Caterham Support
- Jabberwocky
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Re: Caterham Support

A racing car that does not win, is just art
- myownalias
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Re: Caterham Support
Jabberwocky wrote:http://www.independent.co.uk/news/uk/crime/police-launch-copyright-inquiry-into-britain-first-for-using-the-queens-crown-without-permission-9859743.html
Are Caterham now part of BNP splinter group, Britain First now?

myownalias • The Englishman in Kansas • Twitter: @myownalias
- Jabberwocky
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Re: Caterham Support
Lol nope just phone not copying links lol

A racing car that does not win, is just art
- Jabberwocky
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Re: Caterham Support
https://uk.eurosport.yahoo.com/news/for ... 6--f1.html
http://joesaward.wordpress.com/2014/11/ ... eal-world/
http://joesaward.wordpress.com/2014/11/ ... eal-world/

A racing car that does not win, is just art
- myownalias
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Re: Caterham Support
There is an interesting statement made in the comments on Joe Saward's blog...
"The point is that Caterham does not HAVE to be there. The team is allowed by the secret rules to miss three races each year, if necessary."
Is there a special dispensation for Caterham, or all teams, or is it a complete pile of
?
"The point is that Caterham does not HAVE to be there. The team is allowed by the secret rules to miss three races each year, if necessary."
Is there a special dispensation for Caterham, or all teams, or is it a complete pile of

myownalias • The Englishman in Kansas • Twitter: @myownalias
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Re: Caterham Support
I have been thinking about this. A few years ago I read up on administrative rules (it was when Woolworths went bust)
The moment the administrators take over the old management team have no control. Which in the joe Saward letter the guy seems to believe he was fired by Fernandez.
When the administers take over. All bank accounts are seized and all creditors have to wait for the process to finish before they get any money.
The administers open new accounts and all debt/credit from then on is there responsibility. So if that guy was fired yesterday he should get paid now for the time the administrators have been in control.
The need to reduce out goings, so assuming this guy is not essential over the off season (think machinist)
As for the crowd funding to only fold the team later. Interesting. Isn't there a 3 million pound payment for every race they attend from TV rights? So spending 2 and a bit to make 3 sounds like good business sense. Especially if the company does not have to pay put the 2 million to start with.
The moment the administrators take over the old management team have no control. Which in the joe Saward letter the guy seems to believe he was fired by Fernandez.
When the administers take over. All bank accounts are seized and all creditors have to wait for the process to finish before they get any money.
The administers open new accounts and all debt/credit from then on is there responsibility. So if that guy was fired yesterday he should get paid now for the time the administrators have been in control.
The need to reduce out goings, so assuming this guy is not essential over the off season (think machinist)
As for the crowd funding to only fold the team later. Interesting. Isn't there a 3 million pound payment for every race they attend from TV rights? So spending 2 and a bit to make 3 sounds like good business sense. Especially if the company does not have to pay put the 2 million to start with.

A racing car that does not win, is just art
- Jabberwocky
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Re: Caterham Support

A racing car that does not win, is just art
- LRW
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- Jabberwocky
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- LRW
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Re: Caterham Support
Jabberwocky wrote:Bet he does not score any points
I bet you a chomp bar he does.

- Jabberwocky
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Re: Caterham Support

A racing car that does not win, is just art
- Ichabod
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Re: Caterham Support
LRW wrote:Jabberwocky wrote:Bet he does not score any points
I bet you a chomp bar he does.
make it a curly surly and I'll be in on that action

- LRW
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Re: Caterham Support
Ichabod wrote:LRW wrote:Jabberwocky wrote:Bet he does not score any points
I bet you a chomp bar he does.
make it a curly surly and I'll be in on that action
Woooah! Calm down son - I dont roll that big.

- Jabberwocky
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Re: Caterham Support
LRW wrote:Jabberwocky wrote:Bet he does not score any points
I bet you a chomp bar he does.
Mmm chomp bar

A racing car that does not win, is just art
- Jabberwocky
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- Joined: 31 Jul 07, 19:51
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Re: Caterham Support
http://www.forbes.com/sites/csylt/2014/ ... just-1-60/
An interesting read
Sent from my SM-N910F using Tapatalk
An interesting read
Sent from my SM-N910F using Tapatalk

A racing car that does not win, is just art