News Details
Fernandes denies Caterham is for sale
Following recent rumours of a possible sale of Caterham, chairman Tony Fernandes has officially denied that the Caterham Group is or will soon be up for sale.
Recent reports claimed that Fernandes was preparing to put the company up for sale, but in a press release today, the company formally denies any such moves, instead clarifying they are searching for further investment to strengthen the group. 'The reports circulating this weekend are factually incorrect. 'It is, however, true that the Group is actively searching for additional investment as it seeks to fulfil ambitious plans to develop. The shareholders of the Group, co-Chairmen Tony Fernandes and Datuk Kamarudin Meranun, remain...
Full Story »
Full Story »
10y ago from F1Technical.net
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...
10y ago from TheF1Times.com
Caterham Group not for sale insists Fernandes
Tony Fernandes has officially dismissed reports that he is intending to...
10y ago from RichlandF1.com
Fernandes not selling Caterham
Caterham owner Tony Fernandes has denied that his group of companies,...
10y ago from SkySports.com
Fernandes: Caterham Group is not for sale
– Tony Fernandes has confirmed he is not looking to sell the...
10y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Why Pedro Acosta looks set for a future beyond KTM
No description available...
9h ago from Motorsport.com
LCR boss reveals Honda is ‘more determined than...
LCR team owner Lucio Cecchinello has revealed that Honda is "more...
1d ago from MotorsportWeek.c...
Francesco Bagnaia explains ‘weak point' that...
Factory Ducati rider Francesco Bagania explained his "weak...
1w ago from MotorsportWeek.c...
Yamaha officially begins testing of V4 MotoGP engine
Yamaha technical director Max Bartolini has confirmed the MotoGP factory...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Scott Dixon fastest as technical issues delay first...
34 drivers arrived at the Indianapolis Motor Speedway on Wednesday eager...
1h ago from MotorsportWeek.c...
Three rookies, five returning drivers successfully...
The NTT IndyCar Series held the beginning of a two-day open test session...
4h ago from MotorsportWeek.c...
What is IndyCar's Rookie Orientation Program, and how...
No description available...
11h ago from Motorsport.com
Arrow McLaren unveils new themed liveries for Indy 500
Arrow McLaren has unveiled a trio of special liveries for the upcoming...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
M-Sport chief Malcolm Wilson nominated as FIA deputy...
Malcolm Wilson, OBE, and founder of title-winning WRC outfit M-Sport, has...
15h ago from MotorsportWeek.c...
Malcolm Wilson nominated as new FIA deputy...
No description available...
15h ago from Motorsport.com
FIA swearing standoff cools as stage-end interviews...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Manchester United pushing to sign strikers wanted by...
Manchester United are pushing to sign Victor Osimhen and Matheus Cunha...
42m ago from SportsKeeda.com
'Only he looked like he wanted to play', 'The perfect...
Arsenal fans online have singled out and commended Jakub Kiwior for his...
1h ago from SportsKeeda.com
Arsenal 'convinced' Mikel Arteta transfer target will...
Arsenal are reportedly confident that one of their main summer transfer...
1h ago from SportsMole.co.uk
Arsenal 2-2 Crystal Palace: Premier League – live
t;li>Premier League updates from the 8pm BST kick-off <a...
3h ago from TheGuardian.com
Comments
Hottest News
Lewis Hamilton could quit Ferrari THIS YEAR says top pundit
Formula 1 legend Lewis Hamilton has been tipped... Read More »
6h ago from GPFans.com
Newey, Stroll relationship already tense – Doornbos
Apr.23 Tension may already be creeping into... Read More »
14h ago from OneStopStrategy.com
FIA approves General Motors as new engine supplier from 2029
The FIA has officially approved GM Performance... Read More »
1h ago from F1Technical.net
