F1 » Caterham F1 confirms change of ownership


Tony Fernandes has passed control of the Caterham F1 team to a consortium of investors advised by Colin Kolles

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DuhFerrari

July 02, 2014 3:34 PM
Last Edited 176 days ago

Good luck to Caterham,,Collin and Christjian.
You will surely need it in your uphill task.
Mid season may not be exactly a good time to take over the realms of a bottom rung team.
All the best next year.

richard

July 02, 2014 3:37 PM

superdowg. well they are , sort of! kolles was heading the consortium called corsa rosa, who were the second proposed newcomer accepted by bernie. so that particular entry will now be withdrawn. kolles my rename caterham team to that of his own consortium.
i am not a fan of kolles who has made a muck of things in the past, so i have no idea if he will be able to make a go of this or not.
haas should have done this rather than try to establish a new team.

theoldgitspeaks

July 02, 2014 3:42 PM

They must have more money than sense, Christian Albers failed as a driver so I don't really see what he has to offer as a team manager, in addition Kolles has been involved in several teams in the past and has failed to deliver any success. My best bet is that they will be gone by the end of the season when they realise just how much money they need to spend and how they are going to be continually screwed by the FIA and Bernie.

Taz

July 02, 2014 4:21 PM

theoldgitspeaks: They must have more money than sense, Christian Albers failed as a driver so I don't really see what he has to offer as a team manager, in addition Kolles has been involved in several teams in the past and has failed to deliver any success. My best bet is that they will be gone by the end of the season when they realise just how much money they need to spend and how they are going to be continually screwed by the FIA and Bernie.


Horner drove in F3 didn't he? but wasn't that good, he's not bad as a team boss though.

Like some others I can't imagine why Hass didn't buy the infrastructure. I guess he knows best or it's just pie in the sky.

ZEDX

July 02, 2014 4:22 PM

richard: superdowg. well they are , sort of! kolles was heading the consortium called corsa rosa, who were the second proposed newcomer accepted by bernie. so that particular entry will now be withdrawn. kolles my rename caterham team to that of his own consortium.
i am not a fan of kolles who has made a muck of things in the past, so i have no idea if he will be able to make a go of this or not.
haas should have done this rather than try to establish a new team.


1) Haas should have got-in-quick for sure. Probably went for a bargain price!... There's probably lots of green paint left in Leafield, so they could add the Go daddy colours easily too!
2) Can't see it continuing as CaterhamF1 as it "clashes" with all the other Caterham activities, surely? Legally, I'd assume it will have to be run as a "new" F1 team, and Caterham cars carry on as usual?

superdowg316

July 02, 2014 4:32 PM
Last Edited 177 days ago

ZEDX:
richard: superdowg. well they are , sort of! kolles was heading the consortium called corsa rosa, who were the second proposed newcomer accepted by bernie. so that particular entry will now be withdrawn. kolles my rename caterham team to that of his own consortium.
i am not a fan of kolles who has made a muck of things in the past, so i have no idea if he will be able to make a go of this or not.
haas should have done this rather than try to establish a new team.


1) Haas should have got-in-quick for sure. Probably went for a bargain price!... There's probably lots of green paint left in Leafield, so they could add the Go daddy colours easily too!
2) Can't see it continuing as CaterhamF1 as it "clashes" with all the other Caterham activities, surely? Legally, I'd assume it will have to be run as a "new" F1 team, and Caterham cars carry on as usual?


It'd probably be like Sauber in 2010 being called BMW Sauber.

LLarry

July 02, 2014 4:42 PM

It's blindingly obvious why Haas didn't get involved.
Haas has made it very clear that he wants a U.S. Team based in the U.S.
Whilst it isn't likely to be any more successful than previous American efforts, buying into a U.K.-based team would not meet those requirements at all.

ProfessorX

July 02, 2014 4:48 PM

You would have to look at their bottom line for this and next year to figure out what is right, I am sure Fernandez had someone do the numbers and even though his venture was not a complete failure, to keep going on would have probably been worse.

I think Haas should convince Ford to take on Mercedes and Honda myself. Might do Ford's brand image some good as well.

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