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 »
3y 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...
3y ago from GrandPrix247.com

Rossi and Caterham part company

Alexander Rossi has announced he has left Caterham's F1 and GP2 teams...
3y 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...
3y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

Valencia MotoGP test: Yamaha have a lot of work do,...

Rossi believes Yamaha have got to come up with something new to fix their...
4d ago from BikeSportNews.com

Redding ‘expected easier switch’ to Aprilia at...

Redding spent two days getting used to Aprilia's MotoGP RS-GP but admits...
3d ago from BikeSportNews.com

Valencia MotoGP test: 2018 RC213V ‘special'...

Crutchlow, Marquez and Pedrosa got a brand new RC213V for the Valencia...
5d ago from BikeSportNews.com

Valencia MotoGP test: Yamaha use seven M1s to choose...

Yamaha had seven YZR-M1s in their works garage on day one of MotoGP...
5d ago from BikeSportNews.com

Popular On IndyCarToday.com

Patrick to close career with Daytona, Indy in 2018

Danica Patrick broke down in tears as she confirmed 2017 was her last...
2d ago from Racer.com

Ganassi confirms Daytona, Indy talks with Patrick

Michael Andretti, Bobby Rahal and Roger Penske aren't interested in...
2d ago from Racer.com

Rahal confident Patrick can star again at Indy

Danica Patrick's first IndyCar team owner is confident the NASCAR star...
2d ago from Racer.com

Shank exploring Schmidt IndyCar pairing, Acura...

Michael Shank Racing could announce a dual Honda/Acura program next month...
2d ago from Racer.com

Popular On TotalWRC.com

Double top for Tänak!

Double top for Tänak! Ott Tänak rounded off his most successful WRC...
2h ago from WRC.com

Thierry Neuville signs off WRC season with Rally...

Thierry Neuville signed off the World Rally Championship 2017 season with...

Sunday in Australia: Neuville secures fourth win

Sunday in Australia:Neuville secures fourth win Thierry Neuville clinched...
1d ago from WRC.com

BREAKING NEWS: Neuville wins in Australia

Belgian secures second in championship
1d ago from WRC.com

Popular On GunnersToday.com

Dermot Gallagher: 'No problem with Arsenal opener'

Former Premier League referee Dermot Gallagher has claimed that the...
3h ago from SportsMole.co.uk

Crystal Palace v Arsenal - Tickets

Crystal Palace v Arsenal To be played at Selhurst Park Premier League...
4h ago from Arsenal.com

Reports: Barcelona ready stunning swap deal for...

What's the story? Arsenal superstar Mesut Ozil is all set to make a...
8h ago from SportsKeeda.com

Lucas scores in Deportivo defeat

Lucas was amongst four on-loan Gunners in action over the weekend for...
3h ago from Arsenal.com

Comments

Hottest News

A strange Formula 1 barn find

We're not sure what the story is behind these... Read More »
2h ago from F1i.com

WATCH: Alonso rates 2018 rivals

Fernando Alonso has made a bold prediction of how... Read More »
2h ago from SkySports.com

Hamilton leaves Verstappen ‘perplexed’

Max Verstappen says Lewis Hamilton's off-track... Read More »
7h ago from ThisIsF1.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.