News Details

Caterham team not for sale

LONDON, May 27, 2014 (AFP) - Flamboyant Malaysian millionaire Tony Fernandes contrary to press reports is not looking to sell his Caterham Formula One team he announced in a statement on Tuesday. Fernandes, who also owns budget airline AirAsia and the English football club Queens Park Rangers who made an immediate return to the Premier League after winning their play-off final last Saturday, added that the group is looking to attract outside investment. Fernandes had felt compelled to issue the statement after it had been reported by Malaysia's Edge financial daily on Sunday that he planned to offload the group's assets, adding that an information...
Full Story »
11y ago from F1Plus.com 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

Mallya denies money scandals hurting Force India image

Subrata Roy Sahara with Vijay Mallya Vijay Mallya has distanced Force...
11y ago from GrandPrix247.com

Caterham Formula One Team up for Sale, Says Report

Kuala Lumpur:  Flamboyant Malaysian millionaire Tony Fernandes has...
11y ago from NDTVSports.com

Hamilton tops final Monte-Carlo practice

– Lewis Hamilton returned to the top of the timesheets during final...
11y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Alex Palou responds to McLaren court ruling

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

McLaren wins contract breach suit against Alex Palou

McLaren has prevailed in its lawsuit against star IndyCar driver Alex...

Popular On TotalWRC.com

Oliver Solberg crowned the youngest ever Rallye Monte...

Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...
18h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Amad Diallo mocks Arsenal fan on social media after...

Manchester United winger Amad Diallo wasted no time firing back at Arsenal...
1h ago from CaughtOffside.com

“Any reason for that? Seems unusual” - Gary...

Gary Neville was left in disbelief after being told that Arsenal held only...
2h ago from SportsKeeda.com

Arsenal 2-3 Man Utd: An awful afternoon demands...

Match report – Player ratings – Arteta reaction – Video...
1h ago from Arseblog.com

“Squeaky bum time” - David Beckham pokes fun at...

Manchester United icon David Beckham has made fun of his son Romeo after...
2h ago from SportsKeeda.com

Comments

Hottest News

LIVE: 2026 F1 Barcelona Pre-Season Test - Day 1

The first day of on-track action for F1 in 2026... Read More »
56m ago from RacingNews365.com

Red Bull offer first glimpse at new F1 2026 car

Red Bull has released images of its true car for... Read More »
1h ago from RacingNews365.com

Red Bull reveals first images of new-era RB22

Oracle Red Bull Racing has pulled back the... Read More »
56m ago from F1i.com

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.