News Details

Caterham sold but will continue in F1, Albers to run team

Beleaguered with over four and a half years of no success despite bleeding millions every season, Malaysian entrepreneur Tony Fernandes has sold his Caterham Formula One team to a consortium of Swiss and Middle Eastern investors and washed his hands from the sport. Having launched the team in 2010 as Lotus, Fernandes changed the name to Caterham in 2012 after a bitter dispute with the Enstone-based outfit which carried the same name. Caterham, in its two guises, remains the only team on the current that hasn’t scored a point in F1, and this year has been beaten consistently by immediate rivals Marussia, which scored its first points at the Monaco Grand Prix. The sale of the team was...
Full Story »
9mo ago from F1Pulse.com 0
Share

You May Also Be Interested In...

Official: Caterham sold to Swiss and Middle Eastern...

Following days of speculation resulting from Tony Fernandes mysterious...
9mo ago from Pitpass.com

New owners at Caterham

Caterham confirmed on Wednesday that Tony Fernandes has sold the team to a...
9mo ago from SkySports.com

Fernandes sells Caterham F1 Team

– Tony Fernandes and his partners have sold the Caterham F1 Team to...
9mo ago from GPUpdate.net

Fernandes exits as Caterham confirm takeover

Caterham have confirmed that former team principal Tony Fernandes and his...
9mo ago from Formula1.com

Elsewhere On The Network

Popular On MotoGPToday.com

Marquez breaks finger in training crash

REPSOL Honda rider Marc Marquez fractured his little finger of...
3h ago from VisorDown.com

Marquez breaks finger in dirt-track crash

Reigning MotoGP World Champion has undergone surgery to plate the little...
3h ago from BikeSportNews.com

Surgery for Marquez after finger fracture

Marc Marquez needed surgery today after suffering a fractured little...

#Sam22Blog: “I had tears in my eyes straightaway”

Sam Lowes talks us through his debut Moto2 victory in Austin, his podium...
4h ago from MotoGP.com

Popular On IndyCarToday.com

Castroneves outruns the rain to win Alabama pole

– Hélio Castroneves put in a quick lap early in the third...
1h ago from GPUpdate.net

Will Power takes charge in practice 2

Will Power started to show his hand in second practice for the Honda Indy...
3h ago from Crash.net

Alabama: Practice 2 results

Will Power takes charge in practice 2 Practice 2 times 1. Will Power (C)...
3h ago from Crash.net

IndyCar: Power on top in Barber’s second practice

Don't miss a thing at the Honda Indy Grand Prix of Alabama. Get the new...
4h ago from Racer.com

Popular On TotalWRC.com

Spectators injured in Rally Argentina crash

Local reports claim that six spectators have been taken to hospital...
3h ago from Motorsport.com

Six hurt as car careers into crowd in Arg

Six spectators were hurt after a car driven by New Zealand's Hayden...
3h ago from SuperSport.com

Meeke closes on maiden WRC victory in Argentina

Kris Meeke ends day two of Rally Argentina still on course for his maiden...
2h ago from Crash.net

Winning start for new Skoda Fabia R5

Jan Kopecky has given the new Skoda Fabia R5 the perfect start by taking...
5h ago from Crash.net

Popular On GunnersToday.com

Arsenal on ALERT as Chelsea target Mattia Destro...

RSENE WENGER has been buoyed by news that Arsenal target Mattia Destro is...
2h ago from DailyStar.co.uk

(Video) Ex-Arsenal striker on song in Ligue 1 but is...

Former Arsenal hitman Gilles Sunu found the net for Evian Thonon Gaillard...
2h ago from CaughtOffside.com

Chelsea could be forced into surprise striker...

Chelsea travel across London to the Emirates on Sunday, hoping to extend...
5h ago from AllArsenal.com

'Alexis Sanchez would be my sixth choice' – Paul...

Manchester United legend Paul Scholes has once again displayed his...
8h ago from AllArsenal.com

Comments

comments powered by Disqus

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.