News Details

Caterham team not for sale

LONDON, May 27, 2014 (AFP) - Flamboyant Malaysian millionaire Tony Fernandes contrary to press reports is not looking to sell his Caterham Formula One team he announced in a statement on Tuesday. Fernandes, who also owns budget airline AirAsia and the English football club Queens Park Rangers who made an immediate return to the Premier League after winning their play-off final last Saturday, added that the group is looking to attract outside investment. Fernandes had felt compelled to issue the statement after it had been reported by Malaysia's Edge financial daily on Sunday that he planned to offload the group's assets, adding that an information...
Full Story »
11y ago from F1Plus.com 0
Share

You May Also Be Interested In...

Fernandes to put Caterham group – including F1...

Tony Fernandes will sell the Caterham automotive group, including the...
11y ago from RichlandF1.com

Mallya denies money scandals hurting Force India image

Subrata Roy Sahara with Vijay Mallya Vijay Mallya has distanced Force...
11y ago from GrandPrix247.com

Caterham Formula One Team up for Sale, Says Report

Kuala Lumpur:  Flamboyant Malaysian millionaire Tony Fernandes has...
11y ago from NDTVSports.com

Hamilton tops final Monte-Carlo practice

– Lewis Hamilton returned to the top of the timesheets during final...
11y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Team Penske places David Malukas in the iconic #12...

Team Penske has announced that David Malukas will be joining the team and...

Zak Brown addresses three areas IndyCar can improve

McLaren CEO Zak Brown penned an open letter on Monday outlining his...

Popular On TotalWRC.com

Popular On GunnersToday.com

'I'm not going to lie…' – Arsenal star...

Arsenal midfielder Mikel Merino has praised the 'finishers' in Mikel...
6h ago from CaughtOffside.com

Set pieces and squad depth: Arsenal aim to maintain...

el Arteta’s side need to improve their record after Champions League...
9h ago from TheGuardian.com

'Their interest remains active' – Sources claim...

Arsenal and Manchester United are among the clubs interested in a...
19h ago from CaughtOffside.com

Not just a goal machine: new model Haaland can deliver...

iker is getting better in a changing Manchester City team and in the sort...
13h ago from TheGuardian.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.