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Caterham Group Seeking Additional Investment, Not For Sale
by staff
Tuesday, May 27, 2014

This just in from the parent group which owns the Moto2 team that Josh Herrin rides for in the world championship.

Caterham Group Clarification

UK, 27th May 2014

Despite press rumours to the contrary, Caterham Group is not for sale.

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 wholly committed to the Caterham brand.

Fernandes confirmed: "Caterham Group is not for sale. We love what we build and we are always looking for further investment. This is no different to how we started AirAsia. 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."

ENDS

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