Caterham Sports Limited assets will be sold during the next few months, marking the end of the road for the small Formula 1 team.
Acting for the Joint Administrators Finbarr O’Connell, Henry Shinners and Anthony Spicer of Smith & Williamson, Wyles Hardy & Co have been instructed to realize the assets of the Caterham F1 race team.
A series of on-line timed auction sales will be held covering the race equipment, engineering facility, F1 memorabilia, IT and communications, office furniture as well as private treaty sales for the Brookland Speed International race trailer fleet, the state of the art Ansible Motion P003 race simulator, Dell HPC super computer as well as autoclaves.
The first auction will focus on the race support and pit lane equipment including the 2014 CT05 chassis’ and show cars and is scheduled for early March.
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The end of the road for Caterham. (Photo: Caterham Facebook) |