Jul 2, 2014, 10:16 AM EDT
Following a couple weeks of speculation, the sale of the Caterham F1 Team has been confirmed on Wednesday. The team’s base in Leafield and name of Caterham F1 Team will stay for what the team termed “the foreseeable future.”
Colin Kolles is back in the game and will head up the group of Swiss and Middle Eastern investors, taking over from Tony Fernandes and his partners at the top of the organization. According to veteran F1 scribe Adam Cooper, Kolles will be a Caterham consultant.
Kolles’ F1 history includes stints with the team now known as Force India, previously known as Jordan, Midland, MF1 and Spyker. He also was involved with the HRT team during its stint.
Additionally, former Minardi Formula One driver Christijan Albers and Manfredi Ravetto will take over day-to-day operations of the race team.
Said Albers in a statement, “We are aware of the huge challenge ahead of us given the fight at the bottom end of the Championship and our target now is to aim for tenth place in the 2014 Championship. We are very committed to the future of the team and we will ensure that the team has the necessary resources to develop and grow and achieve everything it is capable of.”
Albers and Kolles have been linked for several years both in F1 and in sports car racing. Albers drove for Spyker in 2007, when Kolles was the team principal. Once Kolles moved to Le Mans, the Dutchman raced an Audi R10 TDI in Le Mans.
Albers is also set to drive the Lotus P1/01 AER in the FIA World Endurance Championship for several races later this year (the Lotus is not affiliated with Caterham, because the Caterham/Lotus/Lotus history is already confusing enough as it is). Kolles had been involved in a Lotus LMP2 project last year.
Meanwhile, Cyril Abiteboul has left the team to pursue other opportunities.
No mention was made of changing the team’s driver lineup, with Kamui Kobayashi and Marcus Ericsson competing this year and a deep pipeline of test drivers that include Alexander Rossi, Rio Haryanto and Will Stevens, with the latter two scheduled to test in Silverstone next week.
Oct 21, 2014, 10:00 PM EDT
The championship contender talks about his reputation during a Monday night appearance at Texas Motor Speedway.
Oct 21, 2014, 8:00 PM EDT
As NASCAR AMERICA’s Kyle Petty explains, the new Chase format has created something that NASCAR hasn’t seen before.
Oct 21, 2014, 7:00 PM EDT
A ninth Martinsville win on Sunday would put Gordon into the Championship Race at Homestead. Check out his interview with NASCAR AMERICA’s Jason Weigandt about his success at M’Ville and more.
Oct 21, 2014, 5:44 PM EDT
Logano admits he should’ve given Patrick more space on the race track two weekends ago.
Oct 21, 2014, 4:40 PM EDT
Extended interviews with Kevin Harvick, Jeff Gordon, Brad Keselowski, and Carl Edwards also coming up on today’s episode of NASCAR AMERICA.
Oct 21, 2014, 3:40 PM EDT
A source tells Reuters that the legal action is not expected to impact the racing activities of the team, which is owned by a separate entity.
Oct 21, 2014, 2:30 PM EDT
Denny Hamlin, Ryan Newman, Matt Kenseth, and Carl Edwards can launch themselves into the Championship at Homestead with a win this weekend.
Oct 21, 2014, 2:00 PM EDT
Kyle Fowler joins the Sprint Cup grid at Martinsville.
Oct 21, 2014, 1:12 PM EDT
NASCAR says damage sustained during Sunday’s GEICO 500 was the cause of his car being too low in post-race inspection.
Oct 21, 2014, 12:55 PM EDT
The Indy Lights grid is beginning to take shape for 2015.
Oct 21, 2014, 12:22 PM EDT
Total’s CEO dies in plane crash; this could have motorsports impact.
Oct 21, 2014, 12:00 PM EDT
Porsche provides five young drivers shot to learn and further integrate themselves with the brand.
Oct 21, 2014, 11:00 AM EDT
A blind 16-year-old gets to live his dream and have a brief chance behind the wheel.
Oct 21, 2014, 10:00 AM EDT
Kurt Busch, Susie Wolff join Race of Champions lineup.
Oct 21, 2014, 9:00 AM EDT
Andretti Sports Marketing explains some of the tricks to the trade in promoting new race events, with Miami and NOLA set for 2015.
Oct 21, 2014, 8:00 AM EDT
LA Galaxy’s Chandler Hoffman first up in “What’Cha Got” presented by Continental Tire show to drive a Lamborghini.
Oct 20, 2014, 9:30 PM EDT
Six different teams are represented among the eight remaining Chasers, and NASCAR’s post-season is starting to resemble another familiar tournament. NASCAR AMERICA’s Kyle Petty and Jeff Burton discuss.
Oct 20, 2014, 8:32 PM EDT
Newman, one of the “Eliminator 8,” may be penalized tomorrow by NASCAR after his car was found to be too low following Sunday’s race at Talladega. Nate Ryan has more on the situation.
Oct 20, 2014, 7:15 PM EDT
Notes and numbers to keep in mind as the 8 remaining Chasers prepare to begin the Eliminator Round.
Oct 20, 2014, 6:15 PM EDT
Recapping Talladega on NASCAR AMERICA.
Video from NASCAR America
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- Total CEO dies in Moscow plane crash 1
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