Tuesday, 27 May 2014

Abiteboul doubts Haas interest in Caterham

(Jean Michel Le Meur DPPI/ for Renault Sport F1)

Caterham team principal Cyril Abiteboul believes that Gene Haas won't be interested in purchasing the Leafield based outfit after owner Tony Fernandes announced yesterday that he was putting the company up for sale. Abiteboul believes that the team are not what Haas is looking for. Speaking to Sky Sports online in Monaco he said:

'I think they have a very strong opinion of how they want to do Formula 1. I don't think that we tick their boxes.  He went on to say: 'I think everything is for sale in Formula 1, so every team is looking for sponsors, for investors, so I think it's then just a notion of limits. But I can't really comment on the limitation.

'We've been talking to potential investors since I joined this team to be honest.'.

According to reports, Fernandes is seeking in the region of £350 million for both the Caterham F1 Team operation and Caterham cars. Speaking prior to the start of the season, Fernandes said:

'If we're at the back I don't think I'm going to carry on. Nothing is set in stone but after five years with no points there is a limit to one's patience, money, motivation, etc, so it's an important year.'

Fernandes has of course other interests outside of Formula One with his every expanding AirAsia business along with his football team Queens Park Rangers who, on Saturday were promoted back into England's to tier Barcleys Premier League so he will be wanting to invest in new players as the team will hope to remain in the Premiership for more then one season.

NASCAR team owner Gene Haas has been granted entry into the 2015 Formula One season and it is has been reported that he could be interested in purchasing an existing team although this has not been confirmed as the American team is pushing ahead with the development of their Formula Oe HQ which had it's roof put on the new building recently.

It is going to be a matter of wait and see what happens. 

©Ben Johnston 2014

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