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Caterham's Fernandes hints at F1 exit

Caterham owner Tony Fernandes has hinted he is looking to quit Formula 1. The Malaysian businessman, who entered the sport in 2010, said in closing his Twitter account on Friday: 'F1 hasn't worked, but love Caterham Cars.' The struggling team, which finished last in 2013 and are again in that position this season, have held talks with potential investors and buyers. They include former Midland, Spyker and HRT team boss Colin Kolles, who is trying to set up a Romanian F1 team. Fernandes, who owns airline Air Asia and Premier League team Queens Park Rangers, entered F1 four years ago with what was then called Lotus Racing. The team's name was changed to Caterham in 2012 after Fernandes...
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1y ago from BBC.co.uk 0
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