News Details
Fernandes: Caterham Group is not for sale
Tony Fernandes
Caterham owner Tony Fernandes denied on Tuesday that his group of companies, which includes the struggling Formula One team, was up for sale but said it was seeking new investment.
Reports in Malaysia at the weekend had said the AirAsia budget airline boss was seeking to sell the British-based team and sportscar company and an information memorandum was being circulated in the Middle East.
'Caterham Group is not for sale,' Fernandes said in a statement. '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...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
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
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 team not for sale
LONDON, May 27, 2014 (AFP) - Flamboyant Malaysian millionaire...
11y ago from F1Plus.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
Why Alex Marquez has been struggling in MotoGP this...
No description available...
21h ago from Motorsport.com
Construction moving forward at Buenos Aires for...
No description available...
1d ago from Motorsport.com
Massimo Rivola: Aprilia has become the ‘benchmark’...
Massimo Rivola has admitted that Aprilia has become the current reference...
1d ago from MotorsportWeek.c...
Ducati playing “catch-up” to Aprilia but insists...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
1w ago from Motorsport.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
5d ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
6d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
5d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
1w ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
From France: Liverpool on alert 2x UCL winner made...
Liverpool are reportedly one of the clubs on alert as Real Madrid look...
28m ago from CaughtOffside.com
Two key stars out for Arsenal, as Arteta confirms...
Arsenal will be up against Sporting CP in the UEFA Champions League...
11h ago from CaughtOffside.com
‘Use that fuel’: Mikel Arteta and David Raya urge...
t;li>Team will not panic in wake of City and Southampton defeatsRaya...
10h ago from TheGuardian.com
Arsenal's injury crisis gives Arteta selection...
Two games, two defeats, two trophies slip out of Arsenal's grasp. If they...
11h ago from SkySports.com
Comments
Hottest News
Oscar Piastri spots 'quite interesting' F1 trend which...
Oscar Piastri believes there is a 'quite... Read More »
1h ago from RacingNews365.com
Red Bull admit to 'paying the price' over major F1 car...
Red Bull employed an aggressive development... Read More »
48m ago from RacingNews365.com
Brundle: Russell needs to treat Antonelli like peak Hamilton
George Russell must treat his Mercedes team-mate... Read More »
1h ago from SkySports.com
