New troubles for Caterham
The management that took over from owner Fernandes is also leaving
The saga of the is enriched with a new shock Caterham now submerged in debt.
News in recent hours, in addition to the seizure of assets and the administration of Caterham Sports Limited, the failure to pay shareholdings by former owner Tony Fernandes to the current top management and the consequent abandonment of the latter.
“From the moment of the agreement, the selling consortium has always refused to complete the legal obligations for the transfer of ownership, creating serious problems for the company – we read in the official press release of the F1 team – For this reason, after three months of management in good faith, the purchasers will have to resign from office”.
The team principal also expressed his opinion in this regard Manfredi Ravetto who thus bid farewell to the team. “I am proud to have led such an extraordinary group even for just a few weeks” – the message posted on his personal Twitter account.
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