[F1] F1 nieuwtjes topic deel 154: Pedal to the Metal

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By order of The Sheriffs Office, authorised High Court Enforcement Officers, we hereby announce the impending sale of goods seized and removed from a Formula One team.

The goods include but are not limited to:

Caterham F1 test car (2013)
Caterham F1 car parts (due for Japan 2014)
Full size 6 DOF motion platform F1 simulator
Caterham F1 steering wheels
F1 wheels with tyres
High quality drilling & machining equipment
Caterham & Lotus F1 memorabilia
Various pit lane equipment including jacks, pumps and starters
TVs, monitors and other goods and equipment

We can confirm the goods have been removed from the Leafield enforcement address and are in secure storage.

The goods are to be sold by public auction to the highest bidder.

Sale by private treaty may be permissible with leave of the court.

The date and location of the sale are yet to be confirmed but early indications are mid-October at a UK location. Interested parties should contact auctions@thesheriffsoffice.com to register their interest.

Alternatively please follow us on Twitter @sheriffsonline where updates will be posted as soon as information is received.

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TJ13 was informed this afternoon that Bailiffs and the Police were called to the Leafield site, the home of Caterham F1. The staff were instructed to turn off the servers and leave the premises immediately.

This follows previous visits both last week and this from the Bailiffs, who were seeking on Monday to arrange for the removal of the autoclave. Old Lotus framed shirts were removed from the premises today.

John Iley informed sceptical staff to return as normal tomorrow, when the problems would be ‘ironed out’.

TJ13 reported an emergency meeting of the staff of Caterham was held on Monday, where it was repeated again that the problems the team were facing were due to ‘surprises’ (unpaid bills) left behind by the previous owner Tony Fernandes.

Apparently the Caterham team owe an 8 digit sum to a range of suppliers, mainly Renault and Red Bull for engine and gear box supply.

The 2013 cars were removed from the facility on Monday, though the mainstream media were informed this was to facilitate an F1 demonstration in Jerusalem. One concerned member of staff questioned whether this was in fact true, as show events require the attendance of just one car.

The race team were reportedly fed by other teams during the Singapore GP weekend, though no clear explanation for this has emerged.

Of course, were the Caterham outfit to fold, and a new team lined up to enter Formula One in the future – say offer, 10 pence in the pound for the assets of the company, this would be a most cost effective manner of acquiring the necessary equipment and even Intellectual Property for the 2015 car, to eventually go racing.

The mysterious nature of the new ‘Swiss based Arab’ investors has led those with questioning minds to believe not all was well with the alleged sale of the business by Fernandes before Silverstone.

Caterham Team Principal Manfredi Ravetto asserted at the Singapore GP that the new investors wished to remain anonymous because they had no interest in publicity, just ‘making a profit’. Formula One teams on the brink of collapse and due no monies for next year from FOM – do not fit this profile.

It has been suggested to TJ13 that in fact the formal transfer of the shares in the company which holds the racing license for Caterham F1 was never completed, due to disagreements over whether the debts of the team should be paid up by Fernandes or the new owners.

Should the team be wound up, it is convenient that there is no one publicly to hold to account. Fernandes claims to have sold the business but to whom we do not know.

Meantime, Kolles has been forcing ahead the development of the 2015 car, such that the tub has been designed and is good to go.

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Op woensdag 1 oktober 2014 17:51 schreef Geralt het volgende:

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Ik haal die altijd door de war met die met haar oog achterop die laadklep reed. De namen lijken niet op elkaar maar toch op een of andere manier weer wel. In mijn brein dan. Zeker in beschonken toestand kan ik niet zeggen wie wie is, want zelfs nuchter moet ik daar heel erg over nadenken.

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Op donderdag 2 oktober 2014 00:12 schreef sasquatsch het volgende:
Nog meer informatie.
Caterham’s doors closed in Leafield

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Op donderdag 2 oktober 2014 10:18 schreef Lokale_Notabele het volgende:

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Tja, die Arabische investeerders bestaan natuurlijk niet. Dit was gewoon weer wanhopige poging nummer zoveel van Colin Kolles om een Formule 1 team te runnen zonder budget. Hij zal ongetwijfeld niks betaald hebben toen hij het team overnam van Fernandes. Die wilde gewoon af van dit team wat als een molensteen om zijn nek hing.

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Op donderdag 2 oktober 2014 10:35 schreef aloa het volgende:
WKN / Tyfoon bedreiging voor Japan (F1 Suzuka)

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Op donderdag 2 oktober 2014 11:04 schreef aloa het volgende:

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Kans is groot dat het een waterballet gaat worden.

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Op donderdag 2 oktober 2014 12:24 schreef Beach het volgende:
Ik neem aan dat Caterham gewoon racet in Japan omdat alles wat ze nodig hebben daar al is?

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Op donderdag 2 oktober 2014 12:26 schreef Geralt het volgende:

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Dat heeft toch geen zin meer man. Trek gewoon de stekker eruit.

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Op donderdag 2 oktober 2014 12:33 schreef Peterselieman het volgende:

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ja, maar daarna zal het wel over en uit zijn lijkt me