News Details

Caterham team not for sale

Flamboyant Malaysian millionaire Tony Fernandes contrary to press reports is not looking to sell his Caterham Formula One team he announced in a statement on Tuesday. Fernandes, who also owns budget airline AirAsia and the English football club Queens Park Rangers who made an immediate return to the Premier League after winning their play-off final last Saturday, added that the group is looking to attract outside investment. Fernandes had felt compelled to issue the statement after it had been reported by Malaysia's Edge financial daily on Sunday that he planned to offload the group's assets, adding that an information memorandum for the sale was being circulated in the Middle East....
Full Story »
9mo ago from SuperSport.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...
9mo ago from GrandPrix247.com

Fernandes insists Caterham Group not for sale

The Caterham Group is not for sale according to a statement from the...
9mo ago from TheF1Times.com

Fernandes to put Caterham group – including F1...

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

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

Michelin: Elbow style to stay in 2016

MotoGP riders will continue dragging their elbows through corners,...
29m ago from Crash.net

Improving GP15 impresses Iannone

Ducati's new GP15 has already received rave reviews since its launch,...
3h ago from SuperSport.com

Rossi: New Ducati fast , tyre rule unfair

After witnessing the new GP15's initial laps at last week's Sepang MotoGP...
1d ago from Crash.net

'Catalunya Moto' exhibition opens to the public

The exhibition, which runs from March 3 until October 25, celebrates the...
13h ago from MotoGP.com

Popular On IndyCarToday.com

Ed Jones and Carlin Racing Shine at Soggy Barber Test

Indy Lights Presented by Cooper Tires made the prudent decision to...

IndyCar: Teams take delivery of aero kits ahead of...

Teams aligned with either Chevrolet or Honda have taken delivery of the...
9h ago from Racer.com

IndyCar vs. action motorsports – a retraction

RACER.com has removed a story that appeared yesterday (Friday 02/27)...
1d ago from Racer.com

Testing IndyCar's aero kits with Tony Kanaan

Tony Kanaan spoke in an interview with Motorsport.com about his time...
1d ago from Motorsport.com

Popular On TotalWRC.com

Slow starters could clean up in Mexico

Mexico is the first of a run of six loose-surface rallies, and the first...
14h ago from WRC.com

Hyundai Motorsport runs upgraded engine in Mexico

Hyundai Motorsport has brought its upgraded engine with a new fuel...
15h ago from Crash.net

Kiwi upbeat ahead of Mexico debut

The Kiwi completed the recce at Rally Guanajuato Mexico (5 - 8 March)...
15h ago from WRC.com

Paddon fully focused for Rally Mexico

Hayden Paddon says he is focusing on his best performance on unfamiliar...
22h ago from Crash.net

Popular On GunnersToday.com

Valencia Determined To Keep Hold Of Arsenal Target...

Reports are out claiming that Valencia president Amadeo Salva is...
3h ago from Nastytackle.com

Arsenal & Man United Target Worth £30m, According To...

Arsenal want to sign Roberto Firmino this summer. Hoffenheim coach Markus...
5h ago from CaughtOffside.com

Arsene Wenger: I was going to sell Francis Coquelin...

GETTY Francis Coquelin suffered a blow to his nose after a clash with...
7h ago from Express.co.uk

Stephan El Shaarawy set for San Siro exit?

Arsenal and Tottenham Hotspur have been alerted to the availability of AC...
10h ago from SportsMole.co.uk

Comments

comments powered by Disqus

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.