News Details

Kolles flags job losses amid Caterham mess

Jobs will be lost after Caterham's change of ownership, new team 'advisor' Colin Kolles has admitted. "I prefer to have 200 safe jobs than 300 lost jobs," the Romanian, who has appointed former Minardi driver Christijan Albers to front the team now owned by mystery Swiss-Middle Eastern owners, told Reuters. "Sometimes you have to make unpopular decisions," he insisted. We reported this week that, during the Silverstone weekend, the logos of 2014 sponsor General Electric were removed from the green livery. And on race day, the backing by Airbus - a deal clearly brokered by the now-departed aviation entrepreneur Tony Fernandes - was also blacked out. But Kolles denied that...
Full Story »
11y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Caterham F1 confirms change of ownership

Caterham F1 Team is under new ownership after Tony Fernandes sold his...
11y ago from Crash.net

New era for Caterham shrouded in uncertainty

Caterham pit garage at Silverstone Japanese Formula 1 driver Kamui...
11y ago from GrandPrix247.com

Colin Kolles denies Caterham owner speculation

Colin Kolles denies Caterham owner speculationPosted On 07 Jul 2014By :...
11y ago from ThisIsF1.com

Kolles: Caterham would have collapsed before...

xt">Colin Kolles Caterham would not be at Silverstone if not for...
11y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Ryan Hunter-Reay joins Arrow McLaren for 2026 Indy 500

Arrow McLaren has announced that veteran Ryan Hunter-Reay will join the...

RLL locks in Louis Foster with extended IndyCar...

Rahal Letterman Lanigan Racing has announced an extension to its contract...

AJ Foyt Racing expands veteran support program to full...

AJ Foyt Racing has announced that its successful Homes For Our Troops...

Popular On TotalWRC.com

Oliver Solberg lands factory Toyota Rally1 drive

We called it after Oliver Solberg clinched his WRC2 title in Chile....

Popular On GunnersToday.com

Fabrizio Romano reveals Arsenal staff have received...

Arsenal staff are reportedly not overly concerned after being informed of...
4h ago from CaughtOffside.com

Sources: Chelsea increasingly keen on ambitious move...

Chelsea are reportedly increasingly keen on Nottingham Forest central...
5h ago from CaughtOffside.com

Manchester United star Matheus Cunha responds to fan...

Manchester United star Matheus Cunha has laughed off a request from an...
9h ago from SportsKeeda.com

Sources: Arsenal 'monitoring' underrated talent who's...

Arsenal are understood to be among the clubs keeping an eye on Jurrien...
9h 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.