PACK & SEND, the UK’s largest specialist packer and international shipper, is pleased to announce that it has been chosen to undertake the secure distribution of the assets of Caterham F1 Racing.
Following the Formula One team entering administration in October 2014, the administrators appointed Wyles Hardy & Co to handle the sale who, in turn, selected PACK & SEND as their preferred packing and shipping partner.
The equipment for sale includes everything from the cars themselves to wheels, tyres and other car parts, simulators, office equipment, IT kit, engineering equipment, memorabilia and specialist pit lane equipment.
The assets will be sold in a number of auctions which will run through March, April and May. The first sale, which is taking place on 11th and 12th March 2015 will contain the race and pit lane equipment. PACK & SEND will manage the packing and shipping of all the lots to the required destinations across the world after each of the auctions have taken place.
The huge scale of the project is a great demonstration of the size of jobs that PACK & SEND can handle and they will be coordinating the activity centrally at their Reading headquarters with the work being carried out across a number of their sites.
Commenting on the successful contract win, Mike Ryan, Chief Executive of PACK & SEND, said: “We are delighted to have been selected to pack and ship the assets of Caterham F1. It is not only a great example of how our exemplary levels of service win us new business through customer referral but also the breadth and flexibility of solutions that we can provide as we could end up packing and shipping anything from an F1 car to a steering wheel to a hospitality trailer.”
Matt Hardy, Director at Wyles Hardy & Co, added: “When deciding on who to appoint to pack and ship the items, PACK & SEND was recommended to us because of its specialist experience in transporting fragile, large and valuable items – especially internationally. This experience together with its highly flexible and personal service means that we believe the items will be in good hands.”