Caterham F1 Manufacturing company in administration

Connor Caple

Slowest Racer in Town...
Just stumbled across this news which is apparently FIVE DAYS old :confused:

A company that builds cars for the Caterham Formula 1 team has gone into administration, putting hundreds of jobs at risk.

Caterham Sports Limited, in Leafield, Oxfordshire, manufactures racing cars for the F1 team, which is operated by 1 Malaysia Racing Team (1MRT).

Administrator Finbarr O'Connell said 200 jobs were affected and up to £20m was owed to external suppliers.

He said the Caterham F1 team wished to continue to race.


http://www.bbc.co.uk/news/uk-england-oxfordshire-29704117
 

Latest News

What would make you race in our Club events

  • Special events

    Votes: 63 29.3%
  • More leagues

    Votes: 41 19.1%
  • Prizes

    Votes: 44 20.5%
  • Trophies

    Votes: 26 12.1%
  • Forum trophies

    Votes: 14 6.5%
  • Livestreams

    Votes: 32 14.9%
  • Easier access

    Votes: 117 54.4%
  • Other? post your reason

    Votes: 36 16.7%
Back
Top