Frederic Le Floc'h DPPI for Renault Sport F1)
The Caterham F1 Team and tyre supplier Pirelli have both come out to deny a report in the Dutch media that the Leafield based outfit have failed to pay their tyre bill and that they would not be allocated Pirelli rubber for the Japanese Grand Prix next weekend.
Speaking about the report, Caterham F1 Team boss Manfredi Ravetto stated:
'It's just stupid, we will have Pirelli tyre's like regular for Suzuka.'
There has been intense media speculation in recent weeks and months relating to the Caterham team who have yet to score a Formula One point since hey entered the sport in 2010 under the Lotus name. Earlier this season, Tony Fernandes announced that he had sold the team to a group of Middle Eastern/Swiss investors.
The new management team immediately set about making changes installing former F1 driver Christijan Albers as their new team principal however not even a month into his job he left the team stating personal reasons. He position was taken Manfredi Ravetto.
Three team's on the current grid are possibly on the way off the grid with the Caterham F1 Team, Sauber F1 Team and the Marussia F1 Team all under financial pressure. The Sauber F1 Team have stated recently that they fully intend to be on the Formula One grid next season while the Marussia F1 Team's sporting director Graeme Lowdon stated that the team would remain on the grid for the rest of the season however he is unsure if the team will be on the grid next season.
© Ben Johnston 2014