News Details

Caterham cuts jobs amid restructuring

Caterham has confirmed that a number of employees have been let go as part of a restructuring of the team, while also revealing new appointments. The changes come following the takeover of the team from Tony Fernandes by Swiss and Middle Eastern investors advised by Colin Kolles. With the BBC reporting on Wednesday that over 40 staff had been cut, Caterham confirmed in a statement "that it has parted company with a number of employees." It added: "This is a necessary step taken by the new owners of Caterham F1 Team whose priority is the future of the team." Of the new appointments made at the team, Christijan Albers is now officially Team Principal, replacing Cyril...
Full Story »
8mo ago from Crash.net 0
Share

You May Also Be Interested In...

Ugly Caterham nose to go amid new updates

Caterham CT05 nose The distinctive and decidedly ugly anteater nose of the...
8mo ago from GrandPrix247.com

Rossi and Caterham part company

Alexander Rossi has announced he has left Caterham's F1 and GP2 teams...
8mo ago from Crash.net

Caterham's ugly nose to go amid development push

What has been voted the ugliest nose on the grid by our readers, could...
8mo ago from TheF1Times.com

Elsewhere On The Network

Popular On MotoGPToday.com

Dovizioso grabs shock pole position for Qatar season...

Andrea Dovizioso will start from a surprise MotoGP pole position for...
12h ago from Motorsport.com

Marquez not underestimating Dovi

Marc Marquez heads into the season-opening race in Qatar well aware that...
2h ago from SuperSport.com

We can compete - Divizioso

Andrea Dovizioso is confident that he has what it takes to turn his pole...
2h ago from SuperSport.com

MotoGP Qatar: Saturday qualifying times

All the times from today's MotoGP, Moto2 and Moto3 qualifying sessions in...
15h ago from BikeSportNews.com

Popular On IndyCarToday.com

Power poles Penske rout of IndyCar opener

Defending Verizon IndyCar Series Champion, Will Power has led all four...
9h ago from SpeedCafe.com

St Petersburg: Qualifying results

Power leads Penske 1-2-3-4 grid sweep at St Pete Qualifying times Round 1...
9h ago from Crash.net

IndyCar: Power edges closer to St. Pete lap record in...

Will Power whittled his fastest lap down to 61.3621 in Saturday...
13h ago from Racer.com

St Petersburg: Practice 1 results

Penske's Power paces St Pete first practice Practice 1 times 1. Will...
1d ago from Crash.net

Popular On TotalWRC.com

Loeb set for another World Rally Car outing

The nine-time World Champion will participate in the Epernay Vins de...
2d ago from WRC.com

Argentina supports flood victims

More than 30cm of rain, a third of the area’s annual rainfall, fell in...
1d ago from WRC.com

Tidemand inks Skoda deal

2013 Junior WRC champion Pontus Tidemand joins Skoda to compete in the...
2d ago from Crash.net

RX: World Rallycross launches UK talent competition

The FIA World Rallycross championship has launched a nationwide talent...
3d ago from Crash.net

Popular On GunnersToday.com

Barcelona star Neymar pays homage to Arsenal legend

Barcelona star Neymar paid homage to Arsenal legend Theirry Henry as the...
1h ago from AllArsenal.com

Roy Hodgson reveals key role in Danny Welbeck's...

GETTY Roy Hodgson says he advised Arsene Wenger on Danny Welbeck...
8h ago from Express.co.uk

Report: Arsenal close in on Federico Valverde

Uruguayan youngster Federico Valverde is nearing a £2.5m move to...
16h ago from SportsMole.co.uk

Arsenal Target Martin Montoya Ready To Quit Barcelona

It has been reported that Martin Montoya is ready to leave Barcelona this...
6h ago from Nastytackle.com

Comments

comments powered by Disqus

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.