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Caterham owner Tony Fernandes triggered speculation about the future of his tail-end Formula One outfit on Friday after declaring "F1 hasn't worked" on Twitter before closing his account. The team have not scored a point in various guises since entering the sport in 2010 and the Malaysian said in January that he could quit if they did not show signs of improvement. If anything they have gone backwards since, rooted to the bottom of the standings while rivals Marussia, who also entered in 2010 as Virgin Racing, scored their first ever points in Monaco in May. There have been plenty of rumours about Fernandes' Formula One intentions with Caterham issuing a statement in May to deny the group of companies that includes the team was for sale. While Fernandes seems to have remained keen on the niche sportscar company, there has been increasing speculation about the team being hived off. Indian racing driver Karun Chandhok, a reserve for Caterham in 2012 when they were known as Team Lotus, could see reasons for that. "You can understand why he's sort of fallen out of love with F1 because they haven't scored a point in five years," he told Sky Sports television. A LOT OF MONEY "Tony's spent an awful lot of money along with his business partner Kamarudin (Meranun). (His) chief rivals have scored two world championship points and it's highly unlikely you are going to beat them. So at the end of the year it could mean he has to spend another $30 million," said Chandhok. I could think of a fairly big reason to stop loving Formula One." Fernandes has not been seen at races for some time and the AirAsia airline entrepreneur's sporting attentions have been more focused on his newly-promoted Premier League soccer club Queens Park Rangers. The Malaysian has also been critical of F1's failure to introduce the sweeping cost-cutting measures that smaller teams have called for. In January, after announcing Japan's Kamui Kobayashi and Sweden's Marcus Ericsson as his drivers, he said F1 was too predictable, too expensive and not exciting enough with insufficient chances for underdogs to surprise. "At the moment they are just rumours," said Chandhok of the situation. "We've heard lots of rumours through the paddock. He's got a football team that's back in the Premiership, a motorbike team that is doing exceedingly well in Moto2...and it costs him a tenth of what it costs to run a Formula One team. Is it (F1) giving him the return he wants? Probably not," added Chandhok.

Scorecard | Mon 28 Jul


Current

England vs India Test

The Rose Bowl, Southampton ,7/27/2014, 15:30 (IST)


recent

England vs India Test

Lord's, London ,7/17/2014, 15:30 (IST)

India beat England by 95 runs

Zimbabwe vs Afghanistan ODI

Queens Sports Club, Bulawayo ,7/22/2014, 12:30 (IST)

Afghanistan beat Zimbabwe by 2 wickets

Sri Lanka vs South Africa Test

Sinhalese Sports Club, Colombo ,7/24/2014, 10:00 (IST)

Sri Lanka drew with South Africa

Jwala upset with lewd comments from fans

from IANS

Jwala upset with lewd comments from fans

Krrish Delhi Smashers icon player Jwala Gutta appeared visibly livid after she was peppered with some lewd comments from the fans during her tie against Banga Beats in the Indian Badminton league at the Sree Kanteerava Indoor Stadium here late Sunday night.


Fifth Test ends in exciting draw

from PTI

Fifth Test ends in exciting draw

England had to settled for a 3-0 victory in the Ashes series against Australia after the fifth and final Test ended in a thrilling draw at The Oval here.

Sushil Kumar was offered bribe?

from IBNLive

Sushil Kumar was offered bribe?

Double Olympic medallist Sushil Kumar was offered cash to lose the 2010 world championship final.

Hotshots beat Masters, top IBL table

from IANS

Hotshots beat Masters, top IBL table

The Hyderabad Hotshots defeated the Mumbai Masters 3-2 in the Indian Badminton League (IBL) tie to top the points table at the Shree Shiv Chhatrapati Sports Complex.

Manchester United may sign Juan Mata

from IBNLive

Manchester United may sign Juan Mata

Manchester United have reportedly enquired about the availability of Chelsea's Juan Mata.

Warriors beat Smashers, win first IBL tie

from IANS

Warriors beat Smashers, win first IBL tie

Awadhe Warriors won their first tie of the Indian Badminton League (IBL) in style by drubbing Krrish Delhi Smashers 4-1 at the Shree Shiv Chhatrapati Sports Complex.

Stadler finishes long day at Barclays

from Associated Press

Stadler finishes long day at Barclays

Kevin Stadler teed off just after breakfast and finished right before dinner. It took him nearly 11 hours to complete a 7-under 64 at Liberty National, his lowest score on the PGA Tour since the first week of February.