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'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...
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3y ago from GPUpdate.net 0
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