News Details

Fernandes puts Caterham up for sale

Sutton Images Enlarge Tony Fernandes is looking to sell Caterham for around £350 million, according to reports in the media, but it is not thought he will be able to realise anything like that sum. Fernandez's diminishing interest in the sport has been known for some time and so the news does not come as a surprise. His attention is far more centred on QPR who gained promotion to the Premier League at the weekend. The Bloomberg agency reported on Sunday that a memorandum on the sale was being circulated in the Middle East. But with little to celebrate on the track, it appears Fernandes' patience has run out. Three months ago he said that if the team remained at the back "I don't...
Full Story »
1y ago from espnF1.com 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

Fernandes to put Caterham group – including F1...

Tony Fernandes will sell the Caterham automotive group, including the...
1y ago from RichlandF1.com

Caterham F1 team up for sale

Flamboyant Malaysian millionaire Tony Fernandes has put his Caterham...
1y ago from SuperSport.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 MGPToday.com

Retaining Lorenzo top priority for Yamaha

Yamaha team boss Lin Jarvis has confirmed that the manufacturer’s top...
1h ago from SuperSport.com

Alpinestars release Baz crash data

Alpinestars have released the data recorded by Avintia Ducati racer Loris...
15h ago from MotorcycleNews.c...

Yamaha says renewing Lorenzo’s contract a...

Yamaha team boss Lin Jarvis says that re-signing Jorge Lorenzo for 2017...
15h ago from Motorsport.com

Dovizioso hits the wall in Ducati development at Sepang

Factory Ducati rider Andrea Dovizioso has left the first test of the...
19h ago from MotorcycleNews.c...

Popular On IndyCarToday.com

McCormack Racing, Davey Hamilton Jr. Join Forces for...

INDIANAPOLIS, Ind. – 18-year-old King of the Wing Sprint Car Series...

VIDEO: Robin Miller with Matt Brabham

Third-generation driver Matt Brabham speaks with RACER's Robin Miller...
10h ago from Racer.com

IndyCar's new race control format to be...

Jay Frye, the Verizon IndyCar Series’ new president of competition and...
13h ago from Motorsport.com

INDYCAR: Andretti - 'It's killing me not having a win'

The pressure of living up to his legendary last name has always dogged...
1d ago from Racer.com

Popular On TotalWRC.com

M-Sport seek Swedish success

Rally Sweden is classed as the FIA World Rally Championship’s only true...
10h ago from Motorsport.com

New street test in Portugal and Argentina

Porto and Cordoba to host city centre stages
15h ago from WRC.com

24-time X Games medalist Dave Mirra dies in apparent...

X Games legend Dave Mirra has tragically died at the age of 41. Mirra was...
1d ago from Motorsport.com

Sweden Super Special battles: you decide!

It's your chance to choose the heats
16h ago from WRC.com

Popular On GunnersToday.com

Liverpool To Rival Arsenal For Sporting Lisbon Star...

Reports have emerged claiming that Sporting CP midfielder William...
3h ago from Nastytackle.com

Chelsea Captain John Terry Linked With Arsenal

Reports have emerged claiming that former Tottenham boss Harry Redknapp...
1h ago from Nastytackle.com

Arsenal Face Man Utd Competition For Renato Sanches

It has been reported that Manchester United are preparing a summer bid...
6h ago from Nastytackle.com

Arsenal Encouraged In Granit Xhaka Pursuit

Reports are out claiming that Borussia Monchengladbach midfielder Granit...
2h ago from Nastytackle.com

Comments

Hottest News

’Honda are a big threat’ - Mercedes

Mercedes sees Honda as “a big threat” in 2016... Read More »
17h ago from F1i.com

Concept design of the 2020 Mercedes revealed

F1 Latest News: The concept design has been... Read More »
19h ago from F1Hub.net

Red Bull rejected works Ferrari engine offer

F1 Latest News: A sourced news has emerged,... Read More »
22h ago from F1Hub.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.