Fernandes hints at Caterham sale, saying “F1 hasn’t worked”

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Tony Fernandes has dropped the biggest hint yet that Caterham F1 Team is set to be sold following a series of cryptic tweets sent out yesterday.

Speculation about the sale of the team has been rife for some time, but Fernandes has stringently denied any claims that he was about to let go of the Caterham brand. As well as the Formula 1 team, he also owns the Caterham Cars programme, Caterham Racing GP2 team and Caterham Moto Racing team in the Moto 2 motorcycle class.

Fernandes was reported to be chasing a sum close to $600m for the F1 team and Caterham cars project last month. Despite constant denials, in the final few tweets from his account before he deleted it, the Malaysian businessman in a reflective mood.

“Goodbye all,” he tweeted. “Maybe I return. Been fun. And damn useful. Speak the truth be brave. Dare to dream, believe the unbelievable and never take no for an answer. Stand up for what you believe, fight oppression and most important enjoy life.”

However, the stand-out tweet simply read: “F1 hasn’t worked but love Caterham cars.”

After constantly denying that the team would be sold, it appears that Fernandes has finally accepted defeat. That said, it may only be the F1 arm of his motorsport interests that are sold, with this being by far the most costly. The GP2 and Moto 2 teams could continue to exist under his AirAsia brand, although plans for these are still unknown.

Fernandes has been bitten by a changing of the times in Formula 1. When he entered the sport with Caterham – then known as Lotus Racing – back in 2010, plans were being drawn up for a cost-cap that would allow teams to run on a figure close to $50m per year. Just as we are seeing some four years later though, there is a reluctance from the bigger teams to help the smaller ones.

Caterham entered the sport at the same time as Marussia and HRT, with the latter folding in 2012. Up until the end of 2013, it was the leading backmarker squad, but has since fallen behind Marussia after the Anglo-Russian team became the first to score any points in Monaco last month.

It is thought that a number of buyers are interested in purchasing the team from Fernandes. According to NBCSN’s Will Buxton, some Russian companies reportedly showed interest in Caterham, and could be in line to move into Fernandes’ office should he officially sell up and leave Leafield.

Hunter and Jett Lawrence walk a delicate balance between winning races and favoring the fans

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ANAHEIM, California – Hunter and Jett Lawrence are two of the most popular riders on the Monster Energy Supercross circuit, with fan bases that established and grew immediately when they came to America to ride for HRC Honda. Connecting with those fans came naturally for the charming Australian brothers, but it has not come without cost.

“It’s cool they’re there and it’s one of the things we try to do is give the fan that interaction,” Hunter told NBC Sports during Supercross Media Sessions ahead of the 2023 season. “It’s why we do ride days, meet-and-greets, press conferences  – all that stuff, because it’s exciting for them. We are trying to bridge the gap so they get personal interaction. Because that’s all they’re after. It’s all about getting that fan to think, ‘I know that guy. I didn’t meet him, but I get him. I get his humor.’ ”

There is no artifice in either brother. Their fan appeal is directly attributable to who they are at their core. And it’s that very genuineness that has throngs of fans standing outside their hauler, waiting for just a moment of their time.

“It’s about being yourself – talking to people,” Hunter said. “It’s not like I turn it on or turn it off; it’s just about being yourself. This is who we are, this is who you get and this is how it will be. You can’t portray something you’re not. If you keep saying you’re an orange, but apples keep popping out, it’s only a matter of time [until they figure it out].”

The key word is ‘throngs’, however. One person wanting just a few moments of time is incidental. Dozens are an entirely different matter.

“It’s tough in Supercross because it’s such a long day,” Hunter said. “The recovery side of it’s tough to do everything. We get stuck outside the grid; we can’t be there for like 10 minutes. We’re stuck there for like an hour. It gets overwhelming at times.

“You feel bad because you want to sign everything, but you’re still here for a job. Every race day is like that. We do the best we can, but there are so many people who wait out front. They’re screaming for you. Even when we’re coming off the sessions, they’re already yelling before you put your bike on the stands. You don’t even get time to take you helmet off.”

It can be a double-edged sword. Personality is only one part of the equation. A much bigger part of the brothers’ fan appeal comes because of their success. Hunter finished second in the last two Supercross 250 West title battles and third in the past two Lucas Oil Pro Motocross Championships.

Jett won the last three titles he competed for, including last year’s 250 East Supercross Championship and the last two Motocross contests.

“I think they expect me to have nothing else to do on a Saturday and that I have unlimited energy,” Jett said. “But, I’m trying to recover for the next race.”

It’s a matter of timing. Jett has gained a reputation last year for handing out hundreds of donuts before the races during Red Bull fan appreciation sessions. And after the race, once the business at hand has been settled, Jett is equally available to the fans.

“After the race it’s fine; I’ll stay behind.” Jett said. “My job is done on the racing side of things, but until that last moto is done, my main thing is dirt bikes. The fans come along with it. The fans are part of the job, but main job at hand is the racing side of things. After the race, I’ll stay there for an hour or so. It’s a lot calmer.”