Tony Fernandes has dropped a broad hint he is prepared to bail out of the Leafield-based Caterham team.
It’s understood Fernandes has already sold the F1 arm of his operation, ending a difficult four-and-half-year journey.
Although no details have officially been announced, in finally opting to close his account on Twitter yesterday, Fernandes said: “F1 hasn’t worked. Love Caterham cars.”
Fernandes made clear at the start of the season, at the announcement of his driver line-up car for this year in January at Caterham’s base, he was threatening to pull the plug.
His hopes have hit the buffers, however, with Caterham falling further behind back-of-the-grid rival Marussia, with the Banbury outfit ending their points drought in Monaco this year.
Caterham, meanwhile, have gone 85 races since their arrival in F1 in 2010 without collecting a single point, and now Fernandes has had enough.
Meanwhile, Oxford's Jason Plato is hoping a return to his ‘home’ track will inspire him to return to the top step of the rostrum in the Dunlop MSA British Touring Car Championship at Croft tomorrow.
The Newcastle-born driver is no stranger to the north Yorkshire venue, having raced at the circuit 40 times in the BTCC alone and with four wins to his name.
Plato, who is fifth in the drivers’ standings for the MG KX Clubcard Fuel Save team, said: “Croft is a spiritual home circuit for me. I’ve been lucky to get good support there in the past.
“It’s great to see so many fans at any race, but at Croft they turn up in their tens of thousands.”
Latest Sport news
4:30pm Thursday 26th November 2015
CHRIS Maguire has become Oxford United’s second loan signing of deadline day.
12:30pm Thursday 26th November 2015
OXFORD United have strengthened their squad ahead of today's loan deadline by signing defender Jordan Evans from Fulham.
10:40am Thursday 26th November 2015
RYAN Taylor is due to see a specialist next week as Oxford United bid to get to the root of his groin problem.
9:30am Thursday 26th November 2015
OXFORD United Women’s goalkeeper Demi Lambourne is hoping for the perfect end to an impressive year after being shortlisted for sportswoman of the year accolade at the Oxfordshire Sports Awards.
9:00am Thursday 26th November 2015
OXFORD United remain optimistic they will get at least one loan signing across the line before today’s deadline.
8:30am Thursday 26th November 2015
JORDAN Flynn faces one of the biggest tests of his fledgling boxing career today when he takes on national champion Luke McCormack in Sheffield.
8:10am Thursday 26th November 2015
Oxford University topped the half-century mark for the second time in a week when they thrashed London Scottish 53-0 at Iffley Road.
8:00am Thursday 26th November 2015
Phil Clark defeated the Johnson Buildbase Oxford & District League’s top player Mark Trafford, but could not stop Gladiators Club A crashing 5-1 to Oracle.
7:50am Thursday 26th November 2015
BICESTER Boxing Club head coach Daza Usher praised welterweight duo Sammy AitTales and Ant Miller after the pair won bouts at the Witney Fightclub show.
7:00am Thursday 26th November 2015
OXFORD City Stars were edged out 2-1 in a cagey clash with high-flying Wightlink Raiders at Oxpens in English National League South Division 1.