Rumours were building over the Monaco weekend that Tony Fernandes had finally gotten frustrated with the lack of performance of the Caterham team and was actively looking for a buyer to purchase the Leafield outfit. Now, the Caterham Group have put out a statement hotly denying any such thing, but admitting they are looking for further investment to try and help improve their situation.
Team boss Fernandes says: “The Caterham Group is not for sale. We love what we build and we are always looking for further investment. Yes, we are constantly challenging ourselves and making decisions on everything from the structure to projects within the Group. That is normal business. That does not mean we are selling.”
Of course, the situation wasn’t helped by Marussia securing their first point in F1 this weekend, before Caterham managed to do so. And, just because they’re not for sale now, the team are still under the threat of Fernandes’ pre-season ultimatum that, quote: “If we’re at the back, I don’t think I’m going to carry on.”
Filed under F1Minute
Previous story Marussia pick up first points as Rosberg takes Monaco victory
Next story Ferrari look to the long term for upturn in performance
Popular news stories
365 F1 stories
Recent stories