The situation at Caterham is a somewhat unusual arrangement. Most teams build their own chassis and other components in-house; however, Caterham does not. Instead, they outsource the production of their car to another company, which manufactures the components and chassis at their factory. It is this company which has gone under.
The Caterham Formula 1 team is no longer related to Caterham Cars, manufacturer of the Lotus 7 continuations, either. Tony Fernandes, founder of the Caterham F1 team, did buy the Caterham consumer automaker and subsequently, in a strange twist of fate, sold the F1 team to a private consortium of investors.
The Caterham Formula 1 team insists that they’re undaunted by the bankruptcy of their manufacturer, but this seems like it isn’t really the case. After all, it’s not like there is an abundance of facilities with the capability to manufacture a Formula 1 chassis with only a couple of months notice. Many are speculating that Caterham will not have cars to race next season. Of course, the Caterham Formula 1 team could ameliorate this problem by buying the assets of its now insolvent manufacturer and paying off its creditors. However, this is unlikely and probably not feasible for Caterham , considering that they hardly even have enough money to pay for tires.
What will become of the struggling Caterham F1 team is still a mystery. To most, their chances look bleak. They are dead last in the standings, haven’t scored a single point, and have had both cars finish in only well under half of the races this season. Then again, they’ve survived many perils heretofore, so maybe they can hang on.