Caterham – F1’s Orphan

Sylvester Stallone’s Champ Car movie Driven is often held up as the pinnacle of ludicrous soap opera when it comes to open wheel racing, closely followed in the real world by the setting up of Indy Racing League, the Donington imaginary British Grand Prix farce and the Lola MasterCard team.

But now we have a new ridiculous story to follow, which threatens to make a car launching into a trackside lake seem almost plausible by comparison.

Caterham, the gift that keeps on giving.

Many teams have folded over the years – but few have actually met their demise because all possible owners disavowed actually owning the team. The result has been an orphaned entity, with its operational division headed up by an unknown individual, and its license holding entity owned by god only knows who.

For an entity purportedly owned by (depending on who you believe) a Malaysian, or a Swiss Arab consortium, there do appear to be a lot of Romanians circling around in various roles and functions.

No doubt the reason for this will all become clear one day, but if farcical corporate behaviour floats your boat, this sorry story really does have everything.

Colin Kolles’ father, who records at Companies House show resigned as a director of Caterham Sports Ltd 2 days after the Singapore Grand Prix, got out just in time.

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