News Details

Fernandes: Caterham Group is not for sale

– Tony Fernandes has confirmed he is not looking to sell the Caterham Group, which includes the Caterham Formula 1 Team."The Caterham Group is not for sale," he said in a statement issued on Tuesday evening. "We love what we build and we are always looking for further investment. This is no different to how we started AirAsia"Yes, we are constantly challenging ourselves and making decisions on everything from the structure to projects within the Group. That is normal business."That does not mean we are selling."Indeed the shareholders of the Group, co-Chairmen Fernandes and Datuk Kamarudin Meranun, both said they 'remain wholly committed to the Caterham...
Full Story »
9mo ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Fernandes to put Caterham group – including F1...

Tony Fernandes will sell the Caterham automotive group, including the...
9mo ago from RichlandF1.com

Official: Caterham Group not for sale

Following speculation at the weekend that Tony Fernandes is looking to...
9mo ago from Pitpass.com

Fernandes: Caterham is not for sale

Tony Fernandes says the Caterham Group is not for sale amid reports he...
9mo ago from Crash.net

Fernandes puts Caterham up for sale

Sutton Images Enlarge Tony Fernandes is looking to sell Caterham for...
9mo ago from espnF1.com

Elsewhere On The Network

Popular On MotoGPToday.com

Sepang Michelin test ends in fast crashes for front...

The first test of next season’s new MotoGP control Michelin tyres has...
17h ago from MotorcycleNews.c...

Vinales 'improving day by day'

Suzuki's Maverick Vinales spent the final day of the second Sepang MotoGP...
6h ago from Crash.net

Crutchlow Ends Second Sepang Test On A High

Cal Crutchlow finished the second Sepang pre-season test in fine fashion...
11h ago from TheCheckeredFlag...

Rookie Laverty has 'cause for optimism'

MotoGP rookie Eugene Laverty has cause for optimism after wrapping up the...
6h ago from Crash.net

Popular On TotalWRC.com

Rally Rewind: Rally Guanajuato Mexico 2014

Beginning our series of countdown stories ahead of the 2015 Rally...
13h ago from WRC.com

Aussie champion Pedder joins WRC 2

Melbourne-based Pedder will drive a Ford Fiesta R5 in Portugal, Italy,...
14h ago from WRC.com

New Skoda Fabia R 5 impresses Kopecky

Former WRC driver Jan Kopecky has been helping develop the new Skoda...
17h ago from Crash.net

Sordo ready for WRC return in Mexico

Dani Sordo says he feels fighting fit to return to the World Rally...
1d ago from Crash.net

Popular On GunnersToday.com

Arsenal tipped as the frontrunners to sign...

Arsenal have been tipped as the frontrunners to sign Borussia Dortmund...
2h ago from SportsMole.co.uk

[Image] Disappointing stats show Olivier Giroud's...

  Things had been looking up for Arsenal in recent weeks, but we were...
4h ago from AllArsenal.com

Angry Arsene Wenger BLASTS Arsenal after Champions...

GETTY Arsene Wenger tore into his players after their humiliating defeat...
5h ago from Express.co.uk

Arsenal's defeat to Monaco proves England's finest...

There was a theme in the dismantling of Premier League hopes in the...
5h ago from Telegraph.co.uk

Comments

comments powered by Disqus

Hottest News

Why In The World Carmen Jorda?

The appointment of Carmen Jorda to the role of... Read More »
3h ago from FormulaSpy.com

Merc quickest, McLaren woes continue

While Lewis Hamilton set the pace at lunch on Day... Read More »
15h ago from PlanetF1.com

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.