Marcus Ericsson quits Caterham for Sauber
MARCUS ERICSSON has terminated all his agreements with the troubled Formula One team Caterham.
Marcus Ericsson has parted company with Caterham after agreeing a deal with Sauber
The Swedish driver, who will miss the season-finale in Abu Dhabi should Caterham take part, has already agreed a deal to drive for Sauber next season alongside Brazilian Felipe Nasr.
He made his F1 debut with the team this season.
Caterham, who have not scored a point since their debut in 2010, went into administration last month but have raised more than one million pounds in 48 hours and attracted a new potential buyer.
The team, who missed the U.S. Grand Prix and last weekend's race in Brazil, are seeking £2.35m through a crowd funding initiative to get them back on the grid for the final race of the season in Abu Dhabi on Nov. 23.