The Caterham F1 Team released a statement on Wednesday evening denying rumours surrounding the future of the team.
According to reports, bailiffs and police had been called to Caterham’s Leafield base to begin removing various assets including show cars in order to repay various debts left behind by former owner Tony Fernandes.
The team called the rumours “unfounded”, instead explaining that a supplier to the team had run into trouble.
“There have been unfounded and unsubstantiated rumours concerning actions against 1MRT, the entrant and owner of CaterhamF1,” read the statement.
“An action was threatened yesterday against a supplier company to 1MRT. This company is not owned by 1MRT and it has no influence over the entry of CaterhamF1 or the entrant.”
The reports also questioned whether the team would make it to Japan for this weekend’s event, but this was also denied.
“Also contrary to uncontrolled rumours, all operations are currently in place at Leafield and the race team is doing its preparation in Japan.”
This comes despite a post on The Sheriffs Bailiff website which claims to have acquired numerous assets from Caterham including parts bound for Japan.
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