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:


Login or Create new account to add a comment!


Most of you may have heard or already have one of those autonomous home appliances doing the house chores. Thus, it’s not anymore unusual to see a car going places...
by - October 20, 2016
Mini has just provided the world with a preview of its first hybrid model that employs petrol-electric power to propel its wheels. Derived from the second generation of the Mini...
by - October 20, 2016
For the second time in three years, German driver Marco Wittmann of BMW Team RMG reached the summit in the DTM Drivers’ Championship. Even though Wittmann only secured a fourth...
by - October 20, 2016
The recent motor show has given us a lot of promising vehicles to look forward to for the time being. After we caught a glimpse of the future of motoring,...
by - October 19, 2016
Almost immediately after its launch, car designers have rendered their own adaptations of the new BMW 5-Series (G30). It’s just how it goes. Most folks with very creative minds couldn’t...
by - October 19, 2016