News Details
Fernandes not selling Caterham
Caterham owner Tony Fernandes has denied that his group of companies, which includes the F1 team, is up for sale but said it is seeking new investment.Reports in at the weekend said the AirAsia budget airline boss was seeking to sell the Leafield-based outfit and sportscar company and that an information memorandum was being circulated in the Middle East.
But in a statement issued on Tuesday, Fernandes said: "Caterham Group is not for sale.
"We love what we build and we are always looking for further investment. This is no different to how we started AirAsia.
"Yes, we are constantly challenging ourselves and making decisions on everything from the structure to projects within...
Full Story »
Full Story »
11y ago from SkySports.com
0
You May Also Be Interested In...
Fernandes insists Caterham Group not for sale
The Caterham Group is not for sale according to a statement from the...
11y 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...
11y ago from PlanetF1.com
Fernandes insists Caterham not for sale
Caterham F1 Team
Caterham owner Tony Fernandes has dismissed reports that...
11y ago from F1Zone.net
'Caterham up for sale'
Tony Fernandes has taken the first steps towards selling Caterham with a...
11y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
Liberty Media reports MotoGP’s revenue and losses...
No description available...
51m ago from Motorsport.com
Johann Zarco: 'Maybe I have a chance' of repeat French...
No description available...
1h ago from Motorsport.com
Marc Marquez on his current Ducati struggles: “I've...
No description available...
4h ago from Motorsport.com
Tech3 close to deciding between KTM and Honda for 2027...
No description available...
3h ago from Motorsport.com
Popular On IndyCarToday.com
Graham Rahal “not a fan” of new rule allowing...
No description available...
22h ago from Motorsport.com
FOX unveils plan for 60 hours of Indy 500 coverage
No description available...
2d ago from Motorsport.com
IndyCar officiating board helps shape Push to Pass...
IndyCar’s new Independent Officiating Board has made one of its first...
2d ago from MotorsportWeek.c...
IndyCar expands Push to Pass availability
The NTT IndyCar Series has announced a change to the series’ Push to...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why WRC drivers expect Portugal to deliver a rally...
No description available...
5h ago from Motorsport.com
Hyundai brings WRC engine upgrade to Rally Portugal
No description available...
9h ago from Motorsport.com
How Ott Tanak can help Toyota's WRC 2027 car...
No description available...
2d ago from Motorsport.com
Why Hyundai’s WRC season “really starts” at...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal ready to splash UCL cash on 28-G/A star who is...
Arsenal are reportedly interested in signing the PSG attacker Khvicha...
21m ago from CaughtOffside.com
Supercomputer predicts Arsenal's chances of winning...
Supercomputer has predicted Arsenal's chances of winning the Premier...
1h ago from SportsKeeda.com
Paul Merson predicts Liverpool vs Chelsea, Arsenal vs...
This is a Premier League weekend where all Arsenal fans won't mind their...
2h ago from SportsKeeda.com
Arsenal or PSG? Gary Lineker names his favorites to...
Gary Linkeker has picked between Arsenal and Paris Saint-Germain (PSG), as...
4h ago from SportsKeeda.com
Comments
Hottest News
Fernando Alonso collects $10m supercar and it's the only...
Aston Martin F1 driver Fernando Alonso has been... Read More »
2h ago from GPFans.com
F1 owners feel impact of controversial new rules after...
F1 rights owners Liberty Media's first quarter... Read More »
3h ago from GPFans.com
Max Verstappen completely smashes Super GT rival: 'This is...
In it, he takes on the challenge in a Super GT... Read More »
2h ago from RacingNews365.com
