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 »
12y ago from espnF1.com 0
Share

You May Also Be Interested In...

Fernandes tight lipped about Caterham sale reports

Tony Fernandes Businessman Tony Fernandes is not responding to mounting...
12y ago from GrandPrix247.com

Fernandes to put Caterham group – including F1...

Tony Fernandes will sell the Caterham automotive group, including the...
12y ago from RichlandF1.com

Caterham F1 team up for sale

Flamboyant Malaysian millionaire Tony Fernandes has put his Caterham...
12y 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...
12y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

‘A World Champion cannot do a mistake like that'...

Aprilia CEO Massimo Rivola admits he “would not disagree” if Jorge...

MotoGP confirms Aragon to remain on calendar for 2027...

MotoGP has announced that Motorland Aragon will host a race in 2027,...

Popular On IndyCarToday.com

IndyCar Officiating details infraction severity levels

IndyCar Officiating has released more specific information regarding the...

Josef Newgarden did not know Christian Rasmussen...

Josef Newgarden won Sunday night’s thriller at World Wide Technology...

Popular On TotalWRC.com

Popular On GunnersToday.com

David Ornstein drops double Arsenal transfer update as...

David Ornstein has reported that Arsenal are exploring a potential 40m...
32m ago from CaughtOffside.com

Arsenal star in advanced talks to join Turkish giants...

Arsenal star Leandro Trossard is reportedly in advanced talks to join...
5h ago from SportsKeeda.com

Manchester United have overtaken Arsenal in race to...

Manchester United have reportedly leapfrogged Premier League champions...
6h ago from SportsKeeda.com

Elliot Anderson bid rejected, Mateus Fernandes to Man...

What next for Elliot Anderson and the Manchester City transfer saga after...
8h ago from CaughtOffside.com

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.