F1 News

F1 paddock 'puzzles over' Caterham sale

Posted on by
Williams Mechanics wheeling tyres through the paddock
Williams mechanics wheeling tyres through the paddock
Caterham CT01 Burnout

Caterham CT01 Burnout at Rotterdam

Heads are being scratched in the F1 paddock, the day after the struggling Caterham team changed hands.

Malaysian aviation entrepreneur Tony Fernandes' 100 per cent sale of the team was confirmed late on Wednesday, a media statement saying Caterham is now owned by "a consortium of Swiss and Middle Eastern investors".

The statement, however, did not name the investors, and sources insist they will remain 'in the background' while Caterham is run now by HRT's Colin Kolles and Manfredi Ravetto, and former Minardi driver Christijan Albers.

The veteran correspondent for the Swiss newspaper Blick, however, is concerned.

"The whole formula one paddock puzzles over these new investors," said Roger Benoit. "In the official announcement of the team, no names were mentioned."

Benoit is indeed not alone. Kevin Eason, the correspondent for the London newspaper The Times, said the lack of information about Caterham's new owners "will ring alarm bells".

He explained: "F1 insiders with long memories will remember the last time a Swiss-Arab consortium arrived in the sport."

Eason is referring to 2009, when a group calling itself Qadbak, involving controversial figure Russell King, bought Sauber from BMW only for the deal to collapse.

"Caterham's long-suffering staff will hope that this deal has more substance with their jobs on the line," he wrote.

Book discounted tickets and reservate your hotel room in our F1 Tickets Shop.

Please share this article & subscribe to our FREE weekly F1 Newsletter


Latest F1 News posts:

See older posts in our F1 News Archive »

Stay Updated by F1-Fansite!

Each subscriber has a change to win one of our
2017 F1-Fansite.com Photo Calendars!.
Buy F1 MerchandiseBuy F1 Merchandise of your favourite driver or team.

Early Booking Discounts on F1 Tickets

Buy F1 tickets cheaper at F1-Fansite.com 2016 Formula 1 Season Early Booking Discounts are:
F1 Grand Prix

Book F1 Tickets Mexican F1 GP Mexico '16Available
Book Now
Book F1 Tickets Brazilian F1 GP Brazil '16Available
Book Now
Book F1 Tickets Abu Dhabi F1 GP Abu Dhabi '16Available
Book Now
Book F1 Tickets Australian F1 GP Australia '17AvialableBook Now
Book F1 Tickets China F1 GP China '1710% discountBook Now
Book F1 Tickets Spanish F1 GP Spain '1720% discountBook Now
Book F1 Tickets Monaco F1 GP Monaco '17AvailableBook Now
Book F1 Tickets Austrian F1 GP Austria '1720% discountBook Now
Book F1 Tickets British F1 GP UK '17AvailableBook Now
Book F1 Tickets Hungarian F1 GP Hungary '1720% discountBook Now
Book F1 Tickets Belgian F1 GP Belgium '1725% discountBook Now


Will Hulkenberg deliver the 'giant leap" for Renault?

View Results

Loading ... Loading ...
F1 Polls