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 »
9y 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...
9y 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...
9y ago from RichlandF1.com

Caterham axes more than 40 staff

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

Caterham sheds staff amid restructure

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

Elsewhere On The Network

Popular On MGPToday.com

Acosta: 2024 MotoGP title ‘not the priority' in...

MotoGP rookie Pedro Acosta has outlined that fighting for the 2024 title...
11h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

IndyCar's new Aeroscreen makes early debut at Long...

The NTT IndyCar Series will have teams fit a new version of the Aeroscreen...

Popular On TotalWRC.com

Popular On GunnersToday.com

‘Small margins’: Arteta says Arsenal have plenty...

t;li>Manager says team ‘gutted’ after quarter-final exit in...
1h ago from TheGuardian.com

Martin Keown accuses Bukayo Saka and Arsenal of...

Former Arsenal player Martin Keown has criticised Bukayo Saka and his...
1h ago from CaughtOffside.com

Arsenal to revive interest in Premier League...

Arsenal are reportedly considering a renewed effort to sign Aston Villa's...
32m ago from SportsMole.co.uk

Mikel Arteta reveals Arsenal's players are gutted...

Arsenal boss Mikel Arteta revealed his players are gutted following their...
2h ago from CaughtOffside.com

Comments

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.