News Details

'Fernandes trying to sell Caterham F1'

– Tony Fernandes is looking to sell the Caterham F1 Team and the other Caterham subsidiaries, it has been reported.According to Malaysian newspaper, The Edge Malaysia, Fernandes is looking for £350 million in total, with an information memorandum having been circulated in the Middle East.A spokesperson for the Caterham F1 team meanwhile refused to comment on the matter when quizzed in Monaco.Caterham have still to score a point since entering the sport back in 2010 in its previous guise as Lotus Racing.Fellow backmarkers Marussia – who joined F1 at the same time – broke their duck on Sunday in Monte Carlo when Jules Bianchi took ninth.At the start of the year, Fernandes warned...
Full Story »
10mo ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Fernandes tight lipped about Caterham sale reports

Tony Fernandes Businessman Tony Fernandes is not responding to mounting...
11mo ago from GrandPrix247.com

Caterham F1 team up for sale - report

AirAsia chief executive Tony Fernandes is trying to sell his Caterham...
11mo ago from SuperSport.com

Fernandes to put Caterham group – including F1...

Tony Fernandes will sell the Caterham automotive group, including the...
11mo ago from RichlandF1.com

Report: Caterham put up for sale by Fernandes

The Caterham Group has reportedly been put up for sale by owner Tony...
11mo ago from TheF1Times.com

Elsewhere On The Network

Popular On MotoGPToday.com

Marquez in doubt for Jerez after finger surgery?

Reigning double MotoGP champion Marc Marquez has undergone surgery after...
4h ago from Crash.net

Marquez breaks finger in training crash

REPSOL Honda rider Marc Marquez fractured his little finger of...
10h ago from VisorDown.com

Surgery for Marquez after finger fracture

Marc Marquez needed surgery today after suffering a fractured little...
10h ago from MotorcycleNews.c...

Marquez breaks finger in dirt-track crash

Reigning MotoGP World Champion has undergone surgery to plate the little...
10h ago from BikeSportNews.com

Popular On IndyCarToday.com

Castroneves outruns the rain to win Alabama pole

– Hélio Castroneves put in a quick lap early in the third...
8h ago from GPUpdate.net

Alabama: Qualifying results

Castroneves on pole as qualifying beats the storms Qualifying times Round...
7h ago from Crash.net

Castroneves nabs pole from Power in Alabama

Brazilian ace Helio Castroneves has led a Penske procession to claim pole...
7h ago from SpeedCafe.com

Will Power takes charge in practice 2

Will Power started to show his hand in second practice for the Honda Indy...
10h ago from Crash.net

Popular On TotalWRC.com

Citroën rules out team orders

Citroën rules out team orders Citroën drivers Kris Meeke and Mads...
5h ago from WRC.com

Al-Kuwari extends WRC 2 lead

The Qatari hit a rock in the opening stage but enjoyed a clean run...
6h ago from WRC.com

Spectators injured in Rally Argentina crash

Local reports claim that six spectators have been taken to hospital...
10h ago from Motorsport.com

Meeke closes on maiden WRC victory in Argentina

Kris Meeke ends day two of Rally Argentina still on course for his maiden...
9h ago from Crash.net

Popular On GunnersToday.com

Arsenal Face Premier League Competition For Yannick...

It has been reported that Tottenham and Liverpool are chasing Crystal...
4h ago from Nastytackle.com

Arsene Wenger: 'Olivier Giroud is an animal'

Arsenal boss Arsene Wenger has said that Olivier Giroud's physical and...
6h ago from SportsMole.co.uk

Cesc returns but not as a prodigal son

Back in the summer of 05 when Patrick Vieira left Arsenal for Juventus,...
15m ago from AllArsenal.com

Kieran Gibbs Hails The Influence Of Francis Coquelin

It has been reported that Arsenal fullback Kieran Gibbs has hailed...
3h ago from Nastytackle.com

Comments

comments powered by Disqus

2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.