News Details

Fernandes not selling Caterham

Caterham owner Tony Fernandes has denied that his group of companies, which includes the F1 team, is up for sale but said it is seeking new investment.Reports in at the weekend said the AirAsia budget airline boss was seeking to sell the Leafield-based outfit and sportscar company and that an information memorandum was being circulated in the Middle East. But in a statement issued on Tuesday, Fernandes said: "Caterham Group is not for sale. "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...
Full Story »
10mo ago from SkySports.com 0
Share

You May Also Be Interested In...

Fernandes insists Caterham Group not for sale

The Caterham Group is not for sale according to a statement from the...
10mo ago from TheF1Times.com

'Caterham up for sale'

If you want to own a Formula 1 team now is the time to get in there as...
10mo ago from PlanetF1.com

Fernandes insists Caterham not for sale

Caterham F1 Team Caterham owner Tony Fernandes has dismissed reports that...
10mo ago from F1Zone.net

'Caterham up for sale'

Tony Fernandes has taken the first steps towards selling Caterham with a...
10mo ago from SkySports.com

Elsewhere On The Network

Popular On MotoGPToday.com

Espargaro Retains Practice Lead in Argentina

Aleix Espargaro kept Suzuki at the top of the MotoGP practice timesheets...

Friday roundup from Argentina

No description available...

Redding sets best time on new extra-hard Bridgestone...

Scott Redding clocked his best time in Argentina during the opening day...
7h ago from Crash.net

Rossi: “The big issue is the tyres”

Movistar Yamaha’s Valentino Rossi completed the first day of practice...
7h ago from MotoGP.com

Popular On IndyCarToday.com

IndyCar: Will Power tops tight battle in FP2 at Long...

Don't miss a thing at the 41st Toyota Grand Prix of Long Beach. Get the...
4h ago from Racer.com

Alesi takes double pole on car racing debut

Giuliano Alesi, the 15-year-old son of former Ferrari Grand Prix star...
10h ago from Motorsport.com

IndyCar: Dixon leads Ganassi 1-2 in Long Beach FP1

Scott Dixon, who hasn’t won on this track since the Indy Lights race in...
8h ago from Racer.com

Moran to replace Huertas at Long Beach

Dale Coyne Racing has announced that Carlos Huertas will not be competing...
10h ago from Crash.net

Popular On TotalWRC.com

Rally Argentina: Event timetable

Complete event timetable for Rally Argentina, the fourth round out of 13...
15h ago from Crash.net

Lappi heads Skoda WRC 2 challenge

European champion Esapekka Lappi will step up to head the Czech...
17h ago from WRC.com

Hyundai brings paddles to Argentina

And they'll get to use them a lot, in those water splashes. Now, after...
19h ago from WorldRallyBlog.c...

Bryan Herta Autosport expands into GRC

Former IndyCar driver will field two teams with Sandell and Dyne as...
1d ago from Motorsport.com

Popular On GunnersToday.com

Scholes Admits Di Maria’s Arsenal Red Card Helped...

It has been reported that Paul Scholes believes Manchester United’s...
3h ago from Nastytackle.com

Aaron Ramsey not giving up on Arsenal FA Cup, Premier...

Aaron Ramsey has insisted that an FA Cup and Premier League double is...
5h ago from SportsMole.co.uk

Ramsey - Let's work first, then play

Aaron Ramsey says Arsenal must match Reading’s intensity and...
7h ago from Arsenal.com

Five players that have returned to haunt their former...

As Juan Mata prepares for a return to Stamford Bridge and a reunion with...
8h ago from CaughtOffside.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.