Case Studies
We have been privileged to have been instructed by our clients on a number of notable cases. Below are a selection of case studies to demonstrate a flavour of our work.

Caterham Sports Ltd. and Malaysia Racing Team SDN BDH
Purpose
Administration
Sector
F1 Motor Sport
Task
Valuation, Marketing & Realisation
Location
United Kingdom, Oxfordshire

The administration of Caterham Sports presented unique challenges, requiring specialist expertise in valuing and realising high-performance assets. At Wyles Hardy & Co., we ensured a meticulous and transparent process to maximize returns for creditors while respecting the brand’s legacy. – Terry Madden, Managing Director, Wyles Hardy & Co.

Overview
Wyles Hardy & Co. was appointed by the Administrators of Caterham Sports Ltd. and 1 Malaysia Racing Team SDN BDH to provide valuation advice, formulate a realisation strategy, and oversee asset disposal for the F1 team’s diverse asset base. This included race trailers, simulators, and various F1 assets across international locations. The project required asset repatriation and a multi-tiered marketing approach to attract global buyers.
Method
We began with a comprehensive appraisal, navigating complex asset claims and financing arrangements to assess the entire asset base effectively. Assets were repatriated from locations worldwide, ensuring centralised management and security for high-value items. Major items, such as a 6-degree motion race car simulator and an extensive race trailer fleet, were offered via Private Treaty Sales, capitalising on targeted interest. For over 5,000 items, including F1 memorabilia and specialised equipment, we implemented a series of nine online auction sales, allowing widespread buyer access. A strategic marketing campaign was launched, including press releases to F1 journalists and targeted announcements across social media channels like Twitter and YouTube, generating significant fan and buyer engagement. The approach balanced exclusivity for major assets and broad access for smaller lots, ensuring maximum return across all categories
Results
- Successful Private Treaty Sales maximised value for high-profile assets, including the race simulator and trailer fleet.
- The online auctions attracted global participation, achieving competitive prices on over 5,000 F1-related items.
- Strategic marketing efforts generated public and media interest, enhancing buyer engagement.
Conclusion
This project highlights Wyles Hardy’s expertise in managing high-profile, complex disposals within the motorsport industry. Our integrated valuation, repatriation, and realisation strategies enabled effective asset recovery, even across dispersed locations and challenging claims. By leveraging both exclusive sales and online auctions, we maximised returns, while tailored marketing reached F1 fans and serious buyers alike, adding value to the disposal process. The success of this project reinforces our reputation for handling specialist assets and motorsport industry clients, delivering results through strategic planning and market reach. This case exemplifies our ability to adapt disposal approaches to diverse asset classes, ensuring optimal outcomes for all stakeholders.