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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...
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11mo ago from SkySports.com 0
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