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 »
9mo 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...
10mo ago from GrandPrix247.com

Caterham F1 team up for sale - report

AirAsia chief executive Tony Fernandes is trying to sell his Caterham...
10mo ago from SuperSport.com

Fernandes to put Caterham group – including F1...

Tony Fernandes will sell the Caterham automotive group, including the...
10mo 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...
10mo ago from TheF1Times.com

Elsewhere On The Network

Popular On MotoGPToday.com

Marquez Leads Repsol Honda 1-2 in FP1 at Losail

Marc Marquez resumed normal service in the opening free practice session...

Lorenzo: It was difficult to be confident

Movistar Yamaha's Jorge Lorenzo is seeking a significant improvement on...
2h ago from Crash.net

Marquez: “It’s important to make a good start to...

Reigning MotoGP World Champion Marc Marquez set about his second title...
2h ago from MotoGP.com

Dovizioso: Lap time not crucial just yet

Andrea Dovizioso wasn't quite able to match his performance from the...
2h ago from Crash.net

Popular On IndyCarToday.com

IndyCar: Miles wants series to provide an F1...

Hulman and Company CEO Mark Miles believes that the high race-hosting...
1d ago from Racer.com

IndyCar: Ganassi reveals Karam car livery for St. Pete

Chip Ganassi Racing has revealeed the official livery for Sage Karam's...
1d ago from Racer.com

Indy Lights: Brabham finds Lights and Sparks in the...

Page 1 of 2 It’s great to see Matthew Brabham’s talents aren’t...
21h ago from Racer.com

Indy Lights: Brabham, Chilton, Harvey highlight St....

The new-look Indy Lights series presented by Cooper Tire will have at...
3d ago from Racer.com

Popular On TotalWRC.com

Loeb set for another World Rally Car outing

The nine-time World Champion will participate in the Epernay Vins de...
9h ago from WRC.com

Tidemand inks Skoda deal

2013 Junior WRC champion Pontus Tidemand joins Skoda to compete in the...
7h ago from Crash.net

RX: World Rallycross launches UK talent competition

The FIA World Rallycross championship has launched a nationwide talent...
1d ago from Crash.net

ERC: Rallye International du Valais to be season finale

The FIA European Rally Championship has confirmed Rallye International du...
3d ago from Crash.net

Popular On GunnersToday.com

How long before Arsenal fans start worshipping this...

Ever since Olivier Giroud came to Arsenal he has found it hard to be...

How has THIS Chelsea full-back got in Guardian's PL...

The Guardian have unveiled their Premier League team of the...
2h ago from CaughtOffside.com

I'm Not Turkish! – Mesut Ozil

It has been reported that Arsenal ace Mesut Ozil is baffled by people...
4h ago from Nastytackle.com

Jebb back with Stevenage

The 19-year-old made five appearances for Boro earlier this campaign...
5h ago from Football365.com

Comments

comments powered by Disqus

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.