News Details

Fernandes denies Caterham is for sale

Following recent rumours of a possible sale of Caterham, chairman Tony Fernandes has officially denied that the Caterham Group is or will soon be up for sale. Recent reports claimed that Fernandes was preparing to put the company up for sale, but in a press release today, the company formally denies any such moves, instead clarifying they are searching for further investment to strengthen the group. 'The reports circulating this weekend are factually incorrect. 'It is, however, true that the Group is actively searching for additional investment as it seeks to fulfil ambitious plans to develop. The shareholders of the Group, co-Chairmen Tony Fernandes and Datuk Kamarudin Meranun, remain...
Full Story »
11mo ago from F1Technical.net 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...
11mo ago from TheF1Times.com

Caterham Group not for sale insists Fernandes

Tony Fernandes has officially dismissed reports that he is intending to...
11mo ago from RichlandF1.com

Fernandes not selling Caterham

Caterham owner Tony Fernandes has denied that his group of companies,...
11mo ago from SkySports.com

Fernandes: Caterham Group is not for sale

– Tony Fernandes has confirmed he is not looking to sell the...
11mo ago from GPUpdate.net

Elsewhere On The Network

Popular On MotoGPToday.com

MotoGP moves closer to Indonesian race from 2017

Indonesia could return to the MotoGP calendar from 2017 after series...
2h ago from Motorsport.com

MotoGP to return to Indonesia?

Indonesia may return to the MotoGP calendar from 2017 after talks...
6h ago from SuperSport.com

Rivals refuse to write off Marquez

With Marc Marquez having won only one race this there has been plenty of...
23h ago from MotorcycleNews.c...

MotoGP finally returning to Indonesia?

MotoGP could return to Indonesia in 2017. Talks were held in Jakarta...
1d ago from Crash.net

Popular On IndyCarToday.com

Monaco GP2: Vandoorne wins street fight with Rossi

McLaren junior driver Stoffel Vandoorne defeated Alexander Rossi for this...
3h ago from Motorsport.com

F1 under pressure to ban alcohol sponsorship

Formula 1 bosses faced fresh pressure on Friday to ban alcohol sponsorship...
4h ago from Motorsport.com

Hamilton confirmation puts squeeze on F1 driver market

Lewis Hamilton’s commitment to Mercedes for another three years has put...
7h ago from Motorsport.com

Brundle to test 18-inch Pirelli GP2 car at Monaco

Grand Prix veteran-turned-TV commentator Martin Brundle is drive an...
7h ago from Motorsport.com

Popular On TotalWRC.com

RX: BTCC ace wins rallycross talent search

Former British Touring Car driver Tom Onslow-Cole has won the inaugural...
43m ago from Crash.net

SS5: Fires force stage cancellation

Friday’s afternoon’s opening stage is scrubbed
1h ago from WRC.com

SS5 of Rally de Portugal cancelled

The organisers of Rally de Portugal have cancelled SS5, the repeat-run...
1h ago from Crash.net

Latvala seizes lead in Portugal

Volkswagen's Jari-Matti Latvala heads the pack on Rally de Portugal,...
2h ago from Crash.net

Popular On GunnersToday.com

Nicholas concerned for Walcott

Charlie Nicholas fears that Arsenal could lose Theo Walcott this summer if...
2h ago from SkySports.com

Premier League: 10 questions for the final day

Final day preview: Will Hull or Newcastle be relegated? Will Raheem...
4h ago from Telegraph.co.uk

Man United target and Chelsea flop being considered by...

Atletico Madrid are looking to solve their problem left-back position...
4h ago from CaughtOffside.com

Arsenal transfer news and rumours: Barcelona eye £50...

Arsenal Barcelona plan to make a £50 million-plus bid for Arsenal...
7h ago from Telegraph.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.