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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.

Australia coach Darren Lehmann expects players to sledge during South Africa ODIs

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Australia coach Darren Lehmann expects players to sledge during South Africa ODIs

Johannesburg: Australia coach Darren Lehmann haspredicted that sledging is likely to be part of themix when the Aussies confront South Africa in a five-match one-dayinternational series.Skipper Steve ...


India vs New Zealand: Sachin Tendulkar sees Virat Kohli & co dominating world cricket

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India vs New Zealand: Sachin Tendulkar sees Virat Kohli & co dominating world cricket

Kanpur: Legendary Sachin Tendulkar on Thursdaylavished praise on the current team led by Virat Kohli as he feels that the core will remain same for the next decade expecting India to dominate world cr...

India vs New Zealand: Virat Kohli says he's not averse to using Spidercam, but it shouldn't interrupt play

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India vs New Zealand: Virat Kohli says he's not averse to using Spidercam, but it shouldn't interrupt play

Kanpur: India's Test captain Virat Kohli says he is not averse to the idea of using Spidercam in Tests as long as it doesn't interrupt the field of play or affect the proceedings of the match.Spiderca...

Badminton: Kidambi Srikanth, Ajay Jayaram, H S Prannoy progress to second round of Japan Super Series

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Badminton: Kidambi Srikanth, Ajay Jayaram, H S Prannoy progress to second round of Japan Super Series

Tokyo: It turned out to be a mixed day for Indian shuttlers at the Japan Super Series with Ajay Jayaram, H S Prannoy and K Srikanth fighting their way to the second round of the men's singles competit...

India vs New Zealand 2016: Virat Kohli wants hosts to improve their batting against spin

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India vs New Zealand 2016: Virat Kohli wants hosts to improve their batting against spin

Kanpur:Captain Virat Kohli said he is not overlyworried about the Indian Test team's recent struggles againstspinners, but added thatthey are working on this aspect, sincea side that aspires to be cha...

BCCI appoints former wicket-keeper MSK Prasad as India's chief selector

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BCCI appoints former wicket-keeper MSK Prasad as India's chief selector

Mumbai: In defiance of the Supreme Court-appointed Lodha committee recommendations, the BCCI on Wednesdaynamed a five-member selection committee headed by former wicketkeeper-batsman MSK Prasad and co...

Pakistan awarded with ICC Test Championship mace for the first time

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Pakistan awarded with ICC Test Championship mace for the first time

Lahore: Pakistan captain Misbah-ul-Haq on Wednesdayreceived the ICC Test Championship mace for leading the side to the top of the ICC Test Team Rankings for the first time since the current rankings s...