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Yes, Flavio, Joe Saward is a non-executive director of the Caterham group, with no direct involvement, or influence, over the F1 team. He is also a highly respected & very reputable journalist who reports on the sport & the business very well and honestly.
Both Malaya & Roy are facing serious legal issues, as well as very serious financial issues, & whilst the f1 team may have funding in place for this season if, when, the parent companies collapse there is no way the F1 team will survive unless new ownership can be found.
The fact that several suppliers are been asked to vary previously agreed payment terms & schedules would suggest cash-flow issues within the F1 team.
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