News Details
'Caterham up for sale'
If you want to own a Formula 1 team now is the time to get in there as Tony Fernandes is reportedly selling his Caterham outfit. The backmarker team, who have yet to score a single World Championship point and claimed the wooden spoon last season, is going for a reported 350 million pounds. According to The Edge Malaysia, an unnamed source has revealed that Fernandes is keen to find a buyer for his team. The Malaysian businessman has circulated an 'information memorandum' in the Middle East. However, it's not just the F1 team that is up for grabs as Fernandes is selling the entire operation, including the sportscar company.
Full Story »
Full Story »
9y ago from PlanetF1.com
0
You May Also Be Interested In...
Report: Caterham put up for sale by Fernandes
The Caterham Group has reportedly been put up for sale by owner Tony...
9y ago from TheF1Times.com
Fernandes to put Caterham group – including F1...
Tony Fernandes will sell the Caterham automotive group, including the...
9y ago from RichlandF1.com
Caterham F1 team up for sale - report
AirAsia chief executive Tony Fernandes is trying to sell his Caterham...
9y ago from SuperSport.com
Fernandes tight lipped about Caterham sale reports
Tony Fernandes
Businessman Tony Fernandes is not responding to mounting...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Quartararo: Marquez's Honda exit ‘woke a lot of...
Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...
16h ago from MotorsportWeek.c...
Could Acosta get a Verstappen-like mid-season...
No description available...
20h ago from Motorsport.com
Marquez: Rossi-like Acosta can't be ruled out of...
No description available...
1d ago from Motorsport.com
Quartararo stresses ‘quality over quantity’ with...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Power “didn't have any defense” against Dixon due...
No description available...
12h ago from Motorsport.com
Brake issues hinder Rosenqvist’s chances for victory...
No description available...
12h ago from Motorsport.com
Arrow McLaren confirms Pourchaire for Barber...
No description available...
20h ago from Motorsport.com
Pourchaire earns second IndyCar outing with Arrow...
Arrow McLaren announced Tuesday morning that Theo Pourchaire will driver...
20h ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
1d ago from Motorsport.com
ERC star Sesks secures WRC Rally1 graduation with...
No description available...
2d ago from Motorsport.com
Mārtiņš Sesks to drive M-Sport Ford Puma Rally1 in...
Latvia’s Mārtiņš Sesks will benefit from the support of WRC Promoter...
1d ago from MotorsportWeek.c...
Ogier's last-gasp Croatia Rally victory on surprising...
There had been no major incident on WRC Croatia for 17 stages. That...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
'With and without the ball, he was terrible' – Craig...
No description available...
1h ago from SportsKeeda.com
Arsenal in talks with exciting striker; ready to offer...
It's not a secret that Arsenal need to bolster their front line with a...
1h ago from CaughtOffside.com
‘Has been linked' – Romano on potential...
It's no secret that both Arsenal and Man United are in the market for a...
2h ago from CaughtOffside.com
Ally McCoist highlights how Arsenal star did something...
No description available...
3h ago from SportsKeeda.com
Comments
Hottest News
Schumacher reveals what F1 pundits are NOT allowed to say...
F1 veteran Ralf Schumacher has offered a blunt... Read More »
1h ago from GPFans.com
Herbert: Lawrence Stroll should drop Lance for Sainz and...
Johnny Herbert has come out and suggested what... Read More »
54m ago from GrandPrix247.com
Hopeful rookie on standby for two F1 teams
Apr.24 A hopeful rookie is hoping his big chance... Read More »
44m ago from OneStopStrategy.com
