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 be the ideal raceday for you to join our Club Races?

  • Monday

    Votes: 35 13.5%
  • Tuesday

    Votes: 29 11.2%
  • Wednesday

    Votes: 35 13.5%
  • Thursday

    Votes: 32 12.4%
  • Friday

    Votes: 85 32.8%
  • Saturday

    Votes: 150 57.9%
  • Sunday

    Votes: 109 42.1%
Back
Top