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 »
12y 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...
12y ago from TheF1Times.com
Caterham Group not for sale insists Fernandes
Tony Fernandes has officially dismissed reports that he is intending to...
12y ago from RichlandF1.com
Fernandes not selling Caterham
Caterham owner Tony Fernandes has denied that his group of companies,...
12y ago from SkySports.com
Fernandes: Caterham Group is not for sale
– Tony Fernandes has confirmed he is not looking to sell the...
12y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Inside Marc Marquez’s new approach to racing after...
No description available...
1d ago from Motorsport.com
‘A World Champion cannot do a mistake like that'...
Aprilia CEO Massimo Rivola admits he “would not disagree” if Jorge...
2d ago from MotorsportWeek.c...
MotoGP confirms Aragon to remain on calendar for 2027...
MotoGP has announced that Motorland Aragon will host a race in 2027,...
2d ago from MotorsportWeek.c...
Jorge Martin escapes injury but hit with penalty for...
No description available...
5d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Officiating details infraction severity levels
IndyCar Officiating has released more specific information regarding the...
5h ago from MotorsportWeek.c...
Myles Rowe: Historic Indy NXT Win at WWTR proves ‘I...
No description available...
2d ago from Motorsport.com
Winners and losers from the IndyCar race at World Wide...
No description available...
3d ago from Motorsport.com
Josef Newgarden did not know Christian Rasmussen...
Josef Newgarden won Sunday night’s thriller at World Wide Technology...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Sebastien Loeb to make traditional stage rallying...
No description available...
1d ago from Motorsport.com
Hayden Paddon eyes WRC gravel opportunity with...
No description available...
1w ago from Motorsport.com
Oliver Solberg highlights area he must “work on”...
No description available...
1w ago from Motorsport.com
Hyundai drivers relieved asphalt WRC season is over...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal star in advanced talks to join Turkish giants...
Arsenal star Leandro Trossard is reportedly in advanced talks to join...
3h ago from SportsKeeda.com
Manchester United have overtaken Arsenal in race to...
Manchester United have reportedly leapfrogged Premier League champions...
4h ago from SportsKeeda.com
Elliot Anderson bid rejected, Mateus Fernandes to Man...
What next for Elliot Anderson and the Manchester City transfer saga after...
6h ago from CaughtOffside.com
Manchester United poised to beat Arsenal to 'very...
Manchester United are reportedly looking set to beat Arsenal to the...
8h ago from CaughtOffside.com
Comments
Hottest News
Barcelona-Catalunya Grand Prix FP2: Lando Norris fastest,...
Lando Norris topped the second practice session... Read More »
3h ago from GrandPrix247.com
Fernando Alonso tipped for shock exit as SEVERAL teams...
Two-time F1 champion Fernando Alonso reportedly... Read More »
1h ago from GPFans.com
Liam Lawson draws silver lining from 'frustrating' on-track...
Liam Lawson's day in Barcelona was hindered by an... Read More »
55m ago from RacingNews365.com
