Translated material
Due to financial problems, Katerham will miss two formula-1 races 1
The riders of the Katerham team with the permission of the Formula 1 General promoter Bernie Ecclestone will not take part in the US Grand Prix and the Grand Prix of Brazil due to financial problems.
On Friday, the owners of Katerham handed over to the commanders of the administrators of the audit company Smith & Williamson, which confirmed that the "stable" would not be able to participate in races in the USA and Brazil.
The non-participation in the Grand Prix would be a violation of the contract with the copyright holder, but the team received official permission from the Formula 1 boss.
"Mr. Ecclestone agreed to support the administrators in the desire to sell the Formula-1 team with a group that has sufficient financial strength in order to maintain a team in the future. He also agreed to give permission from Katerham to pass the stages in the United States and Brazil, in the hope that the new owner will be able to send the Abu Daby Grand Prix team," Sky Sports quotes the text Applications of the International Automobile Federation (FIA).
It should be noted that on Thursday the Katerham plant was temporarily closed in Lifield (England), on which the teams of the team were produced and served.