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 »
8mo ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Caterham confirms 'restructuring'

Caterham has officially confirmed that a number of new appointments have...
8mo ago from Pitpass.com

Caterham confirm staff exits

Caterham have confirmed their new-look management structure following the...
8mo ago from SkySports.com

Caterham parts company with Rossi

Sutton Images Enlarge Alexander Rossi has confirmed he has parted...
8mo ago from espnF1.com

Caterham cuts jobs amid restructuring

Caterham has confirmed that a number of employees have been let go as...
8mo ago from Crash.net

Elsewhere On The Network

Popular On MotoGPToday.com

Marquez Leads Repsol Honda 1-2 in FP1 at Losail

Marc Marquez resumed normal service in the opening free practice session...
52m ago from TheCheckeredFlag...

Sam Lowes fastest after FP1 Moto2

Sam Lowes was quickest during the first practice session of the...
2h ago from MotoGP.com

Record breaking MotoGP Entry list in Qatar

The MotoGP entry list for 2015 maintains the high standard of recent...
4h ago from MotoGP.com

Moto3 Qatar - Free Practice (1) Results

Free practice (1) results from the Qatar Moto3 Grand Prix at Losail, round...
3h ago from Crash.net

Popular On IndyCarToday.com

IndyCar: Miles wants series to provide an F1...

Hulman and Company CEO Mark Miles believes that the high race-hosting...
1d ago from Racer.com

IndyCar: Ganassi reveals Karam car livery for St. Pete

Chip Ganassi Racing has revealeed the official livery for Sage Karam's...
1d ago from Racer.com

Indy Lights: Brabham finds Lights and Sparks in the...

Page 1 of 2 It’s great to see Matthew Brabham’s talents aren’t...
16h ago from Racer.com

Indy Lights: Brabham, Chilton, Harvey highlight St....

The new-look Indy Lights series presented by Cooper Tire will have at...
2d ago from Racer.com

Popular On TotalWRC.com

Tidemand inks Skoda deal

2013 Junior WRC champion Pontus Tidemand joins Skoda to compete in the...
3h ago from Crash.net

Loeb set for another World Rally Car outing

The nine-time World Champion will participate in the Epernay Vins de...
5h ago from WRC.com

RX: World Rallycross launches UK talent competition

The FIA World Rallycross championship has launched a nationwide talent...
1d ago from Crash.net

RX: Grint lands Albatec Euro role

Britain's James Grint has filled the second seat at Albatec Racing as it...
2d ago from Crash.net

Popular On GunnersToday.com

Gabriel Paulista already 'settled' at Arsenal but...

I am totally adapted here Gabriel Paulista The Brazilian - who received...
5h ago from Express.co.uk

Jebb back with Stevenage

The 19-year-old made five appearances for Boro earlier this campaign...
52m ago from Football365.com

Theo Walcott denies rumours of a 'bust-up' with...

Arsenal star Theo Walcott has rubbished reports that he has fallen out...
8h ago from SportsMole.co.uk

Lukas Podolski scores for Germany – Video

World champions Germany needed the help of Lukas Podolski and Andre...
7h ago from TalkSport.com

Comments

comments powered by Disqus

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.