News Details

Caterham sale has Formula 1 world confused

Puzzled heads are being scratched in the Formula 1 paddock, the day after the struggling Caterham team changed hands with immediate effect earlier this week. Malaysian aviation entrepreneur Tony Fernandes' 100 per cent sale of the team was confirmed late on Wednesday, a media statement saying Caterham is now owned by 'a consortium of Swiss and Middle Eastern investors'. The statement, however, did not name the investors, and sources insist they will remain ‘in the background' while Caterham is run now by HRT's Colin Kolles and Manfredi Ravetto, and former Minardi driver Christijan Albers. The veteran correspondent for the Swiss newspaper Blick, however, is concerned, 'The whole...
Full Story »
9y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Caterham confirms sale to consortium

Sutton Images Enlarge Caterham will continue to compete in Formula One...
9y ago from espnF1.com

New owners at Caterham

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

Haryanto gets Caterham test outing

GP2 Media Service Indonesian GP2 racer Rio Haryanto will drive for...
9y ago from F1Zone.net

Fernandes exits as Caterham confirm takeover

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

Elsewhere On The Network

Popular On MGPToday.com

Honda MotoGP boss "confused" by "good...

No description available...
38m ago from Motorsport.com

Ducati: Bastianini's COTA MotoGP podium an...

Ducati General Manager Gigi Dall’Igna labelled Enea Bastianini's podium...
19h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Pourchaire to make IndyCar debut in Long Beach with...

Arrow McLaren has announced that the reigning Formula 2 champion Theo...

IndyCar's new Aeroscreen makes early debut at Long...

The NTT IndyCar Series will have teams fit a new version of the Aeroscreen...

Popular On TotalWRC.com

Sebastian Ogier tops Croatia Rally shakedown

Sébastien Ogier announced his return to FIA World Rally Championship...
17h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Wolverhampton Wanderers looking to prevent two Arsenal...

Wolverhampton Wanderers will be looking to prevent Arsenal from setting...
1h ago from SportsMole.co.uk

Newcastle and Chelsea consider move for 25-year-old...

According to reports, Newcastle United and Chelsea are considering moves...
1h ago from CaughtOffside.com

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.