Cash strapped Caterham appeals to F1 not to fund its team . Has set target of £ 2.35 ##m ( £ ##30 m ) to participate in final race of season . Minnows Caterham and Marussia have gone into administration . `` I think that 's a disappointing statement , '' he told CNN . F1 chairman Bernie Ecclestone criticizes Renault 's approach .
Cash strapped Caterham appeals to F1 not to fund its team . Has set target of £ 2.35 ##m ( £ ##30 m ) to participate in final race of season . Minnows Caterham and Marussia have gone into administration . F1 chairman Bernie Ecclestone criticizes Renault 's approach .