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

Lorenzo says Red Bull Ring's Turn 2 "very...

Jorge Lorenzo has voiced concerns with the Red Bull Ring’s Turn 2 ahead...
12h ago from Motorsport.com

Moto2: Zarco and Binder among riders sampling Red Bull...

Reigning Moto2 world champion Johann Zarco and Moto3 championship leader...
19h ago from MotorcycleNews.c...

Opinion: Rossi screw-up ends title chances?

To call Sunday’s MotoGP race an unmitigated disaster for the factory...

Moto2: Who the hell is Luca Marini?

It’s not always the step up in racing to be a member of one of the...

Popular On IndyCarToday.com

Enerson ready for IndyCar debut at Mid-Ohio

RC Enerson is ready to get going as he makes his Verizon IndyCar Series...

INDYCAR: Munoz wants to return amid blurry future

Andretti Autosport's Carlos Munoz can't wait to find out where he'll be...
6h ago from Racer.com

Dean Stoneman to test for Andretti at IndyCar Watkins...

British driver Dean Stoneman is one of three drivers confirmed to test...

Target to end its Ganassi IndyCar sponsorship

Target is withdrawing from IndyCar at season’s end, after 27 years on...
1d ago from Motorsport.com

Popular On TotalWRC.com

Finland WRC: Mikkelsen and Tanak share first place in...

Volkswagen's Andreas Mikkelsen and DMACK driver Ott Tanak set identical...
7h ago from Motorsport.com

SS1: Honours even after Finland opener

Huge crowds pack Neste Rally Finland opener
7h ago from WRC.com

Tanak spurred on by Poland near miss

Estonian steps up his preparations
14h ago from WRC.com

Latvala tops Finland shakedown

Volkswagen closes out top three times
15h ago from WRC.com

Popular On GunnersToday.com

Arsenal v MLS All Stars: Confirmed Starting Line-ups...

Arsenal take on the MLS All Stars tonight as part of their pre-season US...
2h ago from CaughtOffside.com

Arsenal line-up: Arsene Wenger hands debut to new...

GETTY DEBUT: Rob Holding Arsenal: Cech, Debuchy, Holding, Bielik, Gibbs,...
3h ago from DailyStar.co.uk

Arsenal vs MLS All-Stars LIVE: Gunners in California...

Arsenal vs MLS All-Stars LIVE: Gunners in California for pre-season...
3h ago from DailyMail.co.uk

Arsenal's 5 step plan for improvement

Arsenal trailed champions Leicester City by a total of ten points last...
8h ago from Arseblog.com

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.