Connect with us

2014 F1

Caterham preparing for Abu Dhabi return

Published

on

d13abu1832Caterham is preparing to return to formula one for F1’s 2014 finale in Abu Dhabi next month.

As it was put into administration following founder Tony Fernandes’ ill-fated sale to Colin Kolles-managed investors, the team as well as backmarker Marussia sat out Austin and will again be absent in rainy Brazil this weekend.

But it then emerged on Wednesday that Caterham’s administrators, led by Finbarr O’Connell, have lodged an official team entry for the 2015 season.

Marussia, now renamed to the operating company Manor, is also on the provisional FIA entry list.

But reports that Caterham and Marussia have paid the $500,000 entry fee already are wide of the mark. That fee is not due until late in November.

O’Connell, however, who now runs Caterham, said it was imperative to lodge a 2015 entry so that the team is saleable.

“It’s absolutely essential,” he said. “We’re hoping the new owner will then pick up things like the fees and finalising the 2015 design.”

It would also make Caterham’s life much easier if it could appear and race in Abu Dhabi, as Bernie Ecclestone and the FIA only agreed a two-race dispensation for the backmarker teams to sort their financial problems.

O’Connell said: “I think I’ve got enough confidence now to say I’d be very surprised if we were not racing in Abu Dhabi.”

A headline at Brazil’s Globo Esporte suggested Rubens Barrichello could make a “surprise return” to F1 as Caterham looks to get back up and running.

“There are a number of parties involved,” said O’Connell, “but because the financial commitments are so huge it is difficult for people to commit. But we are making arrangements to go to there (Abu Dhabi) as we speak.”

Marussia, now Manor, has been much quieter following its slump into administration, but boss Graeme Lowdon was in Austin last weekend for meetings.

In Austin, of course, the next three endangered privateer teams Lotus, Sauber and Force India threatened to boycott the race if the sport’s owners CVC do not release more revenue.

It is reported those teams, plus Caterham and Marussia, could share a $160 million bonanza if Lotus owner Gerard Lopez’s direct negotiations with CVC chairman Donald Mackenzie are successful in the coming hours.

“Talks are progressing well,” the Guardian quoted Lopez as saying, “but I don’t expect any news before Friday.”

According to departed boss Cyril Abiteboul, however, life at the back of the grid for a team of Caterham’s scale is not viable.

The Frenchman, having returned to Renault, told Auto Hebdo: “In their (Caterham’s) situation to be in formula one, it was simply impossible.

“You only have to analyse their situation and the economic model of F1 to realise that the adventure was doomed to failure,” said Abiteboul. (GMM)

Loading...

Comments

Latest F1 News

Latest F1 News

2019 F12 weeks ago

I’m not ready for Formula E – Hulkenberg

Nico Hulkenberg says he is “not ready” to contemplate a switch to Formula E. It is strongly rumoured that if...

2019 F12 weeks ago

BREAKING: Albon to replace Gasly from Belgian GP

Toro Rosso’s speedy Alexander Albon will replace Pierre Gasly at Red Bull from the next race in Belgium, the F1...

2019 F12 weeks ago

Alonso says it is not true liking Vettel

Fernando Alonso says it is not true that he doesn’t like Sebastian Vettel. In Hungary, amid rumours the retired double...

2019 F12 weeks ago

F1 teams balk at expensive new regulations

F1 teams are pushing back on proposed new regulations — for reasons of cost. One idea that could be scrapped...

2019 F13 weeks ago

McLaren targets Sainz to beat Gasly in 2019

McLaren is targeting a coveted sixth place in the 2019 drivers’ world championship with Carlos Sainz. With Mercedes, Ferrari and...

2019 F13 weeks ago

F1 broadcaster fails to show Sainz in Hungary

Carlos Sainz was “the invisible man” during the recent Hungarian GP. In fact, well-known Spanish journalist Antonio Lobato claims that...

2019 F13 weeks ago

Marko confirms Verstappen staying at Red Bull-Honda for F1 2020

Red Bull motorsport head Dr Helmut Marko has confirmed that Max Verstappen is definitely staying at Red Bull-Honda in 2020....

2019 F13 weeks ago

Me and Russel are eating two different dishes – Kubica

Robert Kubica is yet to benefit from what seems to have been a clear step forward for Williams and George...

2019 F13 weeks ago

I will not stop doing dangerous activities – Raikkonen

Kimi Raikkonen says he will not stop doing dangerous activities just because he is in Formula 1. Well known for...

2019 F13 weeks ago

Two competitive cars ‘essential’ to Red Bull success – Horner

  Christian Horner says it is “essential” that Red Bull has two cars near the front of the F1 field....

Most Popular

ThisisF1.com is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV, Formula One World Championship Ltd or any other organization or entity associated with the official Formula One governing organizations or their shareholders. Copyrighted material used under Fair Use/Fair Comment.

References
We could use the following leading F1 news sources for stories: SkyF1, BBC F1, Autosport, ESPN F1, FIA Media Center, MotorSport, JamesAllen and others leading authors blog.

All Rights Reserved © 2017 Prime Sport Media