Tagged: formula one

Brief: Caterham F1 Racing Team Reportedly Receives £75,000 Profit From Crowdcube Campaign

Last month, Caterham F1 racing team launched a crowdfunding campaign on Crowdcube to raise £2.3 million to get to the season finale in Abu Dhabi Grand Prix. The project became super popular and even raised 1.1 million during its first three days on the platform…. Read More

Formula One’s Bernie Ecclestone Lends a Helping Hand to Caterham’s Racing Team

With excitement continuing to build for the Abu Dhabi Grand Prix this weekend, Formula One’s chief executive, Bernie Ecclestone, announced that he helped pay for the transportation of the Crowdcube-success Caterham F1’s team. Earlier this month, Caterham launched a campaign on the crowdfunding platform to raise funds for… Read More

Caterham F1 Issues Redundancy Letters to Backroom Staff Following Crowdfunding Success

Last Friday (November 14th), Caterham F1 announced the exciting new that it will making its way to the Abu Dhabi Grand Prix this upcoming Saturday (November 22nd) all thanks to its 7-day crowdfunding campaign on Crowdcube, raising £2m of the £2.35m target. Unfortunately, during the same… Read More

Caterham F1’s Administrator O’Connell: I Still Believe We’ll Race in Abu Dhabi Even if the Crowdcube Campaign Fails

With less than 36 hours until its crowdfunding campaign on Crowdcube comes to an end, it appears that Caterhams F1 goal to raise £2.3 million to get to Abu Dhabi Grand Prix may fall short and end around £1.3. As previously reported, the team is currently undergoing a restructuring… Read More

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