[caterf1] CATERHAM: As many as 12 Buyers Interested, but...

Caterham’s administrators have said the team will probably be wound up in the next two weeks unless a buyer can be found.

The Leafield outfit was taken into administration last week and will miss next weekend's race in Brazil.

Around 200 jobs are under threat, although it's believed that as many as 12 potential buyers have expressed an interest.

Joint administrator Henry Shinners said a meeting with the Caterham staff had been held and revealed that their salaries for October hadn’t been paid.




Caterham and tail-end rivals Marussia are both in administration was absent from this weekend's U.S. Grand Prix in Austin, with only nine teams competing.

They will also miss the Brazilian Grand Prix in Sao Paulo the following weekend with only Abu Dhabi remaining after that on Nov. 23.

Some 200 jobs are at stake at Caterham, who are based at Leafield near Oxford, and Shinners said salaries had not been paid for October.

The team was founded by Malaysian aviation entrepreneur Tony Fernandes and entered the sport in 2010. They failed to score a point and the sale of the team was announced in July.



In a separate statement, Shinners' employers Smith & Williamson said they remained in talks with a number of "credible, interested parties" about buying the team.