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 »
1y 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...
1y ago from Pitpass.com

New owners at Caterham

Caterham confirmed on Wednesday that Tony Fernandes has sold the team to a...
1y ago from SkySports.com

Fernandes sells Caterham F1 Team

– Tony Fernandes and his partners have sold the Caterham F1 Team to...
1y ago from GPUpdate.net

Fernandes exits as Caterham confirm takeover

Caterham have confirmed that former team principal Tony Fernandes and his...
1y ago from Formula1.com

Elsewhere On The Network

Popular On MGPToday.com

Scott Redding: 2016 a 'make or break' year for MotoGP...

New Pramac Ducati rider Scott Redding says 2016 will be a “make or...

Lorenzo comfortable with Rossi preference

Reigning MotoGP champion Jorge Lorenzo has said that he does not mind...
20h ago from SuperSport.com

Redding: 2016 'make or break' year

– Pramac rider Scott Redding has described 2016 as a "make or...
14h ago from GPUpdate.net

Popular On IndyCarToday.com

Robin Miller's Mailbag for February 10, presented by...

Page 1 of 7 Welcome to the Robin Miller Mailbag as presented by Honda...
10h ago from Racer.com

INDYCAR: Carpenter looking to rebound in 2016

Ed Carpenter is confident that the problems that shackled him during 2015...
3h ago from Racer.com

INDYCAR: Sonoma testing underway

Pre-season testing for the Verizon IndyCar Series got started in earnest...
3h ago from Racer.com

INDYCAR: Gallagher & Co. backing for Chilton

International insurance brokerage and risk management services firm...
9h ago from Racer.com

Popular On TotalWRC.com

Ogier blasts 'idiot' decision

World champion Sebastien Ogier blasted Rally of Sweden organisers as...
4h ago from SuperSport.com

Ford RS – The Legend Continues

Enthusiasts have loved Ford RS branded vehicles for decades. Now, with...
10h ago from TheCheckeredFlag...

Ogier calls for Rally Sweden to be cancelled

Defending World Rally Champion Sebastien Ogier has called for Rally...
7h ago from Crash.net

Mikkelsen: ‘Win removed stress'

The Volkswagen driver starts this week’s Rally Sweden with the pressure...
11h ago from WRC.com

Popular On GunnersToday.com

Arsenal man claims youth star is already the...

Head youth coach Andries Jonker has heaped praise on young forward Alex...
54m ago from AllArsenal.com

Jonker praise for ‘incredibly motivated' Iwobi

Arsenal's youth supremo, Andries Jonker, has lavished praise on Alex...
2h ago from News.ArseBlog.com

Picture Special: How do all 20 Premier League managers...

TO BE a Premier League manager it helps to have some playing experience...
2h ago from Express.co.uk

Gilberto Silva: Why this Chelsea and Man United target...

The England winger has struggled for games at the Emirates this season...
3h ago from Express.co.uk

Comments

Hottest News

Analysis: Ferrari poised for radical engine overhaul

For however much Maranello's 2016 machine makes... Read More »
11h ago from Motorsport.com

Wehrlein gains F1 seat as part of Manor shake-up

Mercedes protege Pascal Wehrlein is confirmed for... Read More »
54m ago from SpeedCafe.com

Mark Webber: How to drive through esses

A fun video from Red Bull featuring Mark Webber... Read More »
4h ago from Formula1Blog.com

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.