Caterham Group has sold off its F1 team to a consortium of investors from Switzerland and the Middle East, freeing up considerable funds that can now be directed elsewhere. The F1 team proved an expensive and unsuccessful investment, finishing in 11th place in the championship last year. Subscribe to Automotive World to continue reading Sign … Continued
Caterham Group has sold off its F1 team to a consortium of investors from Switzerland and the Middle East, freeing up considerable funds that can now be directed elsewhere. The F1 team proved an expensive and unsuccessful investment, finishing in 11th place in the championship last year.
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https://www.automotiveworld.com/articles/caterham-sheds-f1-still-seeking-investors/
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