Ever since the bankrupt Caterham F1 Team launched its crowd-funding campaign to get back on the grid, everyone's been wondering which drivers it would be bringing to Abu Dhabi – especially since one of its usual drivers jumped the sinking ship for Sauber. But now they need wonder no more as the team has announced it's giving Marcus Ericsson's seat to newcomer Will Stevens.
Caterham F1 Team
When the chips were down, and looked down for the count, the Caterham F1 Team launched a crowd-funding campaign to get back on the grid in time for the season finale. And now, it seems, they have succeeded.
The Caterham F1 Team, as has been widely reported, has fallen on hard times, with its new owners apparently unable to fund the effort and new investors hard to come by. But the team has found what could be at least an interim solution.
You might have thought that the Caterham F1 team, currently sitting dead last in the standings without a single championship point to its name, had already hit rock bottom and couldn't sink any lower. But apparently it has. As we reported just recently, Caterham Sports Limited – the factory that produces the F1 cars that the team fields in the FIA Formula One World Championship – was facing bankruptcy. And now, it seems, the team itself could fall apart as well.
While we've seen professional racing drivers bounce back and forth between disciplines, generally speaking, a racer has to choose at some point in his career what he's going to focus on: stock cars, single-seaters, rally, touring cars, endurance prototypes...But we've been seeing a lot of exceptions to that rule in recent years, and the latest exception is André Lotterer.
A little over a month ago, rumors surfaced that Tony Fernandes was planning to sell Caterham. The company subsequently refuted the rumors, but now we appear to have the truth: while the automaker responsible for building continuation Lotus Seven street cars isn't going anywhere, the Formula One team is.