Caterham vows to race on despite visit from bailiffs

Updated: 
Singapore F1 GP Auto Racing
ASSOCIATED PRESS

Struggling F1 team Caterham says it is still competing in this weekend's Japanese Grand Prix, despite bailiffs visiting its site in Leafield this week.

The company was quick to distance itself from the visit, stating that it was nothing to do with the F1 division, and issued a statement explaining the bailiff's visit concerned a supplier to its parent company 1MRT. It denied that its F1 activities would be affected.

"All operations are currently in place at Leafield and the race team is doing its preparation in Japan," the statement read.

"This company is not owned by 1MRT and it has no influence over the entry of Caterham F1 or the entrant."

However, following a visit from the Sheriffs Office, a number of F1 items, including a 2013 spec test car and a number of components and tools set to be used at the Japanese GP, were removed from the site, to be auctioned off later this month.

A spokesperson for the Sheriffs Office said the items would be returned "if the judgment debt is paid in full before the goods are sold," the BBC reports.

Among the items seized were a full Formula One test car, a full-size simulator platform, spare parts, steering wheels and pit-side monitors, as well as numerous tools and items of memorabilia.