A report in Malaysia suggests that Tony Fernandes has put the British-based Caterham Group of motorsport, automotive and engineering companies up for sale.
Malaysian business journal The Edge, citing an unidentified source, reported on Sunday that group chairman Fernandes is looking for $589m (about £350m) for the whole business.
In addition to Caterham Cars and the Formula 1 team, the group includes engineering specialist Caterham Technology and Innovation (CTI ) and Caterham Composites.
The Edge’s report also said that a memorandum detailing the intention to sell has been circulated in the Middle East.
Back in 2011, Fernandes appeared to have secured the long-term future of Caterham Cars when he acquired the company from venture capitalist group Corven.
His ambitions to expand the size and scope of Caterham Cars experienced a setback earlier this year when it was confirmed that its sportscar collaboration with Renault had been annulled.