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Caterham F1 sale could be announced this week

Caterham Group owner Tony Fernandes is believed to have found a buyer for his Formula 1 team following months of speculation about the Leafield-based outfit. The Malaysian businessman issued a warning at the start of the 2014 season which suggested he may pull out of F1 if Caterham fails to score a point this year - which it's yet to do unlike chief rival Marussia. "If we're at the back I don't think I'm going to carry on," he said in February. "Nothing is set in stone, but after five years with no points there is a limit to one's patience, money, motivation, etc. So it's an important year." However the team denied reports of a potential sale in May, insisting they...
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4mo ago from TheF1Times.com 0
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