News Details

Kolles flags job losses amid Caterham mess

Jobs will be lost after Caterham's change of ownership, new team 'advisor' Colin Kolles has admitted. "I prefer to have 200 safe jobs than 300 lost jobs," the Romanian, who has appointed former Minardi driver Christijan Albers to front the team now owned by mystery Swiss-Middle Eastern owners, told Reuters. "Sometimes you have to make unpopular decisions," he insisted. We reported this week that, during the Silverstone weekend, the logos of 2014 sponsor General Electric were removed from the green livery. And on race day, the backing by Airbus - a deal clearly brokered by the now-departed aviation entrepreneur Tony Fernandes - was also blacked out. But Kolles denied that...
Full Story »
1y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Caterham F1 confirms change of ownership

Caterham F1 Team is under new ownership after Tony Fernandes sold his...
1y ago from Crash.net

New era for Caterham shrouded in uncertainty

Caterham pit garage at Silverstone Japanese Formula 1 driver Kamui...
1y ago from GrandPrix247.com

Colin Kolles denies Caterham owner speculation

Colin Kolles denies Caterham owner speculationPosted On 07 Jul 2014By :...
1y ago from ThisIsF1.com

Kolles: Caterham would have collapsed before...

xt">Colin Kolles Caterham would not be at Silverstone if not for...
1y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Pedrosa to join Rossi at Yamaha, Viñales to remain at...

Dani Pedrosa may be set to make an incredible shift from Honda to Yamaha,...

Pedrosa still Honda's number one choice for 2017

He may be in his 11th season as a works HRC rider, but Dani Pedrosa is...
23h ago from Motorsport.com

Analysis: How Honda got the upper hand over Marquez

In negotiations between Honda and Marc Marquez, it was the latter who...
1d ago from Motorsport.com

Rossi: Le Mans usually suits Yamaha

– Yamaha rider Valentino Rossi is hopeful of claiming back-to-back...
18h ago from GPUpdate.net

Popular On IndyCarToday.com

INDYCAR: Dome skids still divisive after Texas test

Opinions of IndyCar's dome skids remain divided after the safety feature...
1d ago from Racer.com

Jack Brabham named in Indianapolis honour list

The late Sir Jack Brabham has been honoured on a list naming the 100 most...
17h ago from SpeedCafe.com

IndyCar should use spec aerokit to improve racing,...

Team Penske’s Will Power says that if the Verizon IndyCar Series does...
15h ago from Motorsport.com

INDYCAR: Pagenaud thriving on Penske dynamic

IndyCar points leader Simon Pagenaud believes that being better settled...
10h ago from Racer.com

Popular On TotalWRC.com

New look for Corsica encounter

Tour de Corse organisers ring changes for 2016
20h ago from WRC.com

Bumper entry for Portugal's WRC clash

80 entries includes three year record for World Rally Cars
16h ago from WRC.com

Toivonen tribute in Finland

Show runs for Finn's winning Lancia Delta S4
1d ago from WRC.com

TVS hints full-scale Dakar entry in future

Indian two-wheeler manufacturer TVS is considering competing in the Dakar...
2d ago from Motorsport.com

Popular On GunnersToday.com

One summer signing per Premier League team… Who...

One summer signing per Premier League team… Who would suit your...

Arsenal's star striker demands Man City switch

Arsenal could yet lose another star player to our rival as we face an...
4h ago from ArsenalFever.com

REVEALED : Arsenal Shopping For Three Young Defenders...

Reports are out claiming that Arsenal are shopping for three young...
5h ago from Nastytackle.com

Picture Special: The 10 biggest stars who could move...

TARSPORT take you through the 10 biggest stars who have been linked with a...
4h ago from DailyStar.co.uk

Comments

Hottest News

Recent News

2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.