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 »
10mo 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...
10mo ago from TheF1Times.com

Caterham Group not for sale insists Fernandes

Tony Fernandes has officially dismissed reports that he is intending to...
10mo ago from RichlandF1.com

Fernandes not selling Caterham

Caterham owner Tony Fernandes has denied that his group of companies,...
10mo ago from SkySports.com

Fernandes: Caterham Group is not for sale

– Tony Fernandes has confirmed he is not looking to sell the...
10mo ago from GPUpdate.net

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...

Rossi: “The big issue is the tyres”

Movistar Yamaha’s Valentino Rossi completed the first day of practice...
9h ago from MotoGP.com

Friday roundup from Argentina

No description available...

MotoGP Argentina: Espargaro tops opening practice

Suzuki's Espargaro heads a topsy-turvy MotoGP session which saw Marquez...
17h ago from BikeSportNews.com

Popular On IndyCarToday.com

IndyCar: Long Beach gallery - Friday

Sights from day 1 IndyCar action at the Toyota Grand Prix of Long Beach....
2h 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...
12h ago from Motorsport.com

Moran to replace Huertas at Long Beach

Dale Coyne Racing has announced that Carlos Huertas will not be competing...
12h ago from Crash.net

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...
7h ago from Racer.com

Popular On TotalWRC.com

Rally Argentina: Event timetable

Complete event timetable for Rally Argentina, the fourth round out of 13...
17h ago from Crash.net

Lappi heads Skoda WRC 2 challenge

European champion Esapekka Lappi will step up to head the Czech...
19h ago from WRC.com

Hyundai brings paddles to Argentina

And they'll get to use them a lot, in those water splashes. Now, after...
21h 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

Mikel Arteta: I'm desperate to stay at Arsenal and...

GIMME FIVE: Arteta says it will take minutes to sort out his new contract...
1h ago from DailyStar.co.uk

Alexandre Lacazette & nine of Europe's finest we wish...

Arsenal, Manchester United, Liverpool, and Newcastle look set to give up...
2h ago from CaughtOffside.com

Ramsey: 'Last year's FA Cup trophy win has eased the...

Arsenal midfielder Aaron Ramsey has admitted that the club's triumph in...
2h ago from SportsMole.co.uk

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

Aaron Ramsey has insisted that an FA Cup and Premier League double is...
8h ago from SportsMole.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.