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Caterham F1
The Caterham F1 Team was a Malaysian, later British owned Formula One team based in the United Kingdom which raced under a Malaysian licence. The Caterham brand competed in the Formula One World Championship from 2012 to 2014, following the acquisition of British sportscar manufacturer Caterham Cars by former owner and team principal Tony Fernandes, forming the Caterham Group.
In July 2014, Tony Fernandes and his partners announced that they had sold the team to a consortium of Swiss and Middle Eastern investors. The "Caterham" name was later used under licence after the Caterham Group separation.
In October 2014, Caterham entered administration and did not attend a race weekend for the first time in its history beginning from the United States Grand Prix. In November 2014, after also missing the Brazilian Grand Prix, Caterham became the first F1 team ever to resort to crowdfunding, enabling it to race at the final Grand Prix for 2014 and take part in end of season testing both held in Abu Dhabi. On 27 February 2015, the Fédération Internationale de l'Automobile (FIA) published a revised entry list with Manor Marussia being reintroduced and Caterham being removed from the list, and by March of the same year, the team's assets were put up for auction, spelling the official demise of the team.
Fernandes's team originally entered Formula One in 2010 as Lotus Racing, using the Lotus name under licence from Group Lotus. Dubbed as 1Malaysia F1, the team was operated by 1Malaysia Racing Team Sdn Bhd. The project was part of the former Prime Minister Najib Razak's 1Malaysia initiative. When Proton – the parent company of Group Lotus – terminated the licence, Fernandes acquired the privately owned Team Lotus name for use in the 2011 season. As Proton began legal proceedings against the team, Fernandes acquired Caterham Cars. In November 2011, the team applied to the Formula One commission to formally change their constructor name for the 2012 season from Lotus to Caterham, while Renault changed their name to Lotus. Permission was granted before being formally ratified at a meeting of the FIA World Motor Sport Council. The team finished 10th in the Constructors' Championship in 2011, with three 13th-place finishes (two from Trulli, one from Kovalainen).
Trulli and Kovalainen re-signed with the team, under its new guise of Caterham, for the 2012 season.
On 18 January 2012, it was announced that the team would be moving to the Leafield Technical Centre in Leafield, Oxfordshire, the previous headquarters of both Arrows and Super Aguri F1 teams. The Caterham CT01 was the first car the team had built to run KERS.
On 17 February, the team announced that Vitaly Petrov would replace Trulli alongside Kovalainen for the 2012 season. Trulli was unsatisfied with the lack of development and he himself asked from the team if he could be replaced with another driver. Mark Smith took over pitwall operations from Group CTO Mike Gascoyne starting from the Chinese Grand Prix.
The Caterham car looked slower than expected at the beginning of the season. However, Caterham quickly found pace through Kovalainen, who made it into Q2 for the Bahrain Grand Prix, eliminating Michael Schumacher in the process. At the Monaco Grand Prix, Kovalainen achieved a season's best thirteenth place, staving off McLaren's Jenson Button until the latter spun trying to overtake him. Kovalainen again made it into the second part of qualifying, in Valencia, qualifying 16th for the race, after eliminating both Toro Rossos and title contender Mark Webber with the final lap of the first session. Caterham continued their good form into the race with both Kovalainen and Petrov running well until Kovalainen collided with Toro Rosso's Jean-Éric Vergne. The incident caused a safety car, but Kovalainen recovered to finish 14th behind Petrov, who managed what was at this point the team's joint best finish in 13th. At the British Grand Prix, an engine failure on Vitaly Petrov's Caterham on his way round to the grid meant he had to return to the pits and retire the car before the race had even begun. The team then went on to secure 10th place in the Constructors' Championship, pipping Marussia at the final post, after a hard last race where Vitaly Petrov achieved a team record-breaking 11th-place finish in front of Charles Pic while Kovalainen finished in 14th behind STR-Ferrari's Daniel Ricciardo.
