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
Maverick Vinales fastest in second Mugello MotoGP...
Maverick Vinales impressed as he recorded the fastest time in the second...
17h ago from MotorsportWeek.c...
Fabio Quartararo injures shoulder in practice crash at...
No description available...
16h ago from Motorsport.com
Why MotoGP riders like Francesco Bagnaia face a...
No description available...
20h ago from Motorsport.com
Former WorldSBK champion explains changes Toprak...
Former MotoGP rider Ben Spies expects Toprak Razgatlioglu must...
16h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Kyle Kirkwood blasts to top in IndyCar practice from...
After finishing the season’s first short oval under the lights on...
9h ago from MotorsportWeek.c...
Michael Cannon already strengthening DCR team –...
Rinus VeeKay is already noticing the impact engineer Michael Cannon is...
13h ago from MotorsportWeek.c...
Arrow McLaren apologises for Nolan Siegel’s explicit...
No description available...
1d ago from Motorsport.com
Nolan Siegel apologizes for profanity-filled radio rant
Arrow McLaren driver Nolan Siegel has apologized for what he said over...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
2d ago from MotorsportWeek.c...
FIA approves updated bodywork rules for WRC 2027...
No description available...
1w ago from Motorsport.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Chelsea and Arsenal told to pay 90 million to sign...
Chelsea and Arsenal have to pay 90m to secure the services of Rafael Leao...
48m ago from SportsKeeda.com
‘Nightmare' Premier League winger would prefer...
Newcastle United winger Anthony Gordon has reportedly made it clear he...
1h ago from CaughtOffside.com
Premier League star wants to join Liverpool amid...
Newcastle United winger Anthony Gordon reportedly prefers a move to...
1h ago from SportsKeeda.com
Arsenal initiate move to sign playmaker regarded as a...
Arsenal are interested in signing the Paris Saint-Germain midfielder...
18m ago from CaughtOffside.com
Comments
Hottest News
How Nico Hulkenberg came close to partnering Max Verstappen...
Red Bull's executive advisor Helmut Marko has... Read More »
39m ago from MotorsportWeek.com
F1 News Today: George Russell set for Austrian GP shock as...
There are two places you don't want to go to when... Read More »
2h ago from GPFans.com
Lewis Hamilton frustrations mount over STUBBORN Ferrari...
Seven-time F1 champion Lewis Hamilton has... Read More »
1h ago from GPFans.com
