News Details

Caterham Group not for sale insists Fernandes

Tony Fernandes has officially dismissed reports that he is intending to put the Caterham Group up for sale. Reports surfaced in the Malaysian media ahead of the Monaco Grand Prix that Fernandes was looking to sell the Group – which includes the Caterham F1 Team and Caterham Cars. However, in a short statement released on Tuesday evening, Fernandes had rubbished those reports as factually incorrect, insisting he remains fully committed to the Group, for which he is actively seeking further investment. “Caterham Group is not for sale,” confirmed the Malaysian businessman, who also owns no-thrills airline AirAsia and the recently promoted Premier League football club Queens Park...
Full Story »
1y ago from RichlandF1.com 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...
1y ago from RichlandF1.com

Fernandes insists Caterham not for sale

Caterham F1 Team Caterham owner Tony Fernandes has dismissed reports that...
1y ago from F1Zone.net

Fernandes tight lipped about Caterham sale reports

Tony Fernandes Businessman Tony Fernandes is not responding to mounting...
1y ago from GrandPrix247.com

Fernandes puts Caterham up for sale

Sutton Images Enlarge Tony Fernandes is looking to sell Caterham for...
1y ago from espnF1.com

Elsewhere On The Network

Popular On MotoGPToday.com

MotorLand Aragon: Mir, Pons and Morales take wins

Today was the fourth event and midpoint of the FIM CEV Repsol 2015, so...
7h ago from MotoGP.com

Dovizioso set to tie Rossi's record

MotoGP Ducati rider Andrea Dovizioso is expected to start his 230th...
16h ago from SuperSport.com

Movistar Yamaha’s 2015 success

Having won all but one race so far this year, Movistar Yamaha MotoGP are...
21h ago from MotoGP.com

Rossi: 15 years of winning

Not happy with breaking the records of others, Valentino Rossi broke one...
1d ago from MotoGP.com

Popular On IndyCarToday.com

Power penalised for Fontana incident

– Will Power has been fined $25,000 and placed on probation for the...
3d ago from GPUpdate.net

IndyCar: 'Insane' race spurs critics, supporters

Several leading IndyCar drivers including Juan Pablo Montoya, Will Power...
1w ago from Racer.com

IndyCar Power fined $25k; Vautier $10K, Rahal $5k...

The Verizon IndyCar Series has informed its teams of the penalties...
4d ago from Racer.com

2016 IndyCar season to be longer, Road America may...

IndyCar is expecting a stronger schedule for next season, which will last...
4d ago from Motorsport.com

Popular On TotalWRC.com

Sebastien Ogier wins in Poland for second year in a row

The Frenchman, who beat Volkswagen team mate Andreas Mikkelsen by 11.9...
9h ago from EuroSport.com

"Proper go" puts Tanak on podium

M-Sport's Ott Tanak says he enjoyed every single minute of Rally Poland...
6h ago from Crash.net

Championship leader Solberg wins hearts, minds and...

All good runs come to an end.   After finishing first or second at every...
7h ago from Motorsport.com

Hansen stripped of World RX victory after incredible...

A decision by the race stewards has altered the race outcome. In the final...
7h ago from Motorsport.com

Popular On GunnersToday.com

Gunners great Jens Lehmann criticises 'mediocre'...

That is according to Gunners great Jens Lehmann. Ozil came into his own...
4h ago from Express.co.uk

West Ham On The Verge Of Signing Ex-Arsenal Midfielder...

It has been reported that West Ham United are keen to secure the services...
54m ago from Nastytackle.com

7 stats that prove Petr Cech is a Premier League legend

Petr Cech might have completed his move to Arsenal from Chelsea recently,...
7h ago from SportsKeeda.com

Liverpool sign Arsenal youngster Elijah Dixon-Bonner

Liverpool have snapped up promising young midfield prospect Elijah...
5h ago from SportsMole.co.uk

Comments

comments powered by Disqus

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.