F1 » AirAsia now boarding with Caterham

AirAsia has announced that it is to remain an F1 sponsor by extending its relationship with Caterham F1.

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melonfarmer - Unregistered

January 03, 2012 1:39 PM

This story is a bit of a waste of bandwidth really - just PR in a slow news week for both Fernandes companies. What next? Tune and NAZA re-new?

However, it may be a bit of welcome exposure for Matt Parry. A Google search tells me he suffered a disappointing Formula Ford season.

RobR - Unregistered

January 03, 2012 8:38 PM

Is Tony Fernandes Air Asia spreading its self a bit thinly lately with news of his football team QPR not doing very well and having to spend heavily to reinforce his team. His Airline must be a very profitable business to support all his hobbies. I hope Trulli keeps the seat with the promise of a much improved car for 2012

JJJ - Unregistered

January 05, 2012 12:50 AM

So is Kingfisher (heavy in debt). Matter of time before both these companies go belly up leaving 2 midfield F1 teams up for sale to the next rich luckseaker. Usually another one will step up eventhough everyone knows an F1 team that doesn't win races is just a money pit. That said I guess if i was a billionaire or had loaned some billions myself (like vijay and tony), I guess I would be tempted too. If only just for love of the game.

Rob01 - Unregistered

January 05, 2012 2:21 AM

If Ferrari steps to the plate instead of taking the goodies. The next Concorde will see the teams taking a much larger piece of the pie. Allowing teams to be less dependant on sponsors money. In addition they are to propose track side adverts that the teams do NOT pay for. They pay for the right currently to have any but controlled advert anywhere near the track. Those two things alone could right the current ship. Come on Ferrari.

Tim - Unregistered

January 05, 2012 10:36 AM

Air Asia are set to axe their unprofitable loss making European and Indian routes according to businesstraveller.com it could be Fernandes took his eye of the main business to concentrate on hobby business's

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