Archive for the ‘Caterham’ Category

How much does it cost to run a Formula 1 team?

With confirmation that we’ll only have 18 cars on the grid in Austin this weekend much of the chatter around Formula 1 has been to do with the costs of running a team. People are asking: is F1 in crisis? Every time serious discussion about putting a cap on spending is raised one of the […]

Caterham and Marussia to miss next two GPs

Bernie Ecclestone has revealed that both Caterham and Marussia will not be at the United States Grand Prix in Austin next weekend. News of Caterham’s absence was expected due to the teams current ownership spat. However, while it was known Marussia isn’t exactly flush with cash they were thought to be heading Stateside. Not any […]

Dark days ahead for Caterham F1 Team

The appointment of adminstrators to Caterham Sports Limited has uncovered a legal stoush between the new and old owners of the Caterham F1 Team and the team’s appearance at the United States Grand Prix is looking increasingly unlikely. Via the team website Caterham F1’s “buyer” Swedish company Engavest SA has issued a damning statement, which you […]

Caterham F1 Team in a spot of bother

Caterham Sports Limited (CSL), the Leafield-based company who makes F1 cars under contract for 1 Malaysia Racing Team (1MRT), has gone into administration leaving the Caterham F1 Team facing an uncertain future. With just over a week until the United States Grand Prix in Austin, administrator Smith & Williamson says CSL owes £20m to outside […]

Le Mans winner Lotterer to join Caterham

Three-time 24 Hours of Le Mans winner André Lotterer will replace Kamui Kobayashi at the Belgian Grand Prix this weekend. At this stage the 32-year-old German has been given one race to impress in Formula 1 and Kobayashi will remain on Caterham’s driving roster. Lotterer, known for his role with the Audi LMP1 program, has […]

2014 Hungarian Grand Prix in pictures

Determination, courage, pride and, most of all, talent; Daniel Ricciardo has them all. His results so far in 2014 have exceeded expectations and let’s hope that continues for some time yet. You can relive Daniel’s victory in the Hungarian Grand Prix below. There’s over 100 photos on offer and some of them even feature subjects […]

New owners, new nose!

Word in the Formula 1 pit lane says Caterham’s new owners are about to give the ungainly looking CT05 a development push which will include the welcome task of redesigning the car’s ugly nose. It’s said that previous owner Tony Fernandes limited the budget on development of this year’s car while he was trying to […]

Caterham F1 Team sale confirmed

As expected the Caterham F1 Team has announced a change of ownership with Tony Fernandes making way for a consortium of Swiss and Middle Eastern investors. The new ownership group is being advised by Colin Kolles, former HRT Team Principal. Christijan Albers, former F1 driver with Minardi and Midland/Spyker, will be calling the shots on a […]