LONDON, Oct 24 - The Caterham Formula One team has been handed over to an administrator in a race against time to find a new owner and stay in the sport.
Oct 24 (Infostrada Sports) - Leg 2 Classification from the Rally of Spain on Friday 1. Sebastien Ogier (France) Volkswagen 1:29:04.000 2. Jari-Matti Latvala (Finland) Volkswagen +00:36.600 3. Mads Ostberg (Norway) Citroen 00:37.200 4. Andreas Mikkelsen (Norway) Volkswagen 00:37.300 5. Mikko Hirvonen (Finland) Ford 00:41.400 6. Robert Kubica (Poland) Ford 00:57.000 7. Daniel Sordo (Spain) Hyundai 01:24.900
LONDON, Oct 24 - Caterham Formula One have agreed to hand over management of the team to administrator Finbarr O'Connell, they said on Friday.
Oct 23 (Infostrada Sports) - Leg 1 Classification from the Rally of Spain on Thursday 1. Andreas Mikkelsen (Norway) Volkswagen 03:39.100 2. Sebastien Ogier (France) Volkswagen +00:01.800 3. Thierry Neuville (Belgium) Hyundai 00:02.900 4. Jari-Matti Latvala (Finland) Volkswagen 00:03.100 5. Daniel Sordo (Spain) Hyundai 00:03.600 6. Kris Meeke (Britain) Citroen 00:04.000 7. Mads Ostberg (Norway) Citroen 00:04.600
PARIS, Oct 23 - A doctor who treated Michael Schumacher after his skiing accident has said the seven times Formula One champion has made progress but his recovery could still take years.
* Team's chances of survival fading (Adds Fernandes statement, Kolles quotes)
LONDON, Oct 23 - Caterham Formula One employees found their factory closed on Thursday but a legal administrator overseeing the property held out hope that the struggling team might still survive.
* Former owner Fernandes says claims are 'garbage' (Adds Fernandes reaction, Ravetto quotes)
LONDON, Oct 22 - The struggling Caterham Formula One team looked close to meltdown on Wednesday with the new management threatening to walk away and accusing founder Tony Fernandes of never completing a formal transfer of ownership.
LONDON, Oct 22 - McLaren sporting director Sam Michael is leaving the Formula One team at the end of the current season to return home to Australia after 21 years in the sport.
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