News Details
Caterham F1 team makes staff redundant
The Caterham Formula One team have made 230 staff redundant while still planning to race in next weekend's Abu Dhabi season-ender, an administrator said on Sunday. Finbarr O'Connell told Reuters that the team, who went into administration last month, would take 40 people to the Yas Marina circuit with their expenses paid with money raised through a crowd-funding initiative. Caterham raised £1.92 million of a targeted £2.35 million by last Friday, with the deadline reset to midnight on Sunday, November 23, but still face an uncertain future. O'Connell said the redundancies had come at the request of a majority of the staff who had wanted to start a formal claims process that takes at...
Full Story »
Full Story »
11y ago from SuperSport.com
0
You May Also Be Interested In...
F1 Caterham staff made redundant
F1 Caterham staff made redundantPosted On 16 Nov 2014By :...
11y ago from ThisIsF1.com
Caterham staff made redundant
Caterham saga continues
On the very day Caterham announced it will return...
11y ago from GrandPrix247.com
Caterham set for Abu Dhabi return
LONDON, Nov 14, 2014 (AFP) - The struggling Caterham team are set to...
11y ago from F1Plus.com
Majority of Caterham staff made redundant
The Caterham F1 Team might be enjoying good news at the moment following...
11y ago from TheF1Times.com
Elsewhere On The Network
Popular On MGPToday.com
Why Alex Marquez has been struggling in MotoGP this...
No description available...
13h ago from Motorsport.com
Construction moving forward at Buenos Aires for...
No description available...
1d ago from Motorsport.com
Massimo Rivola: Aprilia has become the ‘benchmark’...
Massimo Rivola has admitted that Aprilia has become the current reference...
1d ago from MotorsportWeek.c...
Ducati playing “catch-up” to Aprilia but insists...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
1w ago from Motorsport.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
5d ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
6d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
5d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
1w ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Two key stars out for Arsenal, as Arteta confirms...
Arsenal will be up against Sporting CP in the UEFA Champions League...
3h ago from CaughtOffside.com
‘Use that fuel’: Mikel Arteta and David Raya urge...
t;li>Team will not panic in wake of City and Southampton defeatsRaya...
2h ago from TheGuardian.com
Arsenal latest: 'We feel pain of back-to-back defeats...
No description available...
2h ago from SkySports.com
Arsenal's injury crisis gives Arteta selection...
Two games, two defeats, two trophies slip out of Arsenal's grasp. If they...
3h ago from SkySports.com
Comments
Hottest News
'I'm the guy': Hollywood A-lister tells Mercedes he can...
If you're a Mercedes F1 reserve driver then look... Read More »
1h ago from GPFans.com
Legendary Ayrton Senna car to go under the hammer for eye...
A Toleman from the maiden F1 season of legendary... Read More »
3h ago from MotorsportWeek.com
Daniel Ricciardo left questioning 'harsh' treatment after...
Daniel Ricciardo's outlook on life after F1 has... Read More »
2h ago from GPFans.com
