News Details

Fernandes sells Caterham to new owners, as Albers takes the helm

After much speculation over the past few weeks, it was rumoured that Caterham owner, Tony Fernandes, could be in the process of selling the Leafield-based operation.  His recent tweet last Friday, stating that 'F1 hasn't worked, but love Caterham Cars,' was the biggest clue to the fact that his relationship with Formula One was soon to come to an end, which became official this afternoon with immediate effect. Fernandes has now closed down his Twitter account, and will continue concentrate on his commitments on the road car aspect of the business, as well as his directorial role at Air Asia and Queens Park Rangers. The Malaysian had already stated earlier this season that he would look...
Full Story »
10y ago from RichlandF1.com 0
Share

You May Also Be Interested In...

Caterham boss Fernandes admits F1 hasn t worked

Speculation concerning the future of the Caterham F1 team has been...
10y ago from Crash.net

Tony Fernandes hints at Caterham sale

Caterham owner Tony Fernandes has dropped the biggest hint yet that he...
10y ago from RichlandF1.com

Fernandes hints at Formula 1 exit

Caterham F1 Team Caterham owner Tony Fernandes has hinted that he is set...
10y ago from F1Zone.net

Fernandes closes on Caterham F1 sale

The future of the Caterham F1 team is expected to become clearer this...
10y ago from SpeedCafe.com

Elsewhere On The Network

Popular On MGPToday.com

Ducati using 2024 chassis and aero ‘a real...

Ducati has revealed that there is 'a real possibility' of the team using...

Jonathan Rea to miss WorldSBK season opener at Phillip...

Jonathan Rea has been ruled out of the WorldSBK season opener at Phillip...

Popular On IndyCarToday.com

Team Penske quickest in final IndyCar test day

The NTT IndyCar Series held its second and final preseason open test day...
14m ago from MotorsportWeek.c...

Pit lane speed adjustments made for 2025 IndyCar season

The NTT IndyCar Series has announced a few changes for the upcoming 2025...

Pato O’Ward fastest in first day of IndyCar...

The entire NTT IndyCar Series paddock set up shop in Sebring, Florida on...
23h ago from MotorsportWeek.c...

ECR shares new look for 2025 IndyCar campaign

Ed Carpenter Racing has unveiled a drastically different set of liveries...

Popular On TotalWRC.com

Elfyn Evans wins Rally Sweden by a whisker

Super Sunday on Rally Sweden was just that! After 300km of hard racing,...

Elfyn Evans under pressure on Rally Sweden –...

Elfyn Evans and Scott Martin maintained their lead on Rally Sweden after...

Popular On GunnersToday.com

Report: Chido Obi Martin's reasons for Arsenal exit...

Chido Obi-Martin did not leave Arsenal over lack of money – rather...
2h ago from CaughtOffside.com

Arsenal's Takehiro Tomiyasu confirms worst-case injury...

Arsenal defender Takehiro Tomiyasu confirms that he has undergone surgery...
3h ago from SportsMole.co.uk

Ethan Nwaneri receives England call-up verdict as...

England boss Thomas Tuchel 'must be tempted' to call up Arsenal wonderkid...
4h ago from SportsMole.co.uk

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.