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 »
1y 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...
1y ago from GrandPrix247.com

Caterham F1 team up for sale - report

AirAsia chief executive Tony Fernandes is trying to sell his Caterham...
1y ago from SuperSport.com

Fernandes to put Caterham group – including F1...

Tony Fernandes will sell the Caterham automotive group, including the...
1y 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...
1y ago from TheF1Times.com

Elsewhere On The Network

Popular On MotoGPToday.com

Marquez: “I went to Ibiza with some friends”

A revitalized Marquez is ready to bring his best to the Brickyard, a...
3h ago from MotoGP.com

Rossi: “The first part went very well with nine...

A much needed break gave Rossi, the championship leader, a chance to...
2h ago from MotoGP.com

Crafty Rossi to play defence in second half of MotoGP...

MotoGP championship leader Valentino Rossi believes he will have to play...
2h ago from BikeSportNews.com

Lowes: “I am really happy to be starting again!”

Speed Up Racing’s Sam Lowes is excited to get back into action at the...
2h ago from MotoGP.com

Popular On IndyCarToday.com

MILLER: Let's call it 'Sage Gate'

Let's call it "Sage Gate" for lack of a better name but let's...
1d ago from Racer.com

Penske hands Piquet Jr. IndyCar test

– Formula E champion and ex-Formula 1 driver Nelson Piquet Jr. will...
21h ago from GPUpdate.net

IndyCar: RLL to finish season with single entry

The odds have been stacked against Rahal Letterman Lanigan Racing this...
15h ago from Racer.com

Rahal scores blistering win as Montoya stumbles

Hometown hero Graham Rahal has scorched to the finest win of his career...
2d ago from SpeedCafe.com

Popular On TotalWRC.com

Evans' spanner saves the day

The M-Sport driver was in sixth place on Friday morning when his Ford...
20h ago from WRC.com

First RX content pack hits Dirt Rally

From the press release, published today: From today, owners of DiRT Rally...

Gilbert targets Junior crown at home rally

Frenchman bids to secure Junior WRC title in Corsica
22h ago from WRC.com

Sordo disappointed with Finland showing

Hyundai's Dani Sordo was disappointed to only finish eleventh on Rally...
18h ago from Crash.net

Popular On GunnersToday.com

Surprise turnaround! Wenger has fans back on side &...

Morning all. Apart from the stories suggesting Jack Wilshere could miss a...

José Mourinho cools talk of John Stones deal, and...

José Mourinho has refused to rule out a new Chelsea bid for...
1h ago from TheGuardian.com

£32m Arsenal target claims manager is forcing him...

Mario Götze has been linked with a move away from Bayern Munich this...
1h ago from AllArsenal.com

Preparations, spamifcations, Akpominations

Good morning from a particularly miserable Dublin. I can't quite remember...
4h ago from Arseblog.com

Comments

comments powered by Disqus

Hottest News

Dennis: McLaren pace is ready to "light up"

Dennis came away from the Hungarian Grand Prix... Read More »
3h ago from Motorsport.com

Symonds slams Ferrari over Bottas rumours

Pat Symonds has hit out at Ferrari, accusing the... Read More »
3h ago from ThisIsF1.com

Ferrari’s strict engine development plan

Ferrari is set to exploit their remaining seven... Read More »
43m ago from F1Technical.net

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.