News Details

Caterham confirm job losses

Caterham have confirmed that they have "parted company with a number of employees" in the wake of the buyout of the team. Tony Fernandes concluded the sale of the Caterham F1 team to a consortium in the build-up to the British Grand Prix. According to reports, that sale resulted in the loss of 40 jobs, a number Caterham have refused to confirm. "The team has confirmed that it has parted company with a number of employees," the team said in a statement. "This is a necessary step taken by the new owners of Caterham F1 Team whose priority is the future of the team. No further comment will be made at this time." At the same time Caterham announced that Christijan...
Full Story »
1y ago from 0

You May Also Be Interested In...

Caterham confirms 'restructuring'

Caterham has officially confirmed that a number of new appointments have...
1y ago from

Caterham confirm staff exits

Caterham have confirmed their new-look management structure following the...
1y ago from

Caterham parts company with Rossi

Sutton Images Enlarge Alexander Rossi has confirmed he has parted...
1y ago from

Caterham cuts jobs amid restructuring

Caterham has confirmed that a number of employees have been let go as...
1y ago from

Elsewhere On The Network

Popular On

Pedrosa desperate for positive result

Dani Pedrosa says he is confident of achieving another podium finish at...
3h ago from

Marquez to race with broken finger

Marc Marquez has refused to let a broken finger stop him from competing...
4h ago from

Rossi: I will have to give my all

The seven days since Aragon saw the MotoGP top three of Valentino Rossi,...
14h ago from

Marquez admits he “won’t be at 100 percent” in...

Marc Marquez has admitted he will not be at full fitness for this...
6h ago from

Popular On

INDYCAR: Indy Lights champ Pigot looking through...

Championships have endowed Spencer Pigot’s steady progression through...
4h ago from

INDYCAR: Honda busy testing aero kit components

Honda has yet to confirm its return to IndyCar in 2016, but that hasn't...
1w ago from

INDYCAR: Miles confident about Boston

Mark Miles, the president and CEO of Hulman & Company who also runs...
4d ago from

INDYCAR: Boston GP hits back at critics

Organizers of the new IndyCar street race in Boston have hit back at...
4d ago from

Popular On

Drivers back FIA safety campaign

Crews join FIA president Jean Todt to target fans
9h ago from

What Corsica victory means to Latvala

Significance behind island success
1d ago from

Home win for Maurin in WRC 2

Frenchman takes support category victory in Corsica
2d ago from

Evans' podium lift in Corsica

The Welshman and his co-driver Daniel Barritt were the surprise package...
1d ago from

Popular On

Arsenal snap up Jordi Osei-Tutu

Young defender Jordi Osei-Tutu has signed his first professional contract...
4h ago from

Why Arsenal have got it wrong with Sanchez contract

It’s not often you hear of a Premier League footballer being offered a...

Arsenal's unpredictability is why they won't win the...

It’s been a turbulent week for Arsenal, and it defines their turbulent...

9 tactical trends from the weekends football that you...

Morata's man of the match display, Ronaldo's wretched finishing...
2h ago from


comments powered by Disqus

Hottest News

Top Ten Tuesday – 10 Retired Drivers Who Couldn't...

This week's Top Ten Tuesday looks at ten drivers... Read More »
3h ago from

Honda unlikely to change power unit layout in 2016

Honda is likely to stick with its current power... Read More »
9h ago from

Horner reveals Red Bull engine deal ‘not Wolff’s...

Christian Horner has revealed that talks with two... Read More »
15h ago from

Recent News

2014 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.