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

Fernandes insists Caterham Group not for sale

The Caterham Group is not for sale according to a statement from the...
2y ago from TheF1Times.com

Fernandes to put Caterham group – including F1...

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

Fernandes puts Caterham up for sale

Sutton Images Enlarge Tony Fernandes is looking to sell Caterham for...
2y ago from espnF1.com

Elsewhere On The Network

Popular On MGPToday.com

Rossi laments “stupid mistake” that cost Assen...

Valentino Rossi was left to lament his own “stupid mistake” after...
12h ago from Motorsport.com

MotoGP Assen: Debut victory gives Miller a...

Estrella Galicia Marc VDS rider Jack Miller has a lot to celebrate this...
10h ago from BikeSportNews.com

Assen MotoGP: Jack Miller stuns in wet and wild...

Jack Miller scored his maiden MotoGP race victory in a sensational wet...
16h ago from Motorsport.com

MotoGP Assen: Sunday times and race results

All the results from the Dutch GP
22h ago from BikeSportNews.com

Popular On IndyCarToday.com

"What They're Saying" from KOHLER Grand Prix

Top 10 quotes from the Kohler Grand Prix Verizon IndyCar Series race on...
7h ago from Motorsport.com

INDYCAR: Power holds off Kanaan at Road America

Team Penske's Will Power mastered the Road America circuit on IndyCar's...
10h ago from Racer.com

INDYCAR: Rahal envious of Chevy’s top speed

Honda's leading driver at the high-speed Road America circuit spent most...
7h ago from Racer.com

"What They're Saying" from qualifying at...

Top 10 quotes from qualifying for the KOHLER Grand Prix Verizon IndyCar...
15h ago from Motorsport.com

Popular On TotalWRC.com

Ogier draws 'additional strength' from fatherhood

Will Tim make the champ even faster?
2d ago from WRC.com

Paddon targets Poland bounce back

Kiwi keen to put recent disappointment behind him
1d ago from WRC.com

Craig Breen and Stéphane Lefebvre to represent Abu...

Winners of Rally de Portugal with Kris Meeke and Paul Nagle, the Abu Dhabi...
2d ago from Motorsport.com

Hyundai Motorsport targets podium at fast and furious...

Hyundai Motorsport is ready to challenge for another podium result in...
2d ago from Motorsport.com

Popular On GunnersToday.com

Fellaini, Ramsey, Origi... who has the most hilarious...

TARSPORT take you through some of the most hilarious trims in Euro 2016.
1h ago from DailyStar.co.uk

Which Euro 2016 player has the most tattoos and how...

OOTBALLERS love tattoos so much, it's almost harder to find a player...
2h ago from DailyStar.co.uk

Pictures: Half the Premier League stadiums were built...

EXPRESS SPORT takes a look at which top-flight team has the oldest ground...
57m ago from Express.co.uk

Spotted: Alex Oxlade-Chamberlain snapped with...

ALEX OXLADE-CHAMBERLAIN has been spotted with former Arsenal striker...
8h ago from Express.co.uk

Comments

Hottest News

Alonso confident McLaren can topple Mercedes

Fernando Alonso remains confident McLaren-Honda... Read More »
9h ago from F1Hub.net

Goodwood – The Glastonbury of Motorsport

Those who know me know of my obsession with... Read More »
1h ago from JWGrandPrix.com

Palmer confident he will stay with Renault for 2017

Jolyon Palmer is confident that he will retain... Read More »
14h ago from FormulaSpy.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.