Some foreign news agencies disseminate information that businessman Tony Fernandez from Malazia wants to sell one of his offspring – Caterham Group. At the moment, it is known that its estimated price will be approximately 580 million American dollars.
To date, Caterham Group includes engineering developments called Caterham Technology and Innovations, a division of road car, as well as a formula-1 team. All this, as well as the company’s assets, is ready to sell after a series of failures with his new automobile projects.
As you know, earlier in the plans of the road vehicle units there was a joint development of a modern sports car with a medium -led engine with a Renault company. Also, automakers planned to deepen cooperation, within the framework of which Caterham had to have two new “hot” models created on the meringues of Captur crossover and Renault Clio hatchback. Nevertheless, after a series of disagreements that are related to the design of a powerful sports car, this enterprise, unfortunately, stopped its work.
According to rumors, the Malaysian businessman is ready to sell Caterham Group to entrepreneurs from the Middle East, but Fernandez does not make any official statements about this.
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