A few of you weren't too impressed that our Caterham news yesterday was focused on a
single-seater Seven
rather than the Tony Fernandes' rumoured sale of the company. Fair enough, but when dealing with something potentially so significant we prefer to have something official.
Therefore here is Caterham's clarification, word for word, that the Group is not for sale. It is searching for investment to continue with its model development including the AeroSeven project however. With that cleared up we can return to eagerly anticipating future Caterham projects, and loving the current ones for that matter.
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: "The 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."