News Details
Caterham F1 team up for sale
Flamboyant Malaysian millionaire Tony Fernandes has put his Caterham Formula One team up for sale, seeking about £350 million for all assets of the Britain-based parent company, a report said. Fernandes, who also owns budget airline AirAsia and the English football club Queens Park Rangers, had warned in January that he would stop funding the F1 team unless its performance improved. Citing an unnamed source, Malaysia's Edge financial daily on Sunday said Fernandes planned to offload the group's assets, adding that an information memorandum for the sale was being circulated in the Middle East. Fernandes, ranked the 28th richest person in Malaysia by Forbes magazine, did not respond to...
Full Story »
Full Story »
10y ago from SuperSport.com
0
You May Also Be Interested In...
Caterham F1 team up for sale - report
AirAsia chief executive Tony Fernandes is trying to sell his Caterham...
10y ago from SuperSport.com
Caterham Formula One Team up for Sale, Says Report
Kuala Lumpur: Flamboyant Malaysian millionaire Tony Fernandes has...
10y ago from NDTVSports.com
Report: Caterham put up for sale by Fernandes
The Caterham Group has reportedly been put up for sale by owner Tony...
10y ago from TheF1Times.com
'Caterham up for sale'
If you want to own a Formula 1 team now is the time to get in there as...
10y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
What Motorsport.com is looking forward to in 2025
No description available...
20h ago from Motorsport.com
Martin thinks next MotoGP title chance could come in...
No description available...
1d ago from Motorsport.com
Bagnaia was thinking about 2024 MotoGP mistakes during...
No description available...
1d ago from Motorsport.com
Enea Bastianini splits with manager amid KTM MotoGP...
Enea Bastianini has split from long-term manager Carlo Pernat amid...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Abel set for full-time ride with Coyne in 2025 IndyCar...
No description available...
20h ago from Motorsport.com
Jacob Abel steps up into IndyCar with Dale Coyne Racing
Dale Coyne Racing has announced that Jacob Abel will drive one of the...
19h ago from MotorsportWeek.c...
Romain Grosjean shifts to reserve role with PREMA’s...
Romain Grosjean will not be racing as a full time driver in the NTT...
3d ago from MotorsportWeek.c...
IndyCar streaming coverage takes hit with end of Venu...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2025, Stage 9: Al-Attiyah takes victory as...
No description available...
2h ago from Motorsport.com
Mārtiņš Sesks back for six-round WRC campaign
M-Sport Ford has announced that Mārtiņš Sesks and Renārs Francis will...
3h ago from MotorsportWeek.c...
Dakar 2025, Stage 8: Lategan dominates to extend lead...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
“We are on it” - Arsenal boss Mikel Arteta opens...
No description available...
51m ago from SportsKeeda.com
Barcelona keeping tabs on 21-year-old Bundesliga star...
No description available...
31m ago from SportsKeeda.com
28-year-old 'keen to leave Arsenal' and concrete talks...
Arsenal left-back Oleksandr Zinchenko is reportedly a transfer target for...
1h ago from CaughtOffside.com
Mikel Arteta drops clear Arsenal transfer hint...
Arsenal manager Mikel Arteta has dropped a clear hint that his club are...
2h ago from CaughtOffside.com
Comments
Hottest News
Villeneuve insults Verstappen in Hamilton speech: 'Nobody...
Jacques Villeneuve has been in the limelight... Read More »
1h ago from GPBlog.com
Leclerc: Vasseur ‘emotionally flat’ management really...
Charles Leclerc believes that Ferrari team... Read More »
51m ago from F1i.com
Verstappen admits Newey reason for 2024 struggles
The father of four-time Formula 1 world champion... Read More »
2h ago from GPFans.com
