News Details

Caterham sale has Formula 1 world confused

Puzzled heads are being scratched in the Formula 1 paddock, the day after the struggling Caterham team changed hands with immediate effect earlier this week. Malaysian aviation entrepreneur Tony Fernandes' 100 per cent sale of the team was confirmed late on Wednesday, a media statement saying Caterham is now owned by 'a consortium of Swiss and Middle Eastern investors'. The statement, however, did not name the investors, and sources insist they will remain ‘in the background' while Caterham is run now by HRT's Colin Kolles and Manfredi Ravetto, and former Minardi driver Christijan Albers. The veteran correspondent for the Swiss newspaper Blick, however, is concerned, 'The whole...
Full Story »
10y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Caterham confirms sale to consortium

Sutton Images Enlarge Caterham will continue to compete in Formula One...
10y ago from espnF1.com

New owners at Caterham

Caterham confirmed on Wednesday that Tony Fernandes has sold the team to a...
10y ago from SkySports.com

Haryanto gets Caterham test outing

GP2 Media Service Indonesian GP2 racer Rio Haryanto will drive for...
10y ago from F1Zone.net

Fernandes exits as Caterham confirm takeover

Caterham have confirmed that former team principal Tony Fernandes and his...
10y ago from Formula1.com

Elsewhere On The Network

Popular On MGPToday.com

Davide Brivio commends ‘very good connection'...

Trackhouse Racing boss Davide Brivio commends the team's relationship...
15h ago from MotorsportWeek.c...

Trackhouse Racing unveil 2025 MotoGP livery

On Tuesday afternoon in Charlotte, North Carolina, Trackhouse Racing...

Popular On IndyCarToday.com

Andretti Global's new look takes shape

No description available...
11h ago from Motorsport.com

FOX Sports confirms broadcast team as it assumes...

FOX Sports has announced the trio of talent that will present the NTT...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal 2-1 Tottenham: Premier League – as it...

enal moved to within four points of leaders Liverpool with victory in the...
2h ago from TheGuardian.com

Mikel Arteta confirms Arsenal's January transfer plans...

Arsenal manager Mikel Arteta confirms that the Gunners are 'actively...
2h ago from SportsMole.co.uk

What’s the reality of this Tottenham team, supremely...

e Postecoglou has a good side in there somewhere, but also one addicted to...
2h ago from TheGuardian.com

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.