Caterham Group announced by Chairman Tony Fernandes

Article by Christian Andrei, on November 29, 2011

Caterham Group is now the official parent company name for the lineup of motor racing, automotive, innovation and technology companies that are under the stewardship of Group CEO Riad Asmat. Eight months since the acquisition of Caterham Cars, Chairman Tony Fernandes publicized the establishment of the new umbrella brand in Sao Paulo at the Brazil Grand Prix.

Fernandes related that they have been discussing "for some time now" the plans for the Caterham range "from the road car company to Formula 1 and GP2, and in the technology, design and innovation fields."

He added that with the announcement regarding the rebranding in Formula One to Caterham F1 Team beginning 2012, the company is now in a position to provide a "much more in-depth explanation of how the Caterham Group is taking shape." The Caterham Group has four main areas, namely Caterham F1 Team, Caterham Cars, Caterham Composites and Caterham Technology & Innovation (CTI).

The Group will later on be expanded with additional business identities later on. Fernandes discussed that the range of business interests gives them "a very strong foothold" in a range of growth sectors, staffed with teams of people with "a strong mix of experience, youth, creativity and passion."

He concluded that they all have "the right ingredients in place to do some incredibly exciting things in markets that are ripe for innovation and new ideas." Caterham Cars, which is under the guidance of Chief Executive Ansar Ali, has been preoccupied with its expansion into new markets like China and India, preparing the SP/300.R sports prototype for next year. It has also been busy laying the foundations for a wholly new product lineup that will see the first all-new Caterham road vehicle launched by 2014.

Topics: caterham

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

Off-road driving with an open air vehicle provides another kind of experience for many off-road enthusiasts and fans. For this sake, Ford is planning to offer a version of the...
by - January 16, 2017
For those who love driving, future autonomous cars should be like the Toyota Concept-i that is drawing in a multitude of visitors at the 2017 Consumer Electronics Show in Las...
by - January 15, 2017
Things are looking good at Rolls-Royce Motor Cars as the British luxury carmaker impressed by posting a six-percent jump in deliveries in 2016. Rolls-Royce’s 2016 deliveries of 4,011 units in...
by - January 15, 2017
British luxury sports car maker Jaguar is introducing a bevy of subtle updates to the 2018 Jaguar F-Type Facelift. However, these updates are so subtle that they are barely noticeable...
by - January 14, 2017
As far as Automobili Lamborghini S.p.A. is concerned, 2016 was a very fruitful year. This is all due to the fact that the luxury sports carmaker has delivered the most...
by - January 14, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries