QPR supremo to take a step back from running Caterham F1 team

10:39 08 November 2012

Tony Fernandes stands next to the new car during the 2010 Lotus Formula One Car Launch at the Royal Horticultural Hall, London. Picture: PA Wire

Tony Fernandes stands next to the new car during the 2010 Lotus Formula One Car Launch at the Royal Horticultural Hall, London. Picture: PA Wire

PA Archive/Press Association Images

QPR chairman Tony Fernandes is to step down as team principal of the Caterham F1 team.

Heikki Kovalainen during Practice for the Formula One Santander British Grand Prix. Picture: Martin Rickett/PA ArchiveHeikki Kovalainen during Practice for the Formula One Santander British Grand Prix. Picture: Martin Rickett/PA Archive

The backmarkers have failed to win a point since joining the sport in 2010 and the Malaysian has chosen his successor to take the team forward.

“On the racing side we have come to the conclusion that it is better if someone else takes over the team principal role to move forward,” Fernandes said.

“We are definitely better at business than finding tenths of seconds around a lap.

“It was right for us to lead the team initially and set a template of how it should be. That vision is now set and the team is ready to move forward to the midfield.”

Related articles

Live Blog Transfer Window Live July 25

 

Latest Stories

17:53
Eliott Diffley

A data stick full of child porn fell out of a pervert’s bottom in Islington Police Station.

Read more
The most sureal moment at the Commonwealth Opening Ceremony was the sight of some giant dancing Tunnocks tea cakes (Photo by Jeff J Mitchell/Getty Images)

Did you watch the Commonwealth Games opening ceremony last night? It made us misty-eyed for London 2012, when the whole world was watching our city, so we decided to compare Glasgow 2014 to Danny Boyle’s opening ceremony. Be prepared for a blast from the past!

Read more
The Eid al-Fitr party in Trafalgar Square promises to be fun, fantastic, and free! (Photo by Daniel Berehulak/Getty Images)

Check out our five-minute guide to celebrating the end of Ramadan in London.

Read more

Quizzes

How much do you really know about QPR legends like Les Ferdinand? Picture: Neal Simpson/EMPICS Sport

Test your knowledge of QPR’s greatest players with our fantastic legends quiz.

Read more
Guess the manager quiz. Here's a hint, it's not these four.

The managerial merry-go-round spins quickly these days so do you think you’ve got the knowledge to recognise the faces of all these football bosses?

Read more
Croatia's Daniel Prajnic, France's Paul Pogba and Portugal's Cristiano Ronaldo... three hair-raising World Cup stars (Picture: Archant/Getty)

The World Cup is a showcase of fantastic football... and terrible hairstyles. Try this quiz and test your knowledge of the wackiest barnets in Brazil.

Read more
Which London club play their home games at this stadium...? (Photo by Jan Kruger/Getty Images)

Do you fancy yourself as a football ground buff? Test your stadium knowledge with this brilliant quiz.

Read more

QPR Transfer News

Thursday, July 24, 2014
QPR owner Tony Fernandes  (Photo by Clive Rose/Getty Images)

QPR chairman Tony Fernandes remains convinced the club will move into a new 40,000-capacity stadium in Old Oak Common, Willesden, by 2018 despite current tenants Car Giant suggesting otherwise.

Read more
Thursday, July 24, 2014
Jack Collison  (Photo by Stu Forster/Getty Images)

Wales international Jack Collison wants to prove himself during a pre-season spell at QPR - with a move to Loftus Road of interest to the former West Ham midfielder.

Read more
Thursday, July 24, 2014
PSG forward Edinson Cavani  (Photo by Julian Finney/Getty Images)

Another busy day of transfer news is out of the way and we have plenty of stories for you to get your teeth into.

Read more
Thursday, July 24, 2014
Samuel Eto'o. (Photo by Julian Finney/Getty Images)

It is set to be another busy day transfer-wise and so we have compiled all of this morning’s news from around the web to get us underway.

Read more