user icon
icon
link-icon
<< Return to the news list
Caterham administrator admits 'time is running out'

Caterham administrator admits 'time is running out'

  • Published on 26 Jan 2015 09:04
  • comments 0
  • By: Rob Veenstra
Caterham's acting team boss and administrator has admitted time is running out to rescue the ailing backmarker. Although it was Caterham and not Marussia that successfully returned for the 2014 finale in Abu Dhabi, Bernie Ecclestone said this week that only Marussia appears able to survive into the 2015 season. "Caterham, I don't think there is much chance of saving them," said the F1 supremo, "but Marussia there is a chance."

Acting Caterham team boss Finbarr O'Connell, however, who doubles as the administrator, is more hopeful. "As long as there are people there who have got a real possibility of doing something, I'm not going to close it down," he told Reuters on Thursday.

But O'Connell admitted that Caterham, who unlike Marussia will not collect millions in official prize money if it is rescued, is therefore "much more difficult" to sell. And just over a week before winter testing begins, he also said time is running out. "I'm very conscious that a time will come when it will not make sense for anybody to invest large sums of money in racing the Caterham team for the 2015 season," said O'Connell. "Time will just run out." (GMM)
F1 News Marussia

Replies (0)

Login to reply

BE Grand Prix of Belgium

Local time 

BEGrand Prix of Belgium

Local time 

World Championship standings 2024

Pos
Team
Points
1
Red Bull Racing
141
2
Ferrari
120
3
McLaren
69
4
Mercedes
34
5
Aston Martin
33
6
Visa Cash App RB
7
7
Haas F1
4
Show full world champion standings

Test calendar

Bahrain International Circuit - Winter testing

See full test schedule

Related news

Give your opinion!

Will Bottas challenge Hamilton for the world championship in 2020?

Formula 1 Calendar - 2024

Date
Grand Prix
Circuit
-
Bahrain
29 - Mar 2
Bahrain
Bahrain International Circuit
7 - Mar 9
Saudi Arabia
Jeddah Street Circuit
22 - Mar 24
Australia
Albert Park
5 - Apr 7
Japan
Circuit Suzuka
19 - Apr 21
China
Shanghai International Circuit
3 - May 5
United States of America
Miami International Autodrome
17 - May 19
Italy
Autodromo Enzo e Dino Ferrari
24 - May 26
Monaco
Monte Carlo
7 - Jun 9
Canada
Gilles Villeneuve
21 - Jun 23
Spain
Circuit de Catalunya
28 - Jun 30
Austria
Red Bull Ring
5 - Jul 7
United Kingdom
Silverstone
19 - Jul 21
Hungary
Hungaroring
26 - Jul 28
Belgium
Spa-Francorchamps
23 - Aug 25
Netherlands
Circuit Zandvoort
30 - Sep 1
Italy
Monza
13 - Sep 15
Azerbaijan
Baku City Circuit
20 - Sep 22
Singapore
Marina Bay Street Circuit
18 - Oct 20
United States of America
Circuit of the Americas
25 - Oct 27
Mexico
Autodromo Hermanos Rodriguez
1 - Nov 3
Brazil
Interlagos
22 - Nov 24
United States of America
Las Vegas Street Circuit
29 - Dec 1
Qatar
Losail International Circuit
6 - Dec 8
United Arab Emirates
Yas Marina Circuit
See full schedule

Formula 1 Calendar - 2024

Date
Grand Prix & Circuit
-
Bahrain Bahrain International Circuit
29 - Mar 2
Bahrain Bahrain International Circuit
7 - Mar 9
Saudi Arabia Jeddah Street Circuit
22 - Mar 24
Australia Albert Park
5 - Apr 7
Japan Circuit Suzuka
19 - Apr 21
China Shanghai International Circuit
3 - May 5
United States of America Miami International Autodrome
17 - May 19
Italy Autodromo Enzo e Dino Ferrari
24 - May 26
Monaco Monte Carlo
7 - Jun 9
Canada Gilles Villeneuve
21 - Jun 23
Spain Circuit de Catalunya
28 - Jun 30
Austria Red Bull Ring
5 - Jul 7
United Kingdom Silverstone
19 - Jul 21
Hungary Hungaroring
26 - Jul 28
Belgium Spa-Francorchamps
23 - Aug 25
Netherlands Circuit Zandvoort
30 - Sep 1
Italy Monza
13 - Sep 15
Azerbaijan Baku City Circuit
20 - Sep 22
Singapore Marina Bay Street Circuit
18 - Oct 20
United States of America Circuit of the Americas
25 - Oct 27
Mexico Autodromo Hermanos Rodriguez
1 - Nov 3
Brazil Interlagos
22 - Nov 24
United States of America Las Vegas Street Circuit
29 - Dec 1
Qatar Losail International Circuit
6 - Dec 8
United Arab Emirates Yas Marina Circuit
See full schedule

Team profile

Marussia
Show full profile
show sidebar