The Caterham Formula One team have made 230 staff redundant while still planning to race in next weekend's Abu Dhabi season-ender, an administrator said on Sunday.
The Caterham Formula One team will race in next week's Abu Dhabi season-ender despite still falling short of a targeted 2.35 million pounds ($3.7 million) to get them there, an administrator said.
Honda's new V6 turbo hybrid Formula One engine will make its track debut at Silverstone on Friday in the back of a McLaren development car.
World No 4 Petra Kvitova sealed the Fed Cup title for the Czech Republic by beating Angelique Kerber 7-6, 4-6, 6-4 to give her country an unbeatable 3-0 lead over Germany in the final on Sunday.
A French doctor treating former Formula One champion Michael Schumacher said on Thursday that the German driver was making progress, but will need years to recover.
The British-based Marussia Formula One team reached the end of the road on Friday with some 200 staff told the company has ceased trading and they are being made redundant.
Sahara India needs to pay back $5.3 billion, raised from millions of small investors through the sale of bonds ruled by the Supreme Court to be illegal, before founder Subrata Roy can be released.
