Formula 1: Caterham allowed to run 2014 car in 2015

Caterham car of Kamui Kobayashi competing at the Abu Dhabi Grand Prix
Caterham were back racing at the Abu Dhabi Grand Prix after missing the previous two races

Formula 1 team Caterham will be allowed to compete in 2015 with this year's car - if a buyer is found for the team.

The outfit are in administration and have been given special dispensation to make it easier to find a buyer.

It means potential purchasers will not be under pressure to build a new car for next season.

Administrator Finbarr O'Connell said: "That is of interest to all the parties I'm talking to. It gives them a choice, an easier start to get into F1."

The decision is to be ratified at this week's meeting of the World Motor Sport Council in Doha, Qatar.

O'Connell, of London firm Smith & Williamson, added: "The F1 Commission and FIA agreed if it would assist the weaker teams they can use the 2014 car next year, so giving them more time and options.

"It's a very difficult purchase decision for any party because of the huge costs involved in running an F1 team."

The Leafield-based team went into administration in October and last month made 230 staff redundant.

After missing two races, Caterham were able to compete at the season-ending race Abu Dhabi thanks to a successful crowd funding project.

O'Connell said: "I'm still talking to a few interested parties, and I'm hoping one of them can do the deal."

Caterham in Formula 1
Debut: 2010 (as Lotus Racing)
Points: 0
Best race finish: 11th - Vitaly Petrov at the 2012 Brazilian Grand Prix