The new owners of the struggling Caterham Formula One team have cut more than 40 staff from the payroll while American reserve driver Alexander Rossi announced on Wednesday he had also left. Rossi, who terminated his agreement with British-based Caterham F1 and the GP2 team, took part in Friday first practice at the US Grand Prix in Austin, Texas, last year and had been due to do so again at the end of October. "I will no longer be racing for Caterham as of today. It's been an emotional couple of years with the team, the highlight being driving with them in Austin last year," he said on his Facebook page. "Now it's time to move on. My goal is to be in F1 and add value to...
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