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Caterham F1 team up for sale - report
AirAsia chief executive Tony Fernandes is trying to sell his Caterham Formula One team and sportscar company, a Malaysian newspaper reported on Sunday. A team spokesman had no comment at the Monaco Grand Prix while Fernandes - who was in Londoncelebrating the promotion of his English soccer club Queens Park Rangers to the Premier League - was not immediately available. The Edge Malaysia, citing an unidentified source, reported on its front page that Fernandes was looking for about 350 million pounds ($589.45 million) for his Caterham Group of companies. It said an information memorandum was being circulated in the Middle East. Fernandes, who said on Twitter on Sunday that he hoped...
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9y ago from SuperSport.com
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