News Details
Caterham axes 40 employees in team restructure
Caterham has laid off more than 40 members of staff in a bid to reduce costs and increase efficiency as it looks to regain some ground in the 2014 championship. The Leafield team was recently bought out by unnamed Swiss and Middle Eastern investors after previous owner Tony Fernandes cut its funding, putting it at risk of collapsing. The team already has one of the smallest work forces along with Marussia, but it believes it can be more streamlined in the way it works and says it's "a necessary step taken by the new owners whose priority is the future of the team." In the restructure, team manager Graham Watson, head of track operations Gerry Hughes and deputy technical director...
Full Story »
Full Story »
11y ago from TheF1Times.com
0
You May Also Be Interested In...
Caterham sheds staff amid restructure
The Caterham F1 team has undergone a shake-up with Christijan Albers...
11y ago from SpeedCafe.com
New Caterham owners restructure team
Getty Images Enlarge The Caterham F1 team has undergone the first steps...
11y ago from espnF1.com
New Caterham chiefs to axe ugly 2014 nose
The distinctive nose at the front of Caterham's 2014 car could be the...
11y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Why Toprak Razgatlioglu isn’t satisfied with his...
No description available...
58m ago from Motorsport.com
Francesco Bagnaia just trying to "survive"...
No description available...
18h ago from Motorsport.com
Jorge Martin reveals how Marco Bezzecchi pushed him...
Jorge Martin admits that Aprilia team-mate Marco Bezzecchi is pushing him...
20h ago from MotorsportWeek.c...
Francesco Bagnaia: MotoGP should hold a test before...
Francesco Bagnaia has called on MotoGP to hold a test before racing at a...
22h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Winners and losers from IndyCar at Barber Motorsports...
No description available...
17h ago from Motorsport.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
2d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
1d ago from Motorsport.com
Christian Lundgaard left frustrated by costly pit stop...
Christian Lundgaard finished second in Sunday’s IndyCar race from...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
2d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
6d ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
5d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Sources: 'He's keen…' – Arsenal star open...
My colleague Simon Phillips recently covered an interesting story...
58m ago from CaughtOffside.com
Ups and downs for Arsenal's international contingent
Morning all. Viktor Gyokeres is going to the World Cup. The Arsenal man...
3h ago from Arseblog.com
“I really like Arsenal”: 11-G/A star issues...
Brazilian attacker Luiz Henrique has been linked with a move to Arsenal in...
12h ago from CaughtOffside.com
Liverpool in contact with reps of 40-G/A star as...
Real Madrid playmaker Arda Guler continues to be linked with a move away...
19h ago from CaughtOffside.com
Comments
Hottest News
Williams sack James Vowles, sign Christian Horner and...
As many expected, James Vowles has been given his... Read More »
3h ago from GrandPrix247.com
FIA to ditch 2026 Power Units for V10 engines in 2027,...
The 2026 power units are too expensive, too... Read More »
2h ago from GrandPrix247.com
F1: Wolff conflicted by Horner return
Toto Wolff admits to having mixed feelings over... Read More »
58m ago from Pitpass.com
