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The Caterham team say they will race at the Japanese Grand Prix this weekend despite bailiffs visiting their base.

Team sources say the visit to their Oxfordshire site on Wednesday is not related to the F1 team.

"All operations are currently in place at Leafield and the race team is doing its preparation in Japan," a team statement said.

Caterham, who are joint last in the constructors' standings, laid off more than 40 staff in July.

The current action concerns a supplier to parent company MRT1, Caterham said in a statement, refuting "uncontrolled rumours" the team's involvement in Formula 1 would be affected.

The team changed ownership in July when it was sold by Malaysian entrepreneur Tony Fernandes to a consortium of Swiss and Middle Eastern investors, leading to the job losses.

Chief executive officer Christijan Albers stepped down in September.

Caterham, whose current drivers are Japan's Kamui Kobayashi and Sweden's Marcus Ericsson, have not scored a point in their three seasons on the grid.

Their Leafield factory previously housed Super Aguri and Arrows, two former Formula 1 teams who were forced to quit the sport due to financial problems.

Japanese Grand Prix coverage details

Read more http://www.bbc.co.uk/sport/0/formula1/29453016

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