Vital F1 | Caterham receive helping hand from Bernie
Vital Login
Social Login

Other Sites

Network Navigation

Vital Partners

'If It's F1, It's Vital'

Caterham receive helping hand from Bernie

Formula One supremo Bernie Ecclestone has come to the aid of Caterham.

The Caterham Formula One team are returning to the grid for the 2014 season finale in Abu Dhabi.

Caterham fell into administration last month and missed the subsequent races in the United States of America and Brazil.

A controversial crowd-funding project which was launched at the Brazilian Grand Prix has raised 1.9million and has provided the springboard to get them into the F1 paddock.

The figure is still a short of the previously announced target of 2.35million which was set to get Caterham back on the grid in Abu Dhabi, however administrator Finbarr O'Connell is confident the figure can be achieved as he is close to signing a contract which will 'press the green button'.

That is likely to be an auction for drive for the entire race weekend.

Whilst Kamui Kobayashi will remain with the team, his 2014 team-mate Marcus Ericsson has severed ties with the team ahead of his move to Sauber for 2015.

That leaves O'Connell of Smith & Williamson free to negotiate with a second pay driver to hopefully plug the financial gap.

A perhaps unexpected added help has come from Formula boss Bernie Ecclestone who has waived the freight costs and chartered a plane for staff attending the season-ending race.

'They wanted to go, so we've transported them at no cost to them,'

'We've at least helped them to some degree, something we need not have done,'
Ecclestone told the BBC.

'We've even chartered another plane to take them.

'We've gone a little bit over the top, but anyway, we've done it.'


Meanwhile Marussia's hopes of an eleventh hour reprieve have ended.

The team was formally wound up two weeks ago by their administrator, but talks with a potential investor had been ongoing.

However those talks have now ended and with it any hope of saving the team.








Join Vital F1

It's easy to join up and join in on VitalF1.com, simply click the link and enjoy getting involved!

If you are already a member of Vital Football, your logins will automatically work on VitalF1.com!

The Journalist

Writer: Red5 Mail feedback, articles or suggestions

Date:Thursday November 20 2014

Time: 11:00AM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Vital F1 Articles

Who will win in Russia? (Monday April 24 2017)

Grid penalty for Sainz in Russia (Thursday April 20 2017)

Mercedes to implement team orders? (Wednesday April 19 2017)

Blog: Bahrain GP Report (Monday April 17 2017)

2017 Bahrain GP - Race (Sunday April 16 2017)

Blog: Sakhir Qualifying (Saturday April 15 2017)

2017 Bahrain GP - Qualifying (Saturday April 15 2017)

2017 Bahrain GP - FP3 (Saturday April 15 2017)

2017 Bahrain GP - FP2 (Friday April 14 2017)

2017 Bahrain GP - FP1 (Friday April 14 2017)

Blog: Sakhir Preview (Wednesday April 12 2017)

Who will win in Bahrain? (Tuesday April 11 2017)

Hamilton loving battle with Vettel (Tuesday April 11 2017)

Blog: Chinese GP Report (Monday April 10 2017)

2017 China GP - Race (Sunday April 9 2017)

Blog: Shanghai Qualifying (Saturday April 8 2017)

2017 China GP - Qualifying (Saturday April 8 2017)

2017 China GP - FP3 (Saturday April 8 2017)

2017 China GP - FP2 (Friday April 7 2017)

2017 China GP - FP1 (Friday April 7 2017)

Blog: Shanghai Preview (Wednesday April 5 2017)

Honda to supply Sauber? (Wednesday April 5 2017)

Who will win in China? (Monday April 3 2017)

Mixed feelings for Red Bull (Friday March 31 2017)

Blog: Australian GP Report (Monday March 27 2017)

2017 Australia GP - Race (Sunday March 26 2017)

2017 Australia GP - Qualifying (Saturday March 25 2017)

2017 Australia GP - FP3 (Saturday March 25 2017)

2017 Australia GP - FP2 (Saturday March 25 2017)

2017 Australia GP - FP1 (Saturday March 25 2017)

More calls to ban the shark fins (Friday March 24 2017)

Renault call for engine budget cap (Thursday March 23 2017)

Blog: Melbourne Preview (Thursday March 23 2017)

Renault can improve - Hopefully (Friday March 17 2017)

McLaren looking shaky (Wednesday March 15 2017)

Surtees dies aged 83 (Tuesday March 14 2017)

Ferrari end second test on top (Monday March 13 2017)

F1 ratings in UK collapse (Friday March 10 2017)

Brawn pushing for cash race for teams (Wednesday March 8 2017)

Ferrari on top in the wet (Friday March 3 2017)

New deal for Russian Grand Prix (Friday March 3 2017)

Merc and Ferrari pick up the pace (Thursday March 2 2017)

Ferrari faster than Mercedes? (Wednesday March 1 2017)

Bottas sees Hamilton as great challenge (Tuesday February 28 2017)

Horner calls for shark fin ban (Tuesday February 28 2017)

Alonso held talks with Mercedes (Monday February 27 2017)

Bottas targets F1 title (Friday February 24 2017)

Renault take Red Bull aero expert (Thursday February 23 2017)

Pirelli already making excuses? (Thursday February 23 2017)

Williams adds new head of aerodynamics (Wednesday February 22 2017)

Renault engine can beat Mercedes (Wednesday February 22 2017)

Allison announced at Mercedes (Tuesday February 21 2017)

New deals for Wolff and Lauda (Monday February 20 2017)

Wehrlein sidelined due to back injury (Monday February 20 2017)

Williams backs F1 budget cap (Monday February 20 2017)

Sauber launch 2017 car (Monday February 20 2017)

Hamilton sends warning shot to Bottas (Friday February 17 2017)

F1 to break the US market (Thursday February 16 2017)

Rosberg doesn't agree with his replacement (Wednesday February 15 2017)

F1 pecking order unlikely to change (Tuesday February 14 2017)

Important Pirelli tyre test ends early (Monday February 13 2017)

Todt believes F1 doesn't need changing (Thursday February 9 2017)

Ford not interested in joining F1 (Tuesday February 7 2017)

Wolff backs Bernie's influence (Monday February 6 2017)

2017 Formula One Calendar (Friday February 3 2017)

Brawn becomes F1 director (Thursday February 2 2017)

Archived Vital F1 Articles

List All Vital F1 Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. DJ 1132
2. Red5 1112
3. The Fear 773
4. Villaininthemerde 612
5. johnkelv 600
6. Druss_the_Legend 582
7. Push The Button 497
8. col8 334
9. The Intimidator 202
10. VanGisbergen2013 152

Current Site Poll (view all polls)

Who will win in Russia?
Vettel 31%
Hamilton 32%
Raikkonen 7%
Bottas 3%
Verstappen 14%
Ricciardo 3%
Someone else 10%