Sven
Norm Smith Medallist
- Thread starter
- #876
James Allen is reporting that Caterham have been given permission to miss both the U.S. and Brazillian GP whilst a buyer is found for the team
Now rumours are starting to circulate that Marussia may also miss the U.S. GP!
Caterham are set to miss the US and Brazilian Grands Prix after the administrators now running the squad revealed that Bernie Ecclestone has given permission for it to sit out the next two rounds of the F1 championship.
This morning the management team led by Colin Kolles stepped back from running the team and handed control to administrators at London-based accountancy firm Smith & Williamson. This afternoon the firm confirmed that the team has now been given “dispensation” to miss the next two grands prix while a buyer is sought.
The statement read: “In a telephone conversation today between Finbarr O’Connell and Bernie Ecclestone, Mr Ecclestone agreed to support the administrators in their wish to sell the Formula One team to a party with the financial strength to sustain it into the future.
“Mr Ecclestone also agreed to give dispensation to Caterham F1 such that it could, if necessary, miss the US and Brazilian Grands Prix, but hoped that a new owner would be in a position to race the team at the Abu Dhabi Grand Prix.
Now rumours are starting to circulate that Marussia may also miss the U.S. GP!