News Details
Fernandes sells Caterham F1 team
Tony Fernandes has finally cut his ties to the Caterham Formula One team after it was announced on Wednesday he had sold the struggling British-based outfit. The Malaysian businessman's decision came after enduring four-and-a-half years without a solitary Grand Prix point and a personal investment of some £250 million ($430 million) by Fernandes, the owner of both AirAsia and London football club Queens Park Rangers – who next season will return to play in the lucrative English Premier League. A Caterham statement said Fernandes had sold to a consortium of Swiss and Middle Eastern investors. The new owners are being advised by Colin Kollas, who has experience with several Formula One...
Full Story »
Full Story »
11y ago from SuperSport.com
0
You May Also Be Interested In...
Fernandes has sold Caterham with immediate effect
New era for Caterham
Caterham F1 Team have confirmed that Tony Fernandes...
11y ago from GrandPrix247.com
New owners at Caterham
Caterham confirmed on Wednesday that Tony Fernandes has sold the team to a...
11y ago from SkySports.com
Fernandes exits as Caterham confirm takeover
Caterham have confirmed that former team principal Tony Fernandes and his...
11y ago from Formula1.com
Caterham boss Fernandes admits 'F1 hasn't worked'
Caterham owner Tony Fernandes has once again reignited speculation that he...
11y ago from TheF1Times.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez on fairytale Honda return: “It’s more...
No description available...
1h ago from Motorsport.com
Marc Marquez assesses his Ducati future beyond 2026...
Nine-time MotoGP champion Marc Marquez will be a key figure in the rider...
1d ago from MotorsportWeek.c...
MotoGP 2026: Team launches and pre-season testing...
No description available...
1d ago from Motorsport.com
Aleix Espargaro quits pro cycling after injuries...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Scott Dixon awarded prestigious New Zealand honor
To close out 2025, one of IndyCar’s most decorated drivers was awarded...
2d ago from MotorsportWeek.c...
Exclusive: Nolan Siegel on hot seat entering contract...
No description available...
3d ago from Motorsport.com
Top five memorable drives of the 2025 IndyCar season
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
These are leading contenders for the 2026 Dakar Rally
No description available...
6h ago from Motorsport.com
Juan Cruz Yacopini to miss 2026 Dakar Rally after sea...
No description available...
7h ago from Motorsport.com
Sebastien Ogier pays tribute to WRC rival that...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Transfer boost for Arsenal and Liverpool, target makes...
Real Madrid attacker Rodrygo Goes has been linked with a move away from...
1h ago from CaughtOffside.com
Arteta calls for Gyokeres to embrace the noise amid...
Mikel Arteta has called for Viktor Gyokeres and his Arsenal team-mates to...
1h ago from SkySports.com
'The situation' – Manager responds to Chelsea...
Bournemouth manager Andoni Iraola has played down links with the Chelsea...
4h ago from CaughtOffside.com
‘Let’s break it’: Mikel Arteta urges leaders...
t;li>Side failed to win league last five times after being top on New...
5h ago from TheGuardian.com
Comments
Hottest News
Symonds slams F1’s 2026 power unit: ‘We ended up with a...
Formula 1’s upcoming 2026 power units have... Read More »
6h ago from F1i.com
Max Verstappen team-mate plans revealed as far as 2028
Red Bull F1 boss Laurent Mekies has revealed what... Read More »
24m ago from GPFans.com
Was Martin Brundle nearly replaced by Colin McRae? Rally...
Colin McRae and Martin Brundle are two legends of... Read More »
1h ago from GPFans.com
