News Details

Official: Caterham Group not for sale

Following speculation at the weekend that Tony Fernandes is looking to sell his F1 team, Caterham has issued an official statement.It reads:Despite press rumours to the contrary, Caterham Group is not for sale.The reports circulating this weekend are factually incorrect.It is, however, true that the Group is actively searching for additional investment as it seeks to fulfil ambitious plans to develop.The shareholders of the Group, co-Chairmen Tony Fernandes and Datuk Kamarudin Meranun, remain wholly committed to the Caterham brand.Fernandes confirmed: 'The Caterham Group is not for sale. We love what we build and we are always looking for further investment. This is no different to how we...
Full Story »
2y ago from Pitpass.com 0
Share

You May Also Be Interested In...

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

Fernandes puts Caterham up for sale

Sutton Images Enlarge Tony Fernandes is looking to sell Caterham for...
2y ago from espnF1.com

Fernandes tight lipped about Caterham sale reports

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

Elsewhere On The Network

Popular On MGPToday.com

Vinales pace excites Yamaha

New Movistar Yamaha rider Maverick Vinales has shown sizzling pace, much...
1d ago from SuperSport.com

‘With wings, we could win at Qatar’ says Lorenzo

Jorge Lorenzo is confident after a good test at Phillip Island and may yet...
2d ago from BikeSportNews.com

Bradley Smith on aggression, power and how good a...

Smith is at the beginning of a two-year MotoGP project with Red Bull KTM....
1d ago from BikeSportNews.com

Vinales hits out at Marquez for following him on long...

Maverick Vinales has hit out at MotoGP rival Marc Marquez for following...
1w ago from Motorsport.com

Popular On IndyCarToday.com

PODCAST: The week in IndyCar news, Feb. 24

Marshall Pruett and Robin Miller discuss all the major Verizon IndyCar...
2h ago from Racer.com

SPM, Lincoln Tech announce mentor program

Lincoln Technical Institute, a national leader in specialized automotive...
1h ago from Racer.com

IMSA: Montoya to sample Risi Ferrari on Friday

Team Penske driver Juan Montoya will get a taste of the Risi Competizione...
17h ago from Racer.com

Hunter-Reay wins protracted suit against Gentilozzi

Above: Ryan Hunter-Reay races on the streets of Toronto in 2005. IndyCar...
21h ago from Racer.com

Popular On TotalWRC.com

Mexico City: Zocalo beats to WRC rhythm

Mexico City:Zocalo beats to WRC rhythm The FIA World Rally Championship...
7h ago from WRC.com

The best WRC city stages

The best WRC city stages The WRC is more rugged wilderness than urban...
1d ago from WRC.com

Hesto leads eSports WRC

German driver Hesto leads Championship after the opening round
1d ago from WRC.com

México Pre-Event Test Videos #1 (Fan Footage)

Rally Guanajuato México Pre-Event Test Videos
1d ago from WRC.com

Popular On GunnersToday.com

Arsenal announce increased turnover

Arsenal have announced half-year results which show a record investment in...
45m ago from SkySports.com

Arsenal 2017/18 home and away kits leaked: Gunners set...

Arsenal 2017/18 home and away kit leaked Fri, February 24, 2017 Click to...
2h ago from Express.co.uk

Comments

Hottest News

McLaren-Honda Launches 2017 F1 Cars – Orange MCL32

McLaren-Honda F1 team launched 2017 F1 challenger... Read More »
8h ago from ThisIsF1.com

Raikkonen 2 seconds adrift of Fiorano record in new Ferrari

Following the launch of the Ferrari SF70H, Kimi... Read More »
4h ago from F1Hub.net

Launch Photos – 2017 Ferrari F1 car SF70H

Ferrari has become the fifth team to unveil its... Read More »
10h ago from ThisIsF1.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.