Published On: Mon, May 21st, 2018

Creditors set to lose £23m as Caterham hits the pits

CREDITORS of the collapsed Formula One team Caterham are on track to lose £23 million, after administrators said there are insufficient funds to pay them, writes Christian Sylt. Oxfordshire-based Caterham Sports has been in administration since 2014, but documents filed last week show that the process of closing the company is nearing its final lap.
Daily Express :: City and Business Feed

About the Author

-

Creditors set to lose £23m as Caterham hits the pits