News Details
Fernandes: I'm not selling up
Tony Fernandes insists he has no plans to quit Caterham amid reports that he would plough the potential proceeds of a sale into QPR.The club's relegation from the Premier League will cost millions of pounds in the long-term and is likely to see the departure of a number of high-earning players.
But Fernandes says he is in Formula One for the long haul, given the avenues it opens with regards to the future of Caterham's road car business which he also owns.
"We went in with our eyes wide open and we are too far down the line with Caterham so, no, I will not be leaving," said Fernandes, who was speaking ahead of this weekend's Monaco Grand Prix.
"And it's not about winning the...
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12y ago from SkySports.com
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