Caterham Still Sort Of Exists; May Run 2014 Car Next Year To Save Cash

Per Autoweek, financially distressed Formula One team Caterham has been given approval to run their 2014 car for 2015. This can only end well...behind everyone else on the grid. Still, this all fits into the administrator's plan to keep Caterham racing in order to show potential investors a viable team. » 12/01/14 2:42pm 12/01/14 2:42pm

Caterham Resorts To Crowdfunding $3.7 Million So They Can Race Again

The Caterham F1 team has had a very tough year, so tough that they just missed the USGP in Austin due to the team entering administration. However, the administrators believe that Caterham is worth more if they're racing, so to get them back on track they want fans to pay $3.7 million so they can make the finale in… » 11/07/14 11:01am 11/07/14 11:01am

Caterham And Marussia Won't Face Penalty For Being Too Broke To Race

The Formula One grid is a lot smaller than normal in Austin this weekend because the Marussia and Caterham teams are both too cash-strapped to run the race. Adding insult to injury, the teams could technically face penalties from the FIA for not showing up, but race stewards have decided otherwise. » 10/31/14 1:23pm 10/31/14 1:23pm

Administrator Over Caterham F1 Team Wants The Team To Keep Racing

Although Caterham has been given approval by the FIA to miss the next two Formula One grands prix at Austin and Brazil due to ongoing financial difficulties, the representative for the administrator who has taken control of the team's assets, Finbarr O'Connell, says that the team is more valuable if they keep racing. » 10/24/14 3:23pm 10/24/14 3:23pm

Caterham F1 Blasts Former Owner, Former Owner Says He Was Never Paid

Earlier this summer, the Caterham F1 Team was sold by reputable businessman Tony Fernandes to a group of investors. The investors are now taking issue with how the sale has gone down, as Fernandes is yet to transfer ownership. Fernandes's response? "If you buy something, you should pay for it." » 10/22/14 5:29pm 10/22/14 5:29pm

Now's Your Best Chance To Buy A Caterham F1 Car (Lightly Used)

Earlier today there were reports about some sort of ruckus going on at the Caterham F1 team, including rumors of police at their headquarters in England. Then they issued a weird non-denial denial that anything happened at all. And now repo men are selling a bunch of their stuff, including an F1 car. » 10/01/14 4:36pm 10/01/14 4:36pm