The Caterham Group was formally announced on 27 November 2011 at the Brazilian F1 Grand Prix. Caterham Group, formerly known as Team Lotus Enterprise (TLE) is the holding company incorporated in the UK and owned by Tony Fernandes, Kamarudin Meranun and SM Nasarudin that provides the platform for the future expansion of the Caterham brand across a variety of industries.
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