News Details
Fernandes puts Caterham up for sale
Sutton Images Enlarge Tony Fernandes is looking to sell Caterham for around £350 million, according to reports in the media, but it is not thought he will be able to realise anything like that sum. Fernandez's diminishing interest in the sport has been known for some time and so the news does not come as a surprise. His attention is far more centred on QPR who gained promotion to the Premier League at the weekend. The Bloomberg agency reported on Sunday that a memorandum on the sale was being circulated in the Middle East. But with little to celebrate on the track, it appears Fernandes' patience has run out. Three months ago he said that if the team remained at the back "I don't...
Full Story »
Full Story »
10y ago from espnF1.com
0
You May Also Be Interested In...
Fernandes tight lipped about Caterham sale reports
Tony Fernandes
Businessman Tony Fernandes is not responding to mounting...
10y ago from GrandPrix247.com
Fernandes to put Caterham group – including F1...
Tony Fernandes will sell the Caterham automotive group, including the...
10y ago from RichlandF1.com
Caterham F1 team up for sale
Flamboyant Malaysian millionaire Tony Fernandes has put his Caterham...
10y ago from SuperSport.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
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin's opening ‘four' MotoGP races with...
Aprilia targets Jorge Martin's opening four MotoGP races with the team...
15h ago from MotorsportWeek.c...
Pierer Industrie AG avoids insolvency, decision on KTM...
No description available...
20h ago from Motorsport.com
Creditors approve Pierer Industrie AG restructuring...
It has been revealed that creditors have approved Pierer Industrie AG's...
19h ago from MotorsportWeek.c...
Marquez confident rivalry with "gentleman"...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Team Penske quickest in final IndyCar test day
The NTT IndyCar Series held its second and final preseason open test day...
3d ago from MotorsportWeek.c...
IndyCar tire allocations, practice rules updated for...
IndyCar has announced multiple updates to rules regarding use of the...
2d ago from MotorsportWeek.c...
Pato O’Ward fastest in first day of IndyCar...
The entire NTT IndyCar Series paddock set up shop in Sebring, Florida on...
4d ago from MotorsportWeek.c...
Pit lane speed adjustments made for 2025 IndyCar season
The NTT IndyCar Series has announced a few changes for the upcoming 2025...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Elfyn Evans wins Rally Sweden by a whisker
Super Sunday on Rally Sweden was just that! After 300km of hard racing,...
5d ago from MotorsportWeek.c...
Elfyn Evans under pressure on Rally Sweden –...
Elfyn Evans and Scott Martin maintained their lead on Rally Sweden after...
6d ago from MotorsportWeek.c...
WRC women's driver development programme winner...
No description available...
5d ago from Motorsport.com
Fourmaux fined for swearing on WRC TV broadcast
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
'That would not be the case' – Arteta calls on...
Arsenal boss Mikel Arteta has demanded that Raheem Sterling step up to...
6h ago from CaughtOffside.com
'Very intelligent' – Mikel Arteta opens up on...
Arsenal head coach Mikel Arteta refused to rule out using Mikel Merino...
6h ago from CaughtOffside.com
Arsenal handed Dusan Vlahovic boost as Juventus name...
Arsenal reportedly receive a boost in their pursuit to sign Dusan Vlahovic...
5h ago from SportsMole.co.uk
'It’s very sad because he is a player who lives for...
No description available...
7h ago from SportsKeeda.com
Comments
Hottest News
Carlos Sainz: Mercedes power unit the ‘biggest...
Carlos Sainz evealed that adapting to the... Read More »
14h ago from MotorsportWeek.com
Verstappen tipped for NEW role as brutal Red Bull snub...
Geri Horner, alongside other Formula 1 stars, has... Read More »
6h ago from GPFans.com
Brutal punishment for Ferrari fan as F1 car changes for...
Check out all the biggest stories of the day with... Read More »
8h ago from RacingNews365.com