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 »
10y 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...
10y ago from RichlandF1.com
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 team not for sale
LONDON, May 27, 2014 (AFP) - Flamboyant Malaysian millionaire...
10y ago from F1Plus.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
Are tracks designed for F1 more dangerous for MotoGP...
No description available...
4h ago from Motorsport.com
Why Alex Marquez was angry despite comeback from...
No description available...
4h ago from Motorsport.com
Fabio Quartararo surprised by Yamaha pace at Spanish GP
No description available...
5h ago from Motorsport.com
Marc Marquez turned down the paycheck of a lifetime,...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato reveals 94G impact in 233mph Indy 500...
No description available...
22h ago from Motorsport.com
Alex Palou tops busy final Indy 500 test day
The NTT IndyCar Series wrapped up a two day test session on Thursday,...
1d ago from MotorsportWeek.c...
Scott McLaughlin fastest as speeds top 232mph in Day 2...
No description available...
23h ago from Motorsport.com
Larson, Sato crash in high-boost Indy 500 test session
The second day of IndyCar’s Indy 500 open test opened with qualifying...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
A 2026 American WRC race is just an FIA approval away
No description available...
2h ago from Motorsport.com
Kalle in command of Rally Islas Canarias
Kalle Rovanperä and Jonne Halttunen dominated the opening day of Rally...
3h ago from MotorsportWeek.c...
Kalle Rovanpera found answers to unlock speed on new...
No description available...
8h ago from Motorsport.com
How Malcolm Wilson’s FIA calling and swearing...
No description available...
12h ago from Motorsport.com
Popular On GunnersToday.com
Andoni Iraola addresses Dean Huijsen transfer rumours...
Bournemouth head coach Andoni Iraola reveals how Dean Huijsen is...
1h ago from SportsMole.co.uk
Papers: Arsenal lining up £55m bid for Barcelona...
The top stories and transfer rumours from Saturday's newspapers...
1h ago from SkySports.com
Barcelona Transfer News Roundup: Catalans set Raphinha...
Barcelona are preparing to face Real Madrid in the Copa del Rey final on...
4h ago from SportsKeeda.com
'He’ll be the one to push Arsenal through'- Aaron...
Former Arsenal goalkeeper Aaron Ramsdale believes Bukayo Saka will be key...
6h ago from SportsKeeda.com
Comments
Hottest News
Lewis Hamilton smiling again as F1 legend pictured with...
Lewis Hamilton endured a horrid Saudi Arabian... Read More »
3h ago from GPFans.com
Lewis Hamilton wants to design a modern day Ferrari F40...
Seven-time Formula 1 world champion Lewis... Read More »
46m ago from F1Technical.net
FIA explain why Max Verstappen avoided hefty penalty
Max Verstappen’s five-second penalty at the... Read More »
1h ago from Formula1News.co.uk
