Caterham assets to be sold off

[Jordan210]

Looks like Caterham have sadly gone



http://www.wyleshardy.com/caterhamf1/

[soad]

Caterham F1 Team assets to be auctioned off by administrators
http://motorsportstalk.nbcsports.com/2015/02/05/ca...

[patmahe]

Had hoped they'd make it back, but it had a feeling of inevitability about it. All the best to former and current employees and their families, hope something turns up soon.

[Some Gump]

I want that simulator. You literally could live the dream.

Then punt off maldonado, just for a digital karma based laugh.

[killfile]

They've posted the catalogue for Sale #1, Race and Pit Lane Equipment:

http://www.bidspotter.co.uk/en-gb/auction-catalogu...

[prostang]

Anyone on here go to the veiwing day today ?

[anonymous-user]

The auction was on the 12th of march.

[prostang]

The auction is in 3 parts 12 March was race team this is all the factory stuff

[Walford]

anybody even a big manufacturer, has a mountain to climb, up against the Hybrid Merc, think we are heading for some small grids in 2016/17

[anonymous-user]

prostang said:

The auction is in 3 parts 12 March was race team this is all the factory stuff

I missed that, thanks.

[btcc123]

I cannot see the creditors of Caterham getting much money as Marussia were £35 million in debt when they entered administration and with the CVA the total payout to creditors was only £500k.

Caterham were probably more in debt than Marussia as they were spending more than the mid field teams but Tony Fernandes has always been like that.Newcastle football club agreed a fee of £8 million with Loic Remy club and were going to pay him £60k a week but he did not turn up for the medical and instead went to Queens Park Rangers,run by Tony Fernandes as they agreed to pay him £160k a week.