The Caterham Formula 1 team faces legal action from a group of former employees following the recent buyout by Swiss and Middle Eastern investors. In a bid to reduce costs and to become more efficient, the new owners led by Colin Kolles and Christijan Albers, axed 40 members of staff. These included senior figures such as team manager Graham Watson, head of track operations Gerry Hughes and deputy technical director Jody Eggington. A statement released by the group suing the team have not only taken legal action, but have asked the FIA to look into the matter. "The summary dismissal of employees from Caterham was done without warning or consultation and will result in significant...
Full Story »