News Details

'Fernandes trying to sell Caterham F1'

– Tony Fernandes is looking to sell the Caterham F1 Team and the other Caterham subsidiaries, it has been reported.According to Malaysian newspaper, The Edge Malaysia, Fernandes is looking for £350 million in total, with an information memorandum having been circulated in the Middle East.A spokesperson for the Caterham F1 team meanwhile refused to comment on the matter when quizzed in Monaco.Caterham have still to score a point since entering the sport back in 2010 in its previous guise as Lotus Racing.Fellow backmarkers Marussia – who joined F1 at the same time – broke their duck on Sunday in Monte Carlo when Jules Bianchi took ninth.At the start of the year, Fernandes warned...
Full Story »
2y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Fernandes tight lipped about Caterham sale reports

Tony Fernandes Businessman Tony Fernandes is not responding to mounting...
2y ago from GrandPrix247.com

Caterham F1 team up for sale - report

AirAsia chief executive Tony Fernandes is trying to sell his Caterham...
2y ago from SuperSport.com

Fernandes to put Caterham group – including F1...

Tony Fernandes will sell the Caterham automotive group, including the...
2y ago from RichlandF1.com

Report: Caterham put up for sale by Fernandes

The Caterham Group has reportedly been put up for sale by owner Tony...
2y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP Aragon: ‘Jorge's wrong' - Crutchlow...

More handbags as Crutchlow wades into Rossi and Lorenzo drama
6h ago from BikeSportNews.com

Lorenzo says Rossi relationship...

Jorge Lorenzo says his relationship with Yamaha MotoGP teammate Valentino...
13h ago from Motorsport.com

Crutchlow warns Honda riders could crash at any time

LCR’s Cal Crutchlow has warned that any Honda MotoGP rider could...
11h ago from Motorsport.com

Marquez explains controversial yellow flag crash

MotoGP championship leader Marc Marquez has moved to clarify the events of...
8h ago from Motorsport.com

Popular On IndyCarToday.com

INDYCAR: Schmidt to get autonomous car license

Sam Schmidt, who has torn up racetracks nationwide in the newest...
3h ago from Racer.com

PRUETT: Pagenaud's American dream

Page 1 of 2 After many years of trying, Simon Pagenaud finally became the...
11h ago from Racer.com

Hunter-Reay re-ups with Andretti

Ryan Hunter-Reay will remain an Andretti Autosport driver through 2020...
12h ago from Crash.net

Andretti Autosport uncertain over Sonoma progress

Team manager Rob Edwards has warned that Andretti Autosport’s upturn in...
22h ago from Motorsport.com

Popular On TotalWRC.com

Preview Clip Tour de Corse 2016

Preview Clip Tour de Corse 2016
6h ago from WRC.com

South Africa to host WRX finale in 2017

The Killarney International Raceway in Cape Town, South Africa will host...
11h ago from Motorsport.com

Bumper entry list confirmed for RallyRACC –...

The entry list for the upcoming RallyRACC – Rally de Espana has...
16h ago from TheCheckeredFlag...

Japan APRC: Gill controls Leg 1 proceedings

Championship leader Gaurav Gill commanded first leg of Rally Hokkaido,...
13h ago from Motorsport.com

Popular On GunnersToday.com

Arsenal boss Arsene Wenger hails duo but reveals...

GETTY Arsenal's Shkodran Mustafi and Diego Costa The central defenders...
3h ago from Express.co.uk

Walcott: This win has been coming

al's Theo Walcott and Alex Iwobi react to their side's first win over...
5h ago from ESPNFC.co.uk

Arsenal v Chelsea - The story so far

The Gunners lead 3-0 at the break after a breathtaking first half that saw...
7h ago from Arsenal.com

Wenger: Today was nearly perfect

e Wenger was full of praise for his team after their 3-0 thrashing of...
2h ago from ESPNFC.co.uk

Comments

Hottest News

Raikkonen “not a world champion for nothing” –...

Kimi Raikkonen appears to be back in top form in... Read More »
4h ago from ThisIsF1.com

F1 driver draft system? Driver contract limits?

It’s Saturday and as my friend in M83 says,... Read More »
5h ago from Formula1Blog.com

Honda looking to expand F1 operations

Engine manufacturer Honda is expanding its... Read More »
8h ago from F1i.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.