News Details

Caterham team not for sale

LONDON, May 27, 2014 (AFP) - 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...
Full Story »
2y ago from F1Plus.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

Mallya denies money scandals hurting Force India image

Subrata Roy Sahara with Vijay Mallya Vijay Mallya has distanced Force...
2y ago from GrandPrix247.com

Caterham Formula One Team up for Sale, Says Report

Kuala Lumpur:  Flamboyant Malaysian millionaire Tony Fernandes has...
2y ago from NDTVSports.com

Hamilton tops final Monte-Carlo practice

– Lewis Hamilton returned to the top of the timesheets during final...
2y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Marquez dislocates shoulder in Jerez MotoGP test crash

The reigning MotoGP World Champion crashed at turn seven but was back out...
1d ago from BikeSportNews.com

Márquez dislocates shoulder in test crash

– MotoGP World Champion Marc Márquez dislocated his shoulder in a...
1d ago from GPUpdate.net

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

Jorge Lorenzo is confident after a good test at Phillip Island and may yet...
4d ago from BikeSportNews.com

FIA and FIM approve Barcelona changes

– Representatives from the FIA and the FIM have approved changes...
1d ago from GPUpdate.net

Popular On IndyCarToday.com

Montoya has 'fun' in Risi Ferrari at Sebring

While Risi Competizione spent Friday getting ready for the upcoming Mobil...
2d ago from Racer.com

Hunter-Reay wins protracted suit against Gentilozzi

Above: Ryan Hunter-Reay races on the streets of Toronto in 2005. IndyCar...
3d 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...
3d ago from Racer.com

Taylor fast on IndyCar test debut with Penske

American sports car star Ricky Taylor got his long-awaited run in an...
3d 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...
2d ago from WRC.com

The best WRC city stages

The best WRC city stages The WRC is more rugged wilderness than urban...
3d ago from WRC.com

Hesto leads eSports WRC

German driver Hesto leads Championship after the opening round
4d ago from WRC.com

Rally Sweden Analysis- Toyota surprise while Neuville...

Rally Sweden was a fairytale event for Jari-Matti Latvala and the brand...

Popular On GunnersToday.com

[Picture] Massive blow for Arsenal as star posts...

Arsenal midfielder Mohamed Elneny has revealed a worrying update on his...
2h ago from ArsenalFever.com

Arsenal legend takes swipe at unhappy Jose Mourinho...

The Manchester United boss cut a sombre figure when lifting the EFL Cup...
9h ago from Express.co.uk

Arsenal star in U-turn over Barcelona switch: Premier...

The right-back only put pen to paper on a new deal last November....
6h ago from Express.co.uk

How would the Prem table look if season started on...

HO would top the Premier League table this season if it started on August...
9h ago from DailyStar.co.uk

Comments

Hottest News

They're all here! Which F1 car looks the best?

All the cars have been revealed so now it's time... Read More »
9h ago from Formula1Blog.com

Red Bull launch their 2017 F1 car

Red Bull Racing Formula 1 team have launched... Read More »
16h ago from F1Hub.net

Toro Rosso unveil 2017 F1 car

Toro Rosso have revealed their 2017 Formula 1... Read More »
11h ago from F1Hub.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.