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

Dovizioso grabs shock pole position for Qatar season...

Andrea Dovizioso will start from a surprise MotoGP pole position for...
11h ago from Motorsport.com

Espargaro: We are really f**ked in that aspect!

Pol Espargaro apologised for his language as he described his frustration...
5h ago from Crash.net

MotoGP Qatar: Saturday qualifying times

All the times from today's MotoGP, Moto2 and Moto3 qualifying sessions in...
14h ago from BikeSportNews.com

Lowes takes first Moto2 pole despite crash

Britain’s Sam Lowes will start from pole position at the Commercial...
9h ago from MotoGP.com

Popular On IndyCarToday.com

Power poles Penske rout of IndyCar opener

Defending Verizon IndyCar Series Champion, Will Power has led all four...
7h ago from SpeedCafe.com

St Petersburg: Qualifying results

Power leads Penske 1-2-3-4 grid sweep at St Pete Qualifying times Round 1...
8h ago from Crash.net

IndyCar: Power edges closer to St. Pete lap record in...

Will Power whittled his fastest lap down to 61.3621 in Saturday...
12h ago from Racer.com

St Petersburg: Practice 1 results

Penske's Power paces St Pete first practice Practice 1 times 1. Will...
1d ago from Crash.net

Popular On TotalWRC.com

Loeb set for another World Rally Car outing

The nine-time World Champion will participate in the Epernay Vins de...
2d ago from WRC.com

Argentina supports flood victims

More than 30cm of rain, a third of the area’s annual rainfall, fell in...
1d ago from WRC.com

Tidemand inks Skoda deal

2013 Junior WRC champion Pontus Tidemand joins Skoda to compete in the...
2d ago from Crash.net

RX: World Rallycross launches UK talent competition

The FIA World Rallycross championship has launched a nationwide talent...
3d ago from Crash.net

Popular On GunnersToday.com

Arsenal Target Martin Montoya Ready To Quit Barcelona

It has been reported that Martin Montoya is ready to leave Barcelona this...
5h ago from Nastytackle.com

Roy Hodgson reveals key role in Danny Welbeck's...

GETTY Roy Hodgson says he advised Arsene Wenger on Danny Welbeck...
7h ago from Express.co.uk

Report: Arsenal close in on Federico Valverde

Uruguayan youngster Federico Valverde is nearing a £2.5m move to...
15h ago from SportsMole.co.uk

Barcelona keeps tabs on Arsenal starlet Hector Bellerin

WANTED: Barcelona are keeping tabs on Hector Bellerín [GETTY] Gunners...
7h ago from DailyStar.co.uk

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.