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 »
1y 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...
1y ago from TheF1Times.com

Caterham Group not for sale insists Fernandes

Tony Fernandes has officially dismissed reports that he is intending to...
1y ago from RichlandF1.com

Fernandes not selling Caterham

Caterham owner Tony Fernandes has denied that his group of companies,...
1y ago from SkySports.com

Fernandes: Caterham Group is not for sale

– Tony Fernandes has confirmed he is not looking to sell the...
1y ago from GPUpdate.net

Elsewhere On The Network

Popular On MotoGPToday.com

Valentino Rossi wins British MotoGP

Valentino Rossi of Italy moved to the top of the world championship...
11h ago from SuperSport.com

Marquez: Title fight over as floating feel returns

Marc Marquez says his chances of defending his MotoGP crown are...
7h ago from Crash.net

Rossi reclaims title lead amid Silverstone drama

– Yamaha's Valentino Rossi came out on top in a dramatic British...
11h ago from GPUpdate.net

Popular On IndyCarToday.com

Dixon Steals the Win and Championship in Sonoma

Some slick pit work and strategy vaulted Scott Dixon up into the lead,...

Power stays hot for final Sunday warm-up

Penske's Will Power firmly established himself as the man to beat in the...
6h ago from Crash.net

Scott Dixon wins IndyCar title in Sonoma thriller

Star New Zealander Scott Dixon has claimed his fourth IndyCar Series...
1h ago from SpeedCafe.com

IndyCar: Overnight engine change for championship...

Rahal Letterman Lanigan Racing's Graham Rahal will go into today's...
6h ago from Racer.com

Popular On TotalWRC.com

Lefebvre's WRC return on Tour de Corse

Frenchman gets a second World Rally Car outing on asphalt
14h ago from WRC.com

F1 ace Jenson Button tests Mini and VW Beetle...

Formula 1 star Jenson Button tested rallycross cars at Lydden Hill today...
4d ago from Motorsport.com

Loeb says WRC return not in his plans

Sebastien Loeb says that a return to the WRC is not part of his plans,...
3d ago from Motorsport.com

Meeke: 'I have to continue working'

Brit counting on an error-free Australia
2d ago from WRC.com

Popular On GunnersToday.com

Arsenal midfielder FIRES back at critics, says 'it’s...

Arsenal midfielder Aaron Ramsey says he feels criticism of the team has...
1h ago from CaughtOffside.com

Ramsey - Our patience was crucial

Aaron Ramsey believes patience was crucial in Arsenal’s win at...
3h ago from Arsenal.com

Arsene Wenger praises efficient Arsenal as the Gunners...

ARSENAL won a game they never looked like losing and but for home keeper...
2h ago from Express.co.uk

Football transfer rumours for August 30, 2015

There is only one day to go before the end of transfer window and there...
6h ago from SportsKeeda.com

Comments

comments powered by Disqus

Hottest News

Recent News

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.