News Details

Fernandes: Caterham Group is not for sale

– Tony Fernandes has confirmed he is not looking to sell the Caterham Group, which includes the Caterham Formula 1 Team."The Caterham Group is not for sale," he said in a statement issued on Tuesday evening. "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 projects within the Group. That is normal business."That does not mean we are selling."Indeed the shareholders of the Group, co-Chairmen Fernandes and Datuk Kamarudin Meranun, both said they 'remain wholly committed to the Caterham...
Full Story »
11y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Fernandes to put Caterham group – including F1...

Tony Fernandes will sell the Caterham automotive group, including the...
11y ago from RichlandF1.com

Official: Caterham Group not for sale

Following speculation at the weekend that Tony Fernandes is looking to...
11y ago from Pitpass.com

Fernandes: Caterham is not for sale

Tony Fernandes says the Caterham Group is not for sale amid reports he...
11y ago from Crash.net

Fernandes puts Caterham up for sale

Sutton Images Enlarge Tony Fernandes is looking to sell Caterham for...
11y ago from espnF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Ryan Briscoe to coach RLL drivers, fueling speculation...

Rahal Letterman Lanigan Racing has announced that it has brought on two...

Wienie 500 returns for second year in build-up to Indy...

Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...

Popular On TotalWRC.com

Popular On GunnersToday.com

Havertz, Gyokeres score as Arsenal complete perfect CL...

Kai Havertz and Viktor Gyokeres both got on the scoresheet as Arsenal...
6h ago from SkySports.com

Kai Havertz back among the goals as Arsenal muscle...

enal’s challenge for the Premier League title <a...
6h ago from TheGuardian.com

'He is absolutely garbage', 'He needs to go' - Fans...

Fans slammed the performance of midfielder Martin Odegaard in Arsenal's...
6h ago from SportsKeeda.com

Arsenal & Man United scramble for 35.97 km/hr...

Hoffenheim attacker Bazoumana Toure has done quite well for the German...
10h ago from CaughtOffside.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.