News Details
Fernandes: Caterham Group is not for sale
Tony Fernandes
Caterham owner Tony Fernandes denied on Tuesday that his group of companies, which includes the struggling Formula One team, was up for sale but said it was seeking new investment.
Reports in Malaysia at the weekend had said the AirAsia budget airline boss was seeking to sell the British-based team and sportscar company and an information memorandum was being circulated in the Middle East.
'Caterham Group is not for sale,' Fernandes said in a statement. '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...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
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
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 team not for sale
LONDON, May 27, 2014 (AFP) - Flamboyant Malaysian millionaire...
11y ago from F1Plus.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
Johann Zarco abandons new Honda MotoGP parts in...
No description available...
13h ago from Motorsport.com
Francesco Bagnaia's puzzle continues as shaking Ducati...
No description available...
16h ago from Motorsport.com
MotoGP Australian GP: Marco Bezzecchi takes dominant...
No description available...
20h ago from Motorsport.com
Marco Bezzecchi recovers from hitting seagull to win...
t;li>Italian rider wins white-knuckle sprint at Phillip Island on...
17h ago from TheGuardian.com
Popular On IndyCarToday.com
Rinus VeeKay wants “to make it hard on everybody”...
No description available...
3d ago from Motorsport.com
Mick Schumacher is “very open” to exploring an...
No description available...
4d ago from Motorsport.com
Rinus VeeKay signs with Juncos Hollinger Racing for...
Juncos Hollinger Racing has announced that it has signed Rinus VeeKay for...
4d ago from MotorsportWeek.c...
WATCH: Alex Palou talks F1 dream, perfecting his craft...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Rovanperä holds a comfortable lead on Central...
Kalle Rovanperä emerged from a drama-filled day with a comfortable 36.3...
5h ago from MotorsportWeek.c...
WRC Central Europe: Kalle Rovanpera in control after...
No description available...
7h ago from Motorsport.com
Ogier crashes out of Central European Rally
Kalle Rovanpera snatched the lead of CER in Saturday’s first stage to...
13h ago from MotorsportWeek.c...
Sebastien Ogier explains Central Europe WRC exit
No description available...
11h ago from Motorsport.com
Popular On GunnersToday.com
Leandro Trossard sinks Fulham to keep Arsenal riding...
s was a mechanical performance from Arsenal but it was enough. Enough to...
3h ago from TheGuardian.com
Fulham 0-1 Arsenal: Premier League – as it happened
ther goal from a corner, another three points for the Premier League...
3h ago from TheGuardian.com
'Literally has no strengths','Championship level...
Arsenal fans on social media have slammed Viktor Gyokeres for his display...
4h ago from SportsKeeda.com
Trossard strikes as Arsenal beat Fulham to move three...
Arsenal moved three points clear at the top of the Premier League as...
6h ago from SkySports.com
Comments
Hottest News
F1 Sprint Results: Title race takes massive swing as...
The 2025 F1 title race took another turn in the... Read More »
7h ago from GPFans.com
F1 Qualifying Results: Max Verstappen piles pressure on...
Oscar Piastri and Lando Norris struggled to... Read More »
3h ago from GPFans.com
Max Verstappen explains why he missed final run en route to...
Max Verstappen explained why he missed his final... Read More »
1h ago from MotorsportWeek.com
