News Details

Fernandes sells Caterham to new owners, as Albers takes the helm

After much speculation over the past few weeks, it was rumoured that Caterham owner, Tony Fernandes, could be in the process of selling the Leafield-based operation.  His recent tweet last Friday, stating that 'F1 hasn't worked, but love Caterham Cars,' was the biggest clue to the fact that his relationship with Formula One was soon to come to an end, which became official this afternoon with immediate effect. Fernandes has now closed down his Twitter account, and will continue concentrate on his commitments on the road car aspect of the business, as well as his directorial role at Air Asia and Queens Park Rangers. The Malaysian had already stated earlier this season that he would look...
Full Story »
2y ago from RichlandF1.com 0
Share

You May Also Be Interested In...

Caterham boss Fernandes admits F1 hasn t worked

Speculation concerning the future of the Caterham F1 team has been...
2y ago from Crash.net

Tony Fernandes hints at Caterham sale

Caterham owner Tony Fernandes has dropped the biggest hint yet that he...
2y ago from RichlandF1.com

Fernandes hints at Formula 1 exit

Caterham F1 Team Caterham owner Tony Fernandes has hinted that he is set...
2y ago from F1Zone.net

Fernandes closes on Caterham F1 sale

The future of the Caterham F1 team is expected to become clearer this...
2y ago from SpeedCafe.com

Elsewhere On The Network

Popular On MGPToday.com

Ducati says Lorenzo knows its bike is competitive

Ducati boss Paolo Ciabatti insists that Jorge Lorenzo is fully aware that...
38m ago from Motorsport.com

Rossi wants race radios

Movistar Yamaha MotoGP rider Valentino Rossi said that he would like to...
1h ago from SuperSport.com

MotoGP: Marquez ‘intermediates don’t exist to us’

While the gamble to switch straight from full wets to slicks – and...

MotoGP: Rossi calls for introduction of race radios

One of the calls Valentino Rossi made in the aftermath of last week’s...

Popular On IndyCarToday.com

MILLER: Getting to know Mikhail Aleshin

You can learn a lot about someone by sitting next to them in an airport...
27m ago from Racer.com

Miles clarifies Tony George’s position as chairman...

Mark Miles, CEO of Hulman & Company, parent company of IndyCar and...
17h ago from Motorsport.com

INDYCAR: George is Hulman & Co. board chairman

Tony George was revealed on Sunday to have replaced his mother, Mari...
17h ago from Racer.com

INDYCAR: Aeroscreens likely for 2018

The Verizon IndyCar Series isn’t ready to confirm its solution or...
3d ago from Racer.com

Popular On TotalWRC.com

WRC all-stars at VW's Polo R test

Advertising VW test driver, and double world champion, Marcus Grönholm...
2h ago from WRC.com

Toyota testing tops 5,000km

Toyota testingtops 5,000km Toyota Gazoo Racing has completed more than...
7h ago from WRC.com

A remarkable third-place class finish for ALDO Racing...

A real adventure in no man's land from Moscow to Beijing for Canadians...
1d ago from Motorsport.com

2017 World Rally Cars uncovered: Part 2

2017 World Rally Carsuncovered: Part 2 In the second part of our look...
1d ago from WRC.com

Popular On GunnersToday.com

Picture Special: Arsenal jet off in style to US for...

ARSENAL have jetted off to the USA for their pre-season tour.
1h ago from Express.co.uk

Riyad Mahrez 'not bothered' by transfer speculation...

Riyad Mahrez 'not bothered' by transfer speculation amid Arsenal interest...
4h ago from DailyMail.co.uk

Before and after: Messi and the five other big name...

IONEL MESSI is the latest star player to go blonde this summer, as the...
6h ago from DailyStar.co.uk

Comments

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.