News Details

Caterham sale has Formula 1 world confused

Puzzled heads are being scratched in the Formula 1 paddock, the day after the struggling Caterham team changed hands with immediate effect earlier this week. Malaysian aviation entrepreneur Tony Fernandes' 100 per cent sale of the team was confirmed late on Wednesday, a media statement saying Caterham is now owned by 'a consortium of Swiss and Middle Eastern investors'. The statement, however, did not name the investors, and sources insist they will remain ‘in the background' while Caterham is run now by HRT's Colin Kolles and Manfredi Ravetto, and former Minardi driver Christijan Albers. The veteran correspondent for the Swiss newspaper Blick, however, is concerned, 'The whole...
Full Story »
2y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Caterham confirms sale to consortium

Sutton Images Enlarge Caterham will continue to compete in Formula One...
2y ago from espnF1.com

New owners at Caterham

Caterham confirmed on Wednesday that Tony Fernandes has sold the team to a...
2y ago from SkySports.com

Haryanto gets Caterham test outing

GP2 Media Service Indonesian GP2 racer Rio Haryanto will drive for...
2y ago from F1Zone.net

Fernandes exits as Caterham confirm takeover

Caterham have confirmed that former team principal Tony Fernandes and his...
2y ago from Formula1.com

Elsewhere On The Network

Popular On MGPToday.com

Aprilia hails 'extraordinary' Espargaró

– Aprilia has praised an "extraordinary" showing from...
15h ago from GPUpdate.net

KTM and Yamaha differences ‘black and white’ for...

Espargaro and Smith both finished their first MotoGP race with KTM in...
1d ago from BikeSportNews.com

Iannone: I must avoid being 'impulsive'

– Andrea Iannone has admitted he must try to rein in his...
9h ago from GPUpdate.net

MotoGP drops penalty points system

– MotoGP organisers have scrapped the series' penalty points...
6h ago from GPUpdate.net

Popular On IndyCarToday.com

IndyCar reveals new images of 2018 design

– IndyCar has revealed new images of the series' planned 2018 car...
8h ago from GPUpdate.net

IndyCar unveils 2018 bodywork renderings

The Verizon IndyCar Series has produced the first look of its 2018...
6h ago from Racer.com

IndyCar unveils new image of 2018 bodywork kit

IndyCar officials have released an updated image of the universal...

IMS Museum to open Foyt exhibit in April

In celebration of the 40th anniversary of his record-setting fourth...
5h ago from Racer.com

Popular On TotalWRC.com

Test date set for Polo R5

Development under way on Volkswagen’s WRC 2 car
1d ago from WRC.com

Pre-Event Test Videos #2 Tour de Corse 2017

Pre-Event Test Videos #2 (Fan Footage) Che Guevara Energy Drink Tour de...
1d ago from WRC.com

Getting Excited for Dirt 4!

In all honesty, we're a bit late to this party since news about Dirt 4...

Germany rings the changes

New stages and a new service base in 2017
6d ago from WRC.com

Popular On GunnersToday.com

Alexis Sanchez wants to 'finish his contract at...

Alexis Sanchez wants to 'finish his contract at Arsenal'... but warns...
3h ago from DailyMail.co.uk

Alexis wants success in London

Arsenal forward Alexis Sanchez insists he is happy in London but fuelled...
1h ago from SkySports.com

Every Premier League club ranked by number of...

HICH Premier League club has the most fans worldwide based on Facebook...
4h ago from DailyStar.co.uk

Sportsmail remembers David Rocastle

As BT screens a compelling film on the anniversary of Arsenal legend...
1h ago from DailyMail.co.uk

Comments

Hottest News

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.