Caterham F1 Team has announced this afternoon (14/11/14) that it will return to the Formula 1 grid at next weekend's Abu Dhabi Grand Prix for the final round of the season, after raising enough money via the crowdfunding scheme it launched last Friday.
Caterham was handed over to administrator Smith & Williamson last month, as the team has debts of around £7.5-10 million, and missed the last two races in the United States and Brazil.
The outfit last week launched a crowdfunding scheme with the target of raising £2.35 million, and £1.9 million has so far been donated.
Last week, I felt this will not happen due to do as its too much you are asking the fans to do. Also, I personally think that few of the big teams or even Bernie Ecclestone should help the team out, as it was only £2.35 million. And honestly this is a great achievement for the team and that they will be racing in Abu Dhabi at least.
As for drivers driving for Caterham next week is yet to be confirm, although Marcus Ericsson has ruled himself out by cutting his ties with the team earlier this week, so therefore it needs a replacement driver I am predicting that it will be former Marussia driver Max Chilton for one of the seats with either Kamui Kobayashi or André Lotterer (if they want to come back for another race) alongside as his team-mate.
Final thoughts is this, this is good news for Formula 1 that Caterham are back for Abu Dhabi at least, as most of the fans love the small teams; it helps everyone for rookie drivers and mechanics with not so much experience get into the sport, it gives more opportunities to everyone, ask a driver like Fernando Alonso he agrees with the small teams needs to be there in F1, and where did he started with? Minardi.
End of blog for now, new post soon. Bye.
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