News Details
Fernandes sells Caterham F1 team
Tony Fernandes has finally cut his ties to the Caterham Formula One team after it was announced on Wednesday he had sold the struggling British-based outfit. The Malaysian businessman's decision came after enduring four-and-a-half years without a solitary Grand Prix point and a personal investment of some £250 million ($430 million) by Fernandes, the owner of both AirAsia and London football club Queens Park Rangers – who next season will return to play in the lucrative English Premier League. A Caterham statement said Fernandes had sold to a consortium of Swiss and Middle Eastern investors. The new owners are being advised by Colin Kollas, who has experience with several Formula One...
Full Story »
Full Story »
11y ago from SuperSport.com
0
You May Also Be Interested In...
Fernandes has sold Caterham with immediate effect
New era for Caterham
Caterham F1 Team have confirmed that Tony Fernandes...
11y ago from GrandPrix247.com
New owners at Caterham
Caterham confirmed on Wednesday that Tony Fernandes has sold the team to a...
11y ago from SkySports.com
Fernandes exits as Caterham confirm takeover
Caterham have confirmed that former team principal Tony Fernandes and his...
11y ago from Formula1.com
Caterham boss Fernandes admits 'F1 hasn't worked'
Caterham owner Tony Fernandes has once again reignited speculation that he...
11y ago from TheF1Times.com
Elsewhere On The Network
Popular On MGPToday.com
VR46 approached by Aprilia for 2027 but new Ducati...
No description available...
17h ago from Motorsport.com
Jerez hosts three days of private MotoGP testing with...
No description available...
1d ago from Motorsport.com
Aprilia boss on calming Marco Bezzecchi: ‘He’s...
No description available...
1d ago from Motorsport.com
Pedro Acosta leads MotoGP standings after opener –...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Winners and losers from an action-packed IndyCar race...
No description available...
11h ago from Motorsport.com
IndyCar reveals track design for Washington D.C. event
IndyCar has revealed the track design for the newly-added event in...
1d ago from MotorsportWeek.c...
Washington D.C. IndyCar track layout and event logo...
No description available...
1d ago from Motorsport.com
David Malukas’ Penske poise earns accolades from...
After just two races with Team Penske under his belt, David Malukas is...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Toyota tips Hyundai to fight back in WRC 2026
No description available...
12h ago from Motorsport.com
Hyundai's WRC upgrade plan to close the gap to Toyota
No description available...
1d ago from Motorsport.com
Why Hyundai WRC team is "working at 120 per...
No description available...
5d ago from Motorsport.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Havertz eager to make up for lost time for Arsenal...
t;li>Forward says knee injury was ‘most painful’ of his lifeGerman...
7h ago from TheGuardian.com
Arsenal join 140m superstar hunt with Man United as...
Arsenal and Manchester United are looking to strengthen their attacking...
8h ago from CaughtOffside.com
Arsenal handed significant boost as 3 key players...
Arsenal have been handed a triple injury boost ahead of their UEFA...
10h ago from SportsKeeda.com
Chelsea prep mega bid for 90 million-rated Arsenal and...
Chelsea is hoping to sign the PSG attacker Khvicha Kvaratskhelia at the...
10h ago from CaughtOffside.com
Comments
Hottest News
Honda chief furious over Aston Martin fiasco as daily...
Honda boss Koji Watanabe is frustrated with the... Read More »
8h ago from GPFans.com
Aston Martin hit by new bombshell as insider reveals...
An Aston Martin F1 insider has dropped a new... Read More »
20h ago from GPFans.com
Mercedes F1 PU teams look for answers as Williams admits to...
Mercedes stunned its F1 rivals at the Australian... Read More »
7h ago from MotorsportWeek.com
