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Caterham boss Fernandes admits 'F1 hasn't worked'

Caterham owner Tony Fernandes has once again reignited speculation that he is looking to offload his Formula 1 team. The Malaysian businessman closed his popular Twitter account on Thursday, but before doing so he tweeted a short statement hinting that he'll look to keep the automobile operation but dump the F1 side of Caterham. "F1 hasn't worked but love Caterham cars," said the 50-year-old. We reported that the team was put up for sale earlier this year, but the team denied the report, claiming they are "actively searching for additional investment." Fernandes' tweet won't help their cause, whilst a source close to the team told The F1 Times that they are under no...
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1y ago from TheF1Times.com 0
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