Fernandes: F1 hasn't worked

Friday 27th June 2014

Share:

Fernandes: F1 hasn't worked

Fernandes: F1 hasn't worked

Tony Fernandes appears to be close to a Formula 1 exit after the Caterham owner admitted "F1 hasn't worked".

Speculation has been rife in recent months that the Malaysian businessman is ready to offload the team and he added fuel to the fire on Friday by tweeting: "F1 hasn't worked, but love Caterham Cars."

His Twitter account was shut down not long after that.

Fernandes bought the team back in 2010 when they raced under the Lotus Racing guise, but they have struggled to make an impact and have failed to score any points in their four and a bit seasons to date.

Earlier this month reports suggested they won't feature in last weekend's Austrian Grand Prix, but they were on the grid in Spielberg.

However, the rumours are refusing to go away and Fernandes' tweets will only raise more questions.

Gallery: Race Day In Hungary

Editor's Picks

Stand-Out Moments In 2014

Stand-Out Moments In 2014

Stuff the critics, Andrew Davies thinks this has been an outstanding year of F1 and delivers his 10 magnificent moments...

What Will Alonso Do Next?

What Will Alonso Do Next?

Fernando Alonso is well known for his love of magic, but he needs to pull a rabbit out of a hat very quickly...

PlanetF1 Fantasy League

PlanetF1 Fantasy League

The season may be underway but you can still enter the PlanetF1 Fantasy League and win prizes on a race-by-race basis...

Not The F1 News: Rain Radar

Not The F1 News: Rain Radar

Eric Boullier and the McLaren team are receiving more training from the weather satellite company, UBIMET...