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

Fernandes to put Caterham group – including F1...

Tony Fernandes will sell the Caterham automotive group, including the...
2y ago from RichlandF1.com

Caterham F1 team up for sale

Flamboyant Malaysian millionaire Tony Fernandes has put his Caterham...
2y 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...
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...
19h ago from Motorsport.com

Mugello Expert Opinion: Casey Stoner

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

Video: Part two of ‘Valentino Rossi: The Doctor...

The second episode in the ‘Valentino Rossi: The Doctor Series’...
22h ago from MotorcycleNews.c...

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

While Honda admits the deficiencies of its new MotoGP engine, the Japanese...
2d ago from Motorsport.com

Popular On IndyCarToday.com

Pippa Mann crashes on Carb Day

Dale Coyne Racing driver Pippa Mann crashed at Turn 4 45 minutes into the...
17h ago from Motorsport.com

Franchitti on Chilton crash: "He doesn't know...

Chip Ganassi Racing team advisor Dario Franchitti isn't placing blame on...
2d ago from Motorsport.com

Tony Kanaan leads the way in final Indy 500 practice

Chip Ganassi driver Tony Kanaan set the pace in final practice for this...
14h ago from GrandPrixTimes.c...

INDY DIARIES: 'Heeeeeee's on it!'

Over 99 runnings, the Indianapolis 500 has become the most famous event...
19h ago from Racer.com

Popular On TotalWRC.com

Camilli buoyed by Portugal result

M-Sport driver reflects on fifth place finish
18h ago from WRC.com

The WRC gallery: Round 5: Portugal

Advertising Here is a selection of some of our favourite photographs,...
21h 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...
19h ago from Motorsport.com

Neuville: 'These things can happen'

Philosophical approach to Portugal exit
1d ago from WRC.com

Popular On GunnersToday.com

The Premier League's most targeted victims revealed

EXPRESS SPORT brings you the list of most fouled players in the Premier...
3h ago from Express.co.uk

The 15 most valuable midfielders in the Prem… which...

TARSPORT count down the 15 Premier League midfielders who would command...
6h ago from DailyStar.co.uk

Number changes galore, Hector's snappy reply +...

Good morning, a very quick coffee fueled Saturday morning round-up for...
1h ago from Arseblog.com

Jose Mourinho's win record against heavyweight Prem...

OSE MOURINHO is officially Manchester United's new boss and will be facing...
4h ago from DailyStar.co.uk

Comments

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.