News Details
Caterham issues denial of sale speculation
Sutton Images Enlarge The Caterham Group has denied widespread reports that it is up for sale, dismissing speculation as "factually incorrect". A press release said instead that the group was "actively searching for additional investment as it seeks to fulfil ambitious plans to develop". The sale news was first reported in The Edge which said a memorandum on the sale was being circulated in the Middle East, for the Caterham Group - including the road car company and the Formula One team - with a price tag of around £350 million. "We love what we build and we are always looking for further investment," said Tony Fernandes. "This is no different to how we...
Full Story »
Full Story »
12y ago from espnF1.com
0
You May Also Be Interested In...
Fernandes denies Caterham is for sale
Following recent rumours of a possible sale of Caterham, chairman Tony...
12y ago from F1Technical.net
Fernandes: Caterham Group is not for sale
Tony Fernandes
Caterham owner Tony Fernandes denied on Tuesday that his...
12y ago from GrandPrix247.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 insists Caterham Group not for sale
The Caterham Group is not for sale according to a statement from the...
12y ago from TheF1Times.com
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...
2h ago from MotorsportWeek.c...
Myles Rowe: Historic Indy NXT Win at WWTR proves ‘I...
No description available...
1d ago from Motorsport.com
Winners and losers from the IndyCar race at World Wide...
No description available...
2d ago from Motorsport.com
Josef Newgarden did not know Christian Rasmussen...
Josef Newgarden won Sunday night’s thriller at World Wide Technology...
2d 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
Manchester United have overtaken Arsenal in race to...
Manchester United have reportedly leapfrogged Premier League champions...
1h ago from SportsKeeda.com
Elliot Anderson bid rejected, Mateus Fernandes to Man...
What next for Elliot Anderson and the Manchester City transfer saga after...
2h ago from CaughtOffside.com
Significant progress made: Arsenal close in on most...
Arsenal are reportedly closing in on a new contract for manager Mikel...
3h ago from CaughtOffside.com
New: Arsenal star now in 'advanced' talks over 20m...
Arsenal winger Leandro Trossard is in advanced talks over a transfer to...
4h ago from CaughtOffside.com
Comments
Hottest News
Barcelona-Catalunya Grand Prix FP2: Lando Norris fastest,...
Lando Norris topped the second practice session... Read More »
26m ago from GrandPrix247.com
Lewis Hamilton at centre of Ferrari blunder at Barcelona...
Ferrari have been involved in an embarrassing... Read More »
1h ago from GPFans.com
F1 Standings after Monaco Grand Prix result changed AGAIN...
The F1 standings look different once more after... Read More »
5h ago from GPFans.com
