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Saturday, 18 October 2014

Fernandes sells Caterham GP2 team (Reuters)

LONDON (Reuters) - Malaysian aviation entrepreneur Tony Fernandes has followed up the sale of the Caterham Formula One team by offloading his GP2 outfit to Canadian-based businessman Teddy Yip's Status Grand Prix. The sale will see Caterham Racing, which competes in the feeder series to Formula One, leave the Caterham F1 factory in central England and relocate to Silverstone before being renamed next season. ...


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