News Details

Caterham confirm staff exits

Caterham have confirmed their new-look management structure following the struggling team's recent takeover along with the departure of a 'number of employees'.Since the ownership of the Leafield team changed hands on the eve of the British GP from Malaysian businessman Tony Fernandes to a consortium of Swiss and Middle Eastern investors the new team at the helm, which are being advised by former F1 Team Principal Colin Kolles, have started to look at ways of cutting costs and improving the team's on-track performance.Following reports in recent days that around 40 members of staff had subsequently been released, Caterham confirmed in a statement that an unspecified number of employees had...
Full Story »
9mo ago from SkySports.com 0
Share

You May Also Be Interested In...

Caterham dismisses at least 50 F1 staff

Caterham factory At least 50 Caterham staff have been dismissed and...
9mo ago from GrandPrix247.com

Caterham axe more than 40 staff in cost cutting measure

The Caterham F1 Team’s new Swiss-Middle Eastern owners have let go more...
9mo ago from RichlandF1.com

Caterham axes more than 40 staff

Getty Images Enlarge The Caterham F1 team has laid off more than 40...
9mo ago from espnF1.com

Caterham sheds staff amid restructure

The Caterham F1 team has undergone a shake-up with Christijan Albers...
9mo ago from SpeedCafe.com

Elsewhere On The Network

Popular On MotoGPToday.com

Finding speed key for Lorenzo

After finishing fifth in the opening three races of the season Jorge...

Marquez in doubt for Jerez after finger surgery?

Reigning double MotoGP champion Marc Marquez has undergone surgery after...
19h ago from Crash.net

Redding looks for setup solutions in Spain

Scott Redding took a step back in Argentina with the Marc VDS rider...
12h ago from MotorcycleNews.c...

Marquez breaks finger in training crash

REPSOL Honda rider Marc Marquez fractured his little finger of...
1d ago from VisorDown.com

Popular On IndyCarToday.com

Mick Schumacher wins third-ever car race in German F4

Mick Schumacher, the 16-year-old son of seven-time Formula 1 World...
6h ago from Motorsport.com

Vaxiviere beats de Vries after dramatic last lap clash

Matthieu Vaxiviere won the second Formula Renault 3.5 race at Aragon after...
7h ago from Motorsport.com

Castroneves outruns the rain to win Alabama pole

– Hélio Castroneves put in a quick lap early in the third...
22h ago from GPUpdate.net

Alabama: Qualifying results

Castroneves on pole as qualifying beats the storms Qualifying times Round...
22h ago from Crash.net

Popular On TotalWRC.com

Hyundai Motorsport fights to fifth and scores Power...

Hyundai Motorsport has salvaged a top-five finish from an extremely tough...
2h ago from Motorsport.com

Emotional Meeke wins in Argentina

The Northern Irishman headed Citroën team-mate Mads Østberg by 18.1sec...
2h ago from WRC.com

Kris Meeke dedicates maiden WRC win to Colin McRae

Citroen’s Kris Meeke finally claimed his maiden WRC victory in...
4h ago from Motorsport.com

Rally Argentina WRC: Result

Result for the fourth round of the 2015 FIA World Rally Championship...
4h ago from Crash.net

Popular On GunnersToday.com

Arsenal vs Chelsea – Player Ratings

It was a case of attack vs defence, as Chelsea sat back to control...
2h ago from SportsKeeda.com

Arsenal vs Chelsea: player ratings

ARSENAL David Ospina - Extremely fortunate both to remain on the pitch...
1h ago from Telegraph.co.uk

Thierry Henry hits out at Olivier Giroud and Mesut...

Thierry Henry has launched a scathing attack on the quality of the...
2h ago from Telegraph.co.uk

Cesc Fabregas: I DIDN'T dive against Arsenal

ADAMANT: Fabregas insists he didn't dive against Arsenal [GETTY]...
2h ago from DailyStar.co.uk

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.