News Details

Caterham team not for sale

Flamboyant Malaysian millionaire Tony Fernandes contrary to press reports is not looking to sell his Caterham Formula One team he announced in a statement on Tuesday. Fernandes, who also owns budget airline AirAsia and the English football club Queens Park Rangers who made an immediate return to the Premier League after winning their play-off final last Saturday, added that the group is looking to attract outside investment. Fernandes had felt compelled to issue the statement after it had been reported by Malaysia's Edge financial daily on Sunday that he planned to offload the group's assets, adding that an information memorandum for the sale was being circulated in the Middle East....
Full Story »
2y ago from SuperSport.com 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

Fernandes insists Caterham Group not for sale

The Caterham Group is not for sale according to a statement from the...
2y ago from TheF1Times.com

Fernandes to put Caterham group – including F1...

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

Fernandes puts Caterham up for sale

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

Elsewhere On The Network

Popular On MGPToday.com

MotoGP drops Intermediate tyre for 2017

– MotoGP organisers have announced that Michelin's Intermediate...
22h ago from GPUpdate.net

MotoGP bosses ditch intermediate tyres for 2017 season

Michelin's intermediate tyres will no longer be an option for MotoGP...
1d ago from BikeSportNews.com

Pit Beirer: Making KTM into a world-beating brand

Moto3 title, Dakar win, Supercross title, MX2 kings and now a move into...
2d ago from BikeSportNews.com

Vinales doesn't need my advice, says Lorenzo

Maverick Vinales will make his debut as a works Yamaha rider next year...
2d ago from Motorsport.com

Popular On IndyCarToday.com

Chilton says Ganassi was wise to return to Honda

Max Chilton believes that Chip Ganassi switching his IndyCar team back to...
1d ago from Motorsport.com

Roger Penske earns Horatio Alger Award

The Horatio Alger Association of Distinguished Americans has selected...
1d ago from Motorsport.com

Max Chilton confirmed at Ganassi for second IndyCar...

Former Formula 1 driver Max Chilton will remain in the IndyCar series...

Popular On TotalWRC.com

M-Sport reveals 2017-spec Ford Fiesta WRC

M-Sport has taken the wraps off its 2017-specification Ford Fiesta...
16h ago from Motorsport.com

2017 Ford Fiesta WRC breaks cover

Advertising Designed to next-year's exciting new WRC technical...
13h ago from WRC.com

GB and Italy win environmental plaudits

WRC events earn sustainability awards
18h ago from WRC.com

Ogier down to two options for 2017 seat

Sebastien Ogier will decide between two options for his World Rally...
3d ago from EuroSport.com

Popular On GunnersToday.com

Arsene Wenger: I want this player at Arsenal

GETTY Olivier Giroud doesn't want Arsene Wenger to leave Arsenal Alexis...
3h ago from DailyStar.co.uk

4-3-3 - This Arsenal XI will help Ramsey claim revenge...

Arsenal play hosts to Stoke City this weekend hoping to close the gap...

Arsenal handed major transfer boost as 36m target axed...

Arsenal have reportedly been alerted as long-time transfer target Julian...
3h ago from CaughtOffside.com

Transfer News: Chelsea on move for Arsenal ace,...

Antonio Conte has had his say on Chelsea being linked with a move for...
4h ago from Express.co.uk

Comments

Hottest News

‘Three drivers’ on Mercedes shortlist – Wolff

It is becoming clearer and clearer that Pascal... Read More »
16h ago from ThisIsF1.com

Lewis v Nico: The final stats

Hamilton v Rosberg. Lewis v Nico. Across the last... Read More »
3h ago from SkySports.com

Paddy Lowe in demand as Mercedes talks near

Teams are reportedly lining up to lure Paddy Lowe... Read More »
42m ago from Crash.net

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.