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Caterham F1
The Caterham F1 Team was a Malaysian, later British owned Formula One team based in the United Kingdom which raced under a Malaysian licence. The Caterham brand competed in the Formula One World Championship from 2012 to 2014, following the acquisition of British sportscar manufacturer Caterham Cars by former owner and team principal Tony Fernandes, forming the Caterham Group.
In July 2014, Tony Fernandes and his partners announced that they had sold the team to a consortium of Swiss and Middle Eastern investors. The "Caterham" name was later used under licence after the Caterham Group separation.
In October 2014, Caterham entered administration and did not attend a race weekend for the first time in its history beginning from the United States Grand Prix. In November 2014, after also missing the Brazilian Grand Prix, Caterham became the first F1 team ever to resort to crowdfunding, enabling it to race at the final Grand Prix for 2014 and take part in end of season testing both held in Abu Dhabi. On 27 February 2015, the Fédération Internationale de l'Automobile (FIA) published a revised entry list with Manor Marussia being reintroduced and Caterham being removed from the list, and by March of the same year, the team's assets were put up for auction, spelling the official demise of the team.
Fernandes's team originally entered Formula One in 2010 as Lotus Racing, using the Lotus name under licence from Group Lotus. Dubbed as 1Malaysia F1, the team was operated by 1Malaysia Racing Team Sdn Bhd. The project was part of the former Prime Minister Najib Razak's 1Malaysia initiative. When Proton – the parent company of Group Lotus – terminated the licence, Fernandes acquired the privately owned Team Lotus name for use in the 2011 season. As Proton began legal proceedings against the team, Fernandes acquired Caterham Cars. In November 2011, the team applied to the Formula One commission to formally change their constructor name for the 2012 season from Lotus to Caterham, while Renault changed their name to Lotus. Permission was granted before being formally ratified at a meeting of the FIA World Motor Sport Council. The team finished 10th in the Constructors' Championship in 2011, with three 13th-place finishes (two from Trulli, one from Kovalainen).
Trulli and Kovalainen re-signed with the team, under its new guise of Caterham, for the 2012 season.
On 18 January 2012, it was announced that the team would be moving to the Leafield Technical Centre in Leafield, Oxfordshire, the previous headquarters of both Arrows and Super Aguri F1 teams. The Caterham CT01 was the first car the team had built to run KERS.
On 17 February, the team announced that Vitaly Petrov would replace Trulli alongside Kovalainen for the 2012 season. Trulli was unsatisfied with the lack of development and he himself asked from the team if he could be replaced with another driver. Mark Smith took over pitwall operations from Group CTO Mike Gascoyne starting from the Chinese Grand Prix.
The Caterham car looked slower than expected at the beginning of the season. However, Caterham quickly found pace through Kovalainen, who made it into Q2 for the Bahrain Grand Prix, eliminating Michael Schumacher in the process. At the Monaco Grand Prix, Kovalainen achieved a season's best thirteenth place, staving off McLaren's Jenson Button until the latter spun trying to overtake him. Kovalainen again made it into the second part of qualifying, in Valencia, qualifying 16th for the race, after eliminating both Toro Rossos and title contender Mark Webber with the final lap of the first session. Caterham continued their good form into the race with both Kovalainen and Petrov running well until Kovalainen collided with Toro Rosso's Jean-Éric Vergne. The incident caused a safety car, but Kovalainen recovered to finish 14th behind Petrov, who managed what was at this point the team's joint best finish in 13th. At the British Grand Prix, an engine failure on Vitaly Petrov's Caterham on his way round to the grid meant he had to return to the pits and retire the car before the race had even begun. The team then went on to secure 10th place in the Constructors' Championship, pipping Marussia at the final post, after a hard last race where Vitaly Petrov achieved a team record-breaking 11th-place finish in front of Charles Pic while Kovalainen finished in 14th behind STR-Ferrari's Daniel Ricciardo.