Caterham F1 team's former factory to be sold

Caterham F1 team's former factory to be sold

The failed Caterham Formula One team’s Leafield factory in central England is to be sold off with auctioneers saying on Thursday they were seeking offers of more than 5.5 million pounds ($8.36 million). BNP Paribas Real Estate and Carter Jonas said they had been appointed by administrators to sell the facility which previously housed the now-defunct Super Aguri and Arrows F1 teams. Caterham, founded by Malaysian Airasia airline entrepreneur Tony

Motor racing-Caterham F1 team's former factory to be sold

The failed Caterham Formula One team’s Leafield factory in central England is to be sold off with auctioneers saying on Thursday they were seeking offers of more than 5.5 million pounds ($8.36 million). BNP Paribas Real Estate and Carter Jonas said they had been appointed by administrators to sell the facility which previously housed the now-defunct Super Aguri and Arrows F1 teams. Caterham, founded by Malaysian Airasia airline entrepreneur Tony

Chevron completes maintenance at South African oil refinery

JOHANNESBURG (Reuters) – U.S. oil firm Chevron has completed a 1 billion rand ($83 million) routine maintenance and safety inspection at its 100,000 barrel per day South African oil refinery in Cape Town, local media reported on Thursday. Chevron, which trades as Caltex in South Africa, shut down its Milnerton refinery from Feb. 13 to March 31 for routine maintenance and safety inspections. …