News Details

Fernandes insists Caterham Group not for sale

The Caterham Group is not for sale according to a statement from the company after reports circulating at the weekend claimed so. A Malaysian newspaper claimed owner Tony Fernandes had put the group - which includes Caterham Cars, the F1 team and various other companies - up for sale and was asking for £350 million ($590m). However in a statement issued on Tuesday, he clarified that the report was untrue and said the group is looking for investors. "Despite press rumours to the contrary, Caterham Group is not for sale," it reads. "The reports circulating this weekend are factually incorrect. "It is, however, true that the Group is actively searching for additional...
Full Story »
11y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Caterham Group not for sale insists Fernandes

Tony Fernandes has officially dismissed reports that he is intending to...
11y ago from RichlandF1.com

Fernandes insists Caterham not for sale

Caterham F1 Team Caterham owner Tony Fernandes has dismissed reports that...
11y ago from F1Zone.net

Fernandes: Caterham is not for sale

Tony Fernandes says the Caterham Group is not for sale amid reports he...
11y ago from Crash.net

Official: Caterham Group not for sale

Following speculation at the weekend that Tony Fernandes is looking to...
11y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez demands respect for brother Alex Marquez...

Marc Marquez has called for “respect for all” MotoGP riders, after...

Gresini reveals extent of Alex Marquez's injuries...

Gresini Racing team manager Michele Masini revealed the extent of Alex...
22h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

IndyCar will not return to Thermal Club in 2026...

According to comments made by Thermal Club founder and owner Tim Rogers,...

Malukas’ recovery drive secures Foyt’s best team...

During Sunday’s IndyCar race at Road America, David Malukas was the...

Popular On TotalWRC.com

Popular On GunnersToday.com

'Contacts are taking place' – Fabrizio Romano...

Fabrizio Romano has reported on the Eberechi Eze to Arsenal transfer...
44m ago from CaughtOffside.com

Can Arsenal Lift A Trophy In The 2025/26 Season?

There's no arguing that Arsenal are one of the top teams in both England...
1h ago from FreshArsenal.com

Arsecast Extra Episode 646 – 30.06.2025

Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
1h ago from Arseblog.com

Thomas Partey in talks to join new club alongside...

Thomas Partey is reportedly in talks to sign for Galatasaray after his...
24m ago from SportsKeeda.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.