News Details
Fernandes denies Caterham is for sale
Following recent rumours of a possible sale of Caterham, chairman Tony Fernandes has officially denied that the Caterham Group is or will soon be up for sale.
Recent reports claimed that Fernandes was preparing to put the company up for sale, but in a press release today, the company formally denies any such moves, instead clarifying they are searching for further investment to strengthen the group. 'The reports circulating this weekend are factually incorrect. 'It is, however, true that the Group is actively searching for additional investment as it seeks to fulfil ambitious plans to develop. The shareholders of the Group, co-Chairmen Tony Fernandes and Datuk Kamarudin Meranun, remain...
Full Story »
Full Story »
11y ago from F1Technical.net
0
You May Also Be Interested In...
Fernandes insists Caterham Group not for sale
The Caterham Group is not for sale according to a statement from the...
11y ago from TheF1Times.com
Caterham Group not for sale insists Fernandes
Tony Fernandes has officially dismissed reports that he is intending to...
11y ago from RichlandF1.com
Fernandes not selling Caterham
Caterham owner Tony Fernandes has denied that his group of companies,...
11y ago from SkySports.com
Fernandes: Caterham Group is not for sale
– Tony Fernandes has confirmed he is not looking to sell the...
11y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
MotoGP riders have their say on controversial Marc...
No description available...
16h ago from Motorsport.com
Marc Marquez hits out at timing of controversial Thai...
No description available...
17h ago from Motorsport.com
Yamaha reveals why it ‘took the difficult route’...
Technical Director Max Bartolini admits Yamaha “took the difficult...
13h ago from MotorsportWeek.c...
Pedro Acosta takes dramatic Thai MotoGP Sprint victory...
KTM rider Pedro Acosta clinched his first victory in MotoGP following a...
19h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar St. Petersburg – Qualifying Results
25 drivers of the NTT IndyCar Series took to the streets of St....
4h ago from MotorsportWeek.c...
Scott McLaughlin earns IndyCar St. Pete pole, Coyne...
No description available...
4h ago from Motorsport.com
Dale Coyne relishes 'extraordinary' double Fast 6...
No description available...
3h ago from Motorsport.com
Scott McLaughlin rockets to the top in IndyCar...
The NTT IndyCar Series took to the streets of St. Petersburg late...
4h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
10h ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
2d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
This 'unbelievable' star a better option than Sandro...
Former Arsenal star Anders Limpar has suggested that the Gunners don't...
13h ago from CaughtOffside.com
Talks held: Barcelona working on signing 45m Arsenal...
Barcelona are reportedly already in talks with intermediaries over a...
14h ago from CaughtOffside.com
Arsenal vs Chelsea Prediction and Betting Tips | 1st...
The Premier League is back in action with another massive clash between...
17h ago from SportsKeeda.com
£90m-rated Arsenal transfer target sends private...
Newcastle United midfielder Sandro Tonali has reportedly given the club...
18h ago from CaughtOffside.com
Comments
Hottest News
FIA announces last-minute F1 qualifying change on eve of...
Good news, racing fans! You get to see more F1... Read More »
8h ago from GPFans.com
F1 Schedule 2026: Every race date and TV details for all 24...
F1 is back and the schedule for the new 2026... Read More »
5h ago from GPFans.com
F1 issues statement about Bahrain and Saudi Arabian GPs...
F1 has moved to calm fears that some of its... Read More »
12h ago from GPFans.com
