News Details
'Caterham up for sale'
If you want to own a Formula 1 team now is the time to get in there as Tony Fernandes is reportedly selling his Caterham outfit.
The backmarker team, who have yet to score a single World Championship point and claimed the wooden spoon last season, is going for a reported 350 million pounds.
According to The Edge Malaysia, an unnamed source has revealed that Fernandes is keen to find a buyer for his team.
The Malaysian businessman has circulated an 'information memorandum' in the Middle East.
However, it's not just the F1 team that is up for grabs as Fernandes is selling the entire operation, including the sportscar company.
Full Story »
Full Story »
11y ago from PlanetF1.com
0
You May Also Be Interested In...
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
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 - report
AirAsia chief executive Tony Fernandes is trying to sell his Caterham...
11y ago from SuperSport.com
Fernandes tight lipped about Caterham sale reports
Tony Fernandes
Businessman Tony Fernandes is not responding to mounting...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Honda tops MotoGP’s Sepang Shakedown as Aleix...
No description available...
47m ago from Motorsport.com
Alex Marquez targeting factory MotoGP seat at Yamaha...
No description available...
2h ago from Motorsport.com
Pedro Acosta to race for Ducati in 2027 alongside Marc...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu: MotoGP's newest superstar
On one fateful day, June 10, 2025, news finally broke that would mark one...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Freedom 250 will be "economic benefit” to...
No description available...
16h ago from Motorsport.com
Donald Trump signs executive order confirming IndyCar...
No description available...
18h ago from Motorsport.com
Cindric returns to Team Penske for 2026 as...
No description available...
1d ago from Motorsport.com
Tim Cindric returns to Penske in race strategist role
Team Penske has announced the strategist line-up for its 2026 IndyCar...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
New WRC winter tyre expected in 2027 after Monte Carlo...
No description available...
1d ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
2d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
4d ago from Motorsport.com
Rally USA return edges closer for 2027 as WRC plans...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal board issue brutal ultimatum to Arteta after...
Arsenal manager Mikel Arteta is reportedly under pressure from the club...
2h ago from CaughtOffside.com
Report: Arsenal eye versatile Real Madrid gem as their...
Arsenal are looking to improve the team with the signing of Real Madrid...
2h ago from CaughtOffside.com
Arsenal very serious about signing midfield gem as Man...
Lille midfielder Ayyoub Bouaddi has been linked with a move away from the...
4h ago from CaughtOffside.com
Leeds preview: Change it around to try and find the...
Morning all. It's now 28 days since Arsenal last won a Premier League...
4h ago from Arseblog.com
Comments
Hottest News
Fernando Alonso confirms significant Aston Martin detail...
Fernando Alonso got his first taste on Friday of... Read More »
1h ago from RacingNews365.com
Martin Brundle reveals F1 quirk that could see Mercedes...
F1 legend Martin Brundle has noted a potential... Read More »
47m ago from GPFans.com
F1: Round 1 to Mercedes
Shakedown stats suggest that Mercedes has reacted... Read More »
1h ago from Pitpass.com
