News Details

Caterham team not for sale

LONDON, May 27, 2014 (AFP) - 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...
Full Story »
11mo ago from F1Plus.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...
11mo ago from RichlandF1.com

Mallya denies money scandals hurting Force India image

Subrata Roy Sahara with Vijay Mallya Vijay Mallya has distanced Force...
1y ago from GrandPrix247.com

Caterham Formula One Team up for Sale, Says Report

Kuala Lumpur:  Flamboyant Malaysian millionaire Tony Fernandes has...
11mo ago from NDTVSports.com

Hamilton tops final Monte-Carlo practice

– Lewis Hamilton returned to the top of the timesheets during final...
11mo ago from GPUpdate.net

Elsewhere On The Network

Popular On MotoGPToday.com

Rossi doubted he could win again – Yamaha

MotoGP legend Valentino Rossi doubted whether he could win again in the...
3d ago from Motorsport.com

Rivals refuse to write off Marquez

With Marc Marquez having won only one race this there has been plenty of...

MotoGP finally returning to Indonesia?

MotoGP could return to Indonesia in 2017. Talks were held in Jakarta...
2d ago from Crash.net

Dovi primed for Mugello win?

In this weekend' Motorcycle News you can read about how Ducati may well...

Popular On IndyCarToday.com

Brundle: 18-inch tyres are the future

Former Grand Prix star Martin Brundle believes that Formula 1 – and all...
37m ago from Motorsport.com

The Andretti Curse - Will it end in 2015?

Three generations of the Andretti family have attempted to win at Indy and...
13h ago from Motorsport.com

Mercedes' Lewis claims first ever pole position in...

Nico Rosberg gets P2 claiming his fourth consecutive front row grid slot...
15h ago from Motorsport.com

Lucas di Grassi stripped of Berlin win

As a result of the exclusion, Jerome d'Ambrosio has won his first FIA...
12h ago from Motorsport.com

Popular On TotalWRC.com

Latvala repels Ogier to retain Portugal lead

Despite enduring the worst road conditions of the frontrunners, Ogier...
13h ago from WRC.com

Evans: It was a clumsy error

M-Sport's Elfyn Evans says a “clumsy error” on his part was to blame...
10h ago from Crash.net

Rally Portugal: Musings After Leg 1

Road sweeping: After the roughness of Rally Argentina negated some of the...

Latvala clings on in Portugal

Jari-Matti Latvala clung on to his lead after day two of the Rally of...
13h ago from SkySports.com

Popular On GunnersToday.com

Arsene Wenger Ponders Big-Name Summer Signing

It has been revealed that Arsenal boss Arsene Wenger is coy over his...
3h ago from Nastytackle.com

Jack Wilshere: Leaving Arsenal would 'hurt' me

Jack Wilshere has admitted that he would be "hurt" if Arsenal...
6h ago from SportsMole.co.uk

Arsenal predicted lineup vs West Brom: All change as...

We could see a whole host of changes against West Bromwich Albion this...
1h ago from AllArsenal.com

Man City To Offer Edin Dzeko In Bid For Arsenal Target...

It has been reported that Manchester City will include Edin Dzeko in...
1h ago from Nastytackle.com

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.