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 »
2y 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...
2y ago from Pitpass.com

Caterham confirm staff exits

Caterham have confirmed their new-look management structure following the...
2y ago from SkySports.com

Caterham parts company with Rossi

Sutton Images Enlarge Alexander Rossi has confirmed he has parted...
2y ago from espnF1.com

Caterham cuts jobs amid restructuring

Caterham has confirmed that a number of employees have been let go as...
2y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Rossi admits Yamaha losing streak has him “worried”

Valentino Rossi admits that his Yamaha MotoGP squad’s current losing...
7h ago from Motorsport.com

MotoGP Aragon: ‘Jorge's wrong' - Crutchlow...

More handbags as Crutchlow wades into Rossi and Lorenzo drama
2d ago from BikeSportNews.com

Vinales: Aragon shows Suzuki needs to make “another...

Suzuki MotoGP rider Maverick Vinales says the result of Sunday’s Aragon...
9h ago from Motorsport.com

Rossi regrets late-race “mistake” in Lorenzo duel

Valentino Rossi admits his late-race mistake while attacking Yamaha...
1d ago from Motorsport.com

Popular On IndyCarToday.com

INDYCAR: Ganassi engineer tipped for Andretti

Andretti Autosport is expected to announce its acquisition of...
4h ago from Racer.com

MILLER: IndyCar's waiting room

While we wait to see where Tony Kanaan, Juan Montoya, Carlos Munoz and...
4h ago from Racer.com

“If Newgarden joins Penske and Ganassi switches to...

Since our August update regarding who goes where in 2017, some...
1d ago from Motorsport.com

ROTY Rossi to share good news about future

Alexander Rossi says he is looking forward to sharing 'some very good...
1d ago from Crash.net

Popular On TotalWRC.com

2017 cars promise aggressive sound

Advertising The promise of more noise from 2017’s upgraded power plants...
6h ago from WRC.com

Brenig kickstarts 2016 Wales Rally GB countdown

The countdown to the 2016 Wales Rally GB, the penultimate round of the...

Tänak looking forward to Tour de Corse with DMACK...

Ott Tänak is looking forward to the challenge of the 2016 Tour de Corse...

Hunt gets privateer Peugeot for Dakar 2017

British driver Harry Hunt will switch from an X-raid Mini to a...
10h ago from Motorsport.com

Popular On GunnersToday.com

Mesut Ozil's girlfriend Mandy Capristo breaks down in...

Footballer Mesut Ozil's girlfriend Mandy Capristo breaks down in floods...
4h ago from DailyMail.co.uk

Midfield star speaks out over failed transfer move: My...

GETTY NO GO: Draxler was denied a move this summer Despite been forced to...
3h ago from DailyStar.co.uk

I'd love to one day be able to work for Arsenal as a...

I'd love to one day be able to work for Arsenal as a fitness coach,'...
4h ago from DailyMail.co.uk

I am still laughing at Diego Costa

Goodly morning to you all from New York. I am 45 today and unfortunately...
9h ago from Arseblog.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.