Caterham F1 sale officially confirmed

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Following a couple weeks of speculation, the sale of the Caterham F1 Team has been confirmed on Wednesday. The team’s base in Leafield and name of Caterham F1 Team will stay for what the team termed “the foreseeable future.”

Colin Kolles is back in the game and will head up the group of Swiss and Middle Eastern investors, taking over from Tony Fernandes and his partners at the top of the organization. According to veteran F1 scribe Adam Cooper, Kolles will be a Caterham consultant.

Kolles’ F1 history includes stints with the team now known as Force India, previously known as Jordan, Midland, MF1 and Spyker. He also was involved with the HRT team during its stint.

Additionally, former Minardi Formula One driver Christijan Albers and Manfredi Ravetto will take over day-to-day operations of the race team.

Said Albers in a statement, “We are aware of the huge challenge ahead of us given the fight at the bottom end of the Championship and our target now is to aim for tenth place in the 2014 Championship. We are very committed to the future of the team and we will ensure that the team has the necessary resources to develop and grow and achieve everything it is capable of.”

Albers and Kolles have been linked for several years both in F1 and in sports car racing. Albers drove for Spyker in 2007, when Kolles was the team principal. Once Kolles moved to Le Mans, the Dutchman raced an Audi R10 TDI in Le Mans.

Albers is also set to drive the Lotus P1/01 AER in the FIA World Endurance Championship for several races later this year (the Lotus is not affiliated with Caterham, because the Caterham/Lotus/Lotus history is already confusing enough as it is). Kolles had been involved in a Lotus LMP2 project last year.

Meanwhile, Cyril Abiteboul has left the team to pursue other opportunities.

No mention was made of changing the team’s driver lineup, with Kamui Kobayashi and Marcus Ericsson competing this year and a deep pipeline of test drivers that include Alexander Rossi, Rio Haryanto and Will Stevens, with the latter two scheduled to test in Silverstone next week.

Racing world reacts to Danica Patrick’s Daytona, Indy double news

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Here’s a sampling of quotes and social media reaction to Danica Patrick’s news announced earlier Friday that this would be her last full-time season as a driver, and that she’ll race in the Daytona 500 and Indianapolis 500 only in 2018.

This ends a full-time stretch in the top flights of NASCAR and IndyCar. She was in NASCAR from 2012 through 2017, and IndyCar from 2005 through 2011.

Her’s her own post on Twitter and Instagram.

Well…. 2018 Daytona 500 and Indy 500 here I come. 🙌🏼

A post shared by Danica Patrick (@danicapatrick) on

IMS President J. Douglas Boles

“We’re glad Danica plans to return to the Indianapolis 500 presented by PennGrade Motor Oil next May,” IMS President J. Douglas Boles said. “Her final career start will make what’s already shaping up to be a terrific Month of May even more interesting for our fans.

“It’s also fitting that Danica is wrapping up her career at the place and in the race where she became a household name and captured the world’s attention in 2005 – the Indianapolis Motor Speedway and the Indianapolis 500. We’re looking forward to seeing her back in an Indy car next May alongside all of the tremendous drivers of the Verizon IndyCar Series.”

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