Formula 1 team succeed in 'crowdfunding' for Abu Dhabi Grand Prix

“There aren’t enough words to say how grateful we are to all the fans that have made this possible.”

The administrator behind Caterham has confirmed the team will compete in the Abu Dhabi Grand Prix next weekend.

London-based accountancy firm Smith & Williamson announced last Friday their aim to raise £2.35million via pledges from fans and businesses around the world to get Caterham to the season-ending race.