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 »
2y 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...
2y ago from GrandPrix247.com

Caterham F1 team up for sale - report

AirAsia chief executive Tony Fernandes is trying to sell his Caterham...
2y ago from SuperSport.com

Fernandes to put Caterham group – including F1...

Tony Fernandes will sell the Caterham automotive group, including the...
2y 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...
2y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

Analysis: How Mugello proved to Vinales Yamaha was the...

Yamaha-bound rider Maverick Vinales is certain he's made the right choice...
2d ago from Motorsport.com

Mugello Expert Opinion: Casey Stoner

Without doubt Andrea Iannone and the Desmosedici GP had the pace to run...

Analysis: Why struggling Honda had to redesign its...

While Honda admits the deficiencies of its new MotoGP engine, the Japanese...
4d ago from Motorsport.com

Yamaha suspects overrevving to blame for engine...

Yamaha overrevved its engines at Mugello, or at least that's the theory...
5d ago from Motorsport.com

Popular On IndyCarToday.com

Follow the Indianapolis 500 live!

No description available...
3h ago from GPUpdate.net

INDY 500: Montoya first to crash

Defending Indy 500 winner Juan Montoya's bid to score a repeat victory...
57m ago from Racer.com

INDY 500: Race Day Live Report

Welcome to RACER.com's Live Report from the 100th Running of the...
3h ago from Racer.com

INDY DIARIES: 'We didn't have 15 engines sitting in...

Over 99 runnings, the Indianapolis 500 has become the most famous event...
2h ago from Racer.com

Popular On TotalWRC.com

Lydden WRX: Solberg leads Day 1 as Loeb hits trouble

Reigning World Rallycross Champion Petter Solberg leads the way after the...
1d ago from Motorsport.com

Lydden WRX: Ekstrom snatches win from Solberg in finals

Championship leader Mattias Ekstrom made it three victories from the first...
3h ago from Motorsport.com

The WRC gallery: Round 5: Portugal

Advertising Here is a selection of some of our favourite photographs,...
2d ago from WRC.com

Merzouga, Stage 5: Benavides wins as Rodrigues ends...

Honda's Kevin Benavides took win in the 2016 edition of Merzouga Rally at...
2d ago from Motorsport.com

Popular On GunnersToday.com

Arsenal transfer blow: £20m target does not want...

GETTY STAR: Kante was nominated for several awards The 25-year-old joined...
2h ago from DailyStar.co.uk

Arsenal ace desperate to leave club: His agents have...

ARSENAL FC VIA GETTY EXIT: David Ospina is determined to leave Arsenal...
4h ago from DailyStar.co.uk

Newcastle boss ready to play hard ball over £10m...

Newcastle United manager Rafa Benitez is determined to keep in demand...

Spotted: Man Utd and Arsenal stars Walcott and Carrick...

MANCHESTER UNITED and Arsenal stars Michael Carrick and Theo Walcott have...
4h ago from Express.co.uk

Comments

Hottest News

Recent News

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.