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 »
11y 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...
11y ago from TheF1Times.com
Caterham Group not for sale insists Fernandes
Tony Fernandes has officially dismissed reports that he is intending to...
11y ago from RichlandF1.com
Fernandes not selling Caterham
Caterham owner Tony Fernandes has denied that his group of companies,...
11y ago from SkySports.com
Fernandes: Caterham Group is not for sale
– Tony Fernandes has confirmed he is not looking to sell the...
11y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Alex Marquez suffers fractures in frightening Catalan...
No description available...
2d ago from Motorsport.com
Johann Zarco to wait several weeks before undergoing...
No description available...
18h ago from Motorsport.com
Pedro Acosta says the third MotoGP race start...
Pedro Acosta questioned the decision to continue the MotoGP Catalan Grand...
18h ago from MotorsportWeek.c...
MotoGP chief Carlos Ezpeleta defends decision to...
No description available...
19h ago from Motorsport.com
Popular On IndyCarToday.com
Rookie Dennis Hauger and overcoming the uncomfortable...
No description available...
10h ago from Motorsport.com
Alexander Rossi involved in multi-car crash in...
Monday afternoon held a short practice session for the NTT IndyCar...
1d ago from MotorsportWeek.c...
Mick Schumacher reveals unique challenge ahead of Indy...
Mick Schumacher has revealed a unique challenge he faces ahead of his...
11h ago from MotorsportWeek.c...
The milk of choice for every 2026 Indy 500 driver
No description available...
14h ago from Motorsport.com
Popular On TotalWRC.com
The mental challenge WRC leader Elfyn Evans faces at...
No description available...
1d ago from Motorsport.com
Why returning to the WRC podium was so important for...
No description available...
6d ago from Motorsport.com
How Sebastien Ogier’s near-perfect Rally Portugal...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal star Piero Hincapie mocks Manchester City fans...
Arsenal defender Piero Hincapie made a seemingly mocking water bottle...
1h ago from SportsKeeda.com
21 G/A star at centre of transfer battle between...
West Ham United will reportedly need to make as much as £100m from player...
1h ago from CaughtOffside.com
Eli Junior Kroupi helped Arsenal to the title –...
Arsenal weren't on the pitch when the Premier League title was secured,...
1h ago from CaughtOffside.com
Who said what? David Beckham, Santi Cazorla, Jorginho,...
Icons from the world of sport have reacted on social media as Arsenal won...
31m ago from SportsKeeda.com
Comments
Hottest News
F1 legend Lewis Hamilton in 'unique' Le Mans announcement
Seven-time F1 champion Lewis Hamilton has taken... Read More »
1h ago from GPFans.com
F1 News Today: Danica Patrick set for TV return, Martin...
Racing driver and former Sky Sports F1 presenter... Read More »
2h ago from GPFans.com
Ferrari brand sudden F1 rule change as 'unfair' despite...
A sudden change in regulations has wiped out a... Read More »
1h ago from RacingNews365.com
