfounded and unsubstantiated rumours concerning actions against 1MRT, the entrant and owner of CaterhamF1'.

'An action was threatened on Wednesday against a supplier company to 1MRT. This company is not owned by 1MRT and it has no influence over the entry of CaterhamF1 or the entrant,' it added.

Contrary to uncontrolled rumours, all operations are currently in place at Leafield and the race team is doing its preparation in Japan,' the statement concluded.

A senior source close to the team confirmed by telephone that bailiffs had visited the Leafield factory but said it was not the first time and denied reports that the facility or computer servers had been closed down.

'All this nonsense is nothing to do with the Formula One team...it is 100 percent not related to the F1 team or any company or subsidiary of the F1 team,' added the source, who did not want to be identified.



Exige77

6,522 posts

197 months

Thursday 2nd October 2014
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