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 »
1y 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...
1y ago from GrandPrix247.com

Rossi and Caterham part company

Alexander Rossi has announced he has left Caterham's F1 and GP2 teams...
1y 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...
1y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

Mugello Expert Opinion: Casey Stoner

Without doubt Andrea Iannone and the Desmosedici GP had the pace to run...

Analysis: How Mugello proved to Vinales Yamaha was the...

Yamaha-bound rider Maverick Vinales is certain he's made the right choice...
2d ago from Motorsport.com

Analysis: Why struggling Honda had to redesign its...

While Honda admits the deficiencies of its new MotoGP engine, the Japanese...
4d ago from Motorsport.com

Yamaha suspects overrevving to blame for engine...

Yamaha overrevved its engines at Mugello, or at least that's the theory...
5d ago from Motorsport.com

Popular On IndyCarToday.com

Rookie Alexander Rossi wins 100th running of Indy 500

Alexander Rossi has won the 100th running of the Indianapolis 500 for...
11h ago from Motorsport.com

Munoz emotional after tough loss: "I don't want...

Carlos Munoz was in tears after the Indianapolis 500, robbed of the win...
9h ago from Motorsport.com

Rossi delivers shocking upset in Indy 500

– With five laps to go, all eyes were on the fuel data for the...
9h ago from GPUpdate.net

Follow the Indianapolis 500 live!

No description available...
14h ago from GPUpdate.net

Popular On TotalWRC.com

Semi-finals for Volkswagen RX Sweden at Lydden Hill

Johan Kristoffersson and Anton Marklund once again proved the pace of the...
9h ago from Motorsport.com

Lydden WRX: Ekstrom snatches win from Solberg in finals

Championship leader Mattias Ekstrom made it three victories from the first...
14h ago from Motorsport.com

Lydden WRX: Solberg leads Day 1 as Loeb hits trouble

Reigning World Rallycross Champion Petter Solberg leads the way after the...
1d ago from Motorsport.com

Lydden World RX: Solberg maintains lead before finals

Continuing on from his opening day form at the British round of the World...
17h ago from Motorsport.com

Popular On GunnersToday.com

Five better options for Arsenal than this £38m-rated...

Five better options for Arsenal than this £38m-rated star BEGIN GALLERY...

Granit Xhaka picks all-time Euro XI... which Arsenal...

TARSPORT take you through Arsenal new boy Granit Xhaka's all-time Euro XI.
2h ago from DailyStar.co.uk

Arsenal are leading Man United in race to sign Karim...

RSENAL are the bookies' favourites to land Karim Benzema this summer.
2h ago from DailyStar.co.uk

Arda Turan picks Manchester United and Arsenal legends...

TARSPORT take you through Barcelona star Arda Turan's dream Euro XI.
2h ago from DailyStar.co.uk

Comments

Hottest News

EXPLAINED: The pit-lane error that cost Red Bull victory

Monaco GP: Red Bull Racing presented the victory... Read More »
15h ago from F1Hub.net

Red Bull explains Ricciardo pitstop blunder

Red Bull Racing team principal Christian Horner... Read More »
1h ago from SpeedCafe.com

Hamilton: Thank you Nico for being a gentleman

Monaco Grand Prix winner Lewis Hamilton thanked... Read More »
3h ago from GrandPrix247.com

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.