7msports > Racing Video > Confusion surrounds Formula One team Caterham
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Intro:
Confusion surrounds the future of struggling Formula One team Caterham, amid a legal dispute between the old and new owners ahead of next week's United States Grand Prix.
Script:
A Caterham statement on behalf of a consortium that took over the F1 team in June from Tony Fernandes threatens action against the Malaysian tycoon.
They say Fernandes has failed to transfer shares that would guarantee their purchase of the team, and so have withdrawn all management.
Fernandes has effectively been informed he is again in charge four months after ending his involvement with Caterham.
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Confusion surrounds Formula One team Caterham
Friday, October 24 2014Category:Racing
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