F1 team Caterham in chaos as Tony Fernandes threatened with legal action
Consortium claims Fernandes did not transfer shares Ex-owner Fernandes hints that he was not paid
Tony Fernandes faces legal action by the owners of Caterham as the Formula One team stand on the brink of going out of business.
Caterham were bought from Malaysian entrepreneur Fernandes at the end of June by a consortium of Swiss and Middle Eastern businessmen, since when the organisation has been forced to deal with numerous difficulties. Already facing an unlawful dismissal suit by a group of more than 30 staff axed over the summer, on Monday a supply company to the team Caterham Sports Ltd was placed in administration.
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