Menu
Finance

Renault Acquires Caterham Group's Stake In Sport Car Joint Venture

Renault has increased its stake in Société des Automobiles Alpine Caterham to 100%, following the acquisition of the interest held by Caterham Group. Renault will now continue to develop its own Alpine sports car to be launched in '16, as initially planned. Caterham Group also plans to continue with its own sports car. This acquisition ends the partnership signed in Nov. '12 by Renault and Caterham Group to develop and manufacture sports cars through a joint venture, Société des Automobiles Alpine Caterham, owned 50/50 by the two partners. Other forms of cooperation could still be envisaged between Renault and Caterham Group in line with each company’s strategic policy directions. As a result, Société des Automobiles Alpine Caterham will change its name to Société des Automobiles Alpine. The change will be made as part of a general meeting to be held in June (Caterham Group).

SBJ Morning Buzzcast: March 18, 2024

Sports Business Awards nominees unveiled; NWSL's historic opening weekend and takeaways from CFP deal

ESPN’s Jay Bilas, BTN’s Meghan McKeown, and a deep dive into AppleTV+’s The Dynasty

On this week’s Sports Media Podcast from the New York Post and Sports Business Journal, ESPN’s Jay Bilas talks all things NCAA. Big Ten Network’s Meghan McKeown shares her insight into the Caitlin Clark craze. The Boston Globe’s Chad Finn chats all things Bean Town. And SBJ’s Xavier Hunter drops in to share his findings on how the NWSL is making a social media push.

Learn more about your ad choices. Visit megaphone.fm/adchoices

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2014/06/11/Finance/Caterham-Renault.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2014/06/11/Finance/Caterham-Renault.aspx

CLOSE