The long-term future of Caterham has been in doubt for several weeks now, but the team have been attempting to keep their 2014 season going at least, with a crowdfunding campaign. They managed to raise over £1 million but that was short of their target of over £2 million. Nevertheless, the administrators have confirmed that Caterham will be present and racing at the season finale in Abu Dhabi next week.
A statement from the team says: “We set ourselves a major challenge, but it’s definitely been worth it. In only a week, the fans have made the impossible, possible… We now head to Abu Dhabi ready to show what a hard-working and positive group of people this is and to hopefully secure a future for the team.”
Meanwhile, double champion Fernando Alonso has said the small teams are vital to Formula One’s future, having started himself in a Minardi in 2001. He said: “All the drivers need the same possibility to start with small teams. We need everyone in the sport, more teams and more things happening around F1 will help.”
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References Fernando Alonso
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