News Details
Caterham F1 team up for sale
Flamboyant Malaysian millionaire Tony Fernandes has put his Caterham Formula One team up for sale, seeking about £350 million for all assets of the Britain-based parent company, a report said. Fernandes, who also owns budget airline AirAsia and the English football club Queens Park Rangers, had warned in January that he would stop funding the F1 team unless its performance improved. Citing an unnamed source, Malaysia's Edge financial daily on Sunday said Fernandes planned to offload the group's assets, adding that an information memorandum for the sale was being circulated in the Middle East. Fernandes, ranked the 28th richest person in Malaysia by Forbes magazine, did not respond to...
Full Story »
Full Story »
11y ago from SuperSport.com
0
You May Also Be Interested In...
Caterham F1 team up for sale - report
AirAsia chief executive Tony Fernandes is trying to sell his Caterham...
11y ago from SuperSport.com
Caterham Formula One Team up for Sale, Says Report
Kuala Lumpur: Flamboyant Malaysian millionaire Tony Fernandes has...
11y ago from NDTVSports.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
'Caterham up for sale'
If you want to own a Formula 1 team now is the time to get in there as...
11y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez on Thai GP puncture: 'It was like I hit a...
No description available...
2h ago from Motorsport.com
Ducati's four-year MotoGP podium streak ends in...
No description available...
4h ago from Motorsport.com
Michelin cites aggressive kerbs for Marc Marquez’s...
No description available...
2h ago from Motorsport.com
Marco Bezzecchi claims flag-to-flag Thai MotoGP...
Marco Bezzecchi delivered a commanding flag-to-flag victory for Aprilia...
4h 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....
14h ago from MotorsportWeek.c...
Dale Coyne relishes 'extraordinary' double Fast 6...
No description available...
12h ago from Motorsport.com
Marcus Ericsson encouraged by Will Power’s input at...
Marcus Ericsson has a new team-mate this year in Will Power, and the...
19h ago from MotorsportWeek.c...
Scott McLaughlin earns IndyCar St. Pete pole, Coyne...
No description available...
14h ago from Motorsport.com
Popular On TotalWRC.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
20h ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
3d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Martin Odegaard makes feelings clear about Eberechi...
Ahead of Arsenal’s Premier League clash against Chelsea, Martin Odegaard...
2h ago from SportsKeeda.com
Chelsea interested in signing £61 million-rated star...
Chelsea and Arsenal are reportedly set to battle for Paris Saint-Germain...
2h ago from SportsKeeda.com
Arsenal boss Mikel Arteta provides mature response...
Arsenal boss Mikel Arteta has responded to Viktor Gyokeres being close to...
2h ago from SportsKeeda.com
Arsenal’s £75m summer transfer plan in jeopardy...
Arsenal are hoping to sign Newcastle United attacker Anthony Gordon at the...
5h ago from CaughtOffside.com
Comments
Hottest News
Christian Horner reveals ‘a******’ Toto Wolff message...
Former Red Bull F1 boss Christian Horner has... Read More »
40m ago from GPFans.com
Fred Vasseur makes firm prediction following radical F1...
The Ferrari boss has made his prediction, but... Read More »
50m ago from RacingNews365.com
Charles Leclerc appears to have tied the knot after being...
Multiple media reports claim Charles Leclerc has... Read More »
2h ago from GrandPrix247.com
