News Details

Fernandes puts Caterham up for sale

Sutton Images Enlarge Tony Fernandes is looking to sell Caterham for around £350 million, according to reports in the media, but it is not thought he will be able to realise anything like that sum. Fernandez's diminishing interest in the sport has been known for some time and so the news does not come as a surprise. His attention is far more centred on QPR who gained promotion to the Premier League at the weekend. The Bloomberg agency reported on Sunday that a memorandum on the sale was being circulated in the Middle East. But with little to celebrate on the track, it appears Fernandes' patience has run out. Three months ago he said that if the team remained at the back "I don't...
Full Story »
11y ago from espnF1.com 0
Share

You May Also Be Interested In...

Fernandes tight lipped about Caterham sale reports

Tony Fernandes Businessman Tony Fernandes is not responding to mounting...
11y ago from GrandPrix247.com

Fernandes to put Caterham group – including F1...

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

Caterham F1 team up for sale

Flamboyant Malaysian millionaire Tony Fernandes has put his Caterham...
11y ago from SuperSport.com

Report: Caterham put up for sale by Fernandes

The Caterham Group has reportedly been put up for sale by owner Tony...
11y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Pato O'Ward issues damning verdict on ‘Mario...

Pato O'Ward isn't chasing F1 any more after falling out of love with...

IndyCar names officiating director ahead of Indy 500

IndyCar Officiating has announced Scot Elkins as the new Managing...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal and Chelsea battle European giants for...

Arsenal and Chelsea are reportedly keeping tabs on the MLS prospect Adri...
19m ago from CaughtOffside.com

Serie A giants identify Liverpool star Alisson as top...

Serie A club Juventus have reportedly identified Liverpool goalkeeper...
2h ago from SportsKeeda.com

Arsenal face fierce competition for 28-G/A target...

Julian Alvarez has been linked with a move away from Atletico Madrid at...
2h ago from CaughtOffside.com

Sources: Arsenal 'have sounded out' 24 G/A maestro...

There's always a lot of noise about Real Madrid, and I thought I'd post an...
6h 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.