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 »
10y 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 :...
10y ago from ThisIsF1.com
Caterham staff made redundant
Caterham saga continues
On the very day Caterham announced it will return...
10y ago from GrandPrix247.com
Caterham set for Abu Dhabi return
LONDON, Nov 14, 2014 (AFP) - The struggling Caterham team are set to...
10y ago from F1Plus.com
Majority of Caterham staff made redundant
The Caterham F1 Team might be enjoying good news at the moment following...
10y ago from TheF1Times.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez: ‘I've had stitches in my chin, but...
No description available...
7h ago from Motorsport.com
Fabio Quartararo tops chaotic second Assen MotoGP...
Fabio Quartararo topped the timesheets for Yamaha after an extended...
11h ago from MotorsportWeek.c...
Fabio Quartararo “needs a winning project now” as...
No description available...
8h ago from Motorsport.com
Marc Marquez tops first Assen MotoGP practice despite...
Marc Marquez topped the timesheets in the first Assen MotoGP practice...
15h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Where does Santino Ferrucci see his first IndyCar win...
No description available...
8h ago from Motorsport.com
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
1d ago from MotorsportWeek.c...
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
3d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak tames rough Acropolis Rally Greece
Ott Tanak and Martin Jarveoja ended a rough, puncture-riddled opening day...
7h ago from MotorsportWeek.c...
WRC Acropolis Rally: Ott Tanak heads Hyundai 1-2 as...
No description available...
8h ago from Motorsport.com
Extreme heat at the Acropolis Rally just pushed WRC...
No description available...
3h ago from Motorsport.com
WRC Acropolis Rally: Sebastien Ogier leads as puncture...
No description available...
15h ago from Motorsport.com
Popular On GunnersToday.com
'He’s more out than in' - Journalist claims Real...
Cadena SER journalist Antonio Romero has reported that Rodrygo is more out...
2h ago from SportsKeeda.com
Arsenal given ‘less than 2% chance’ of signing...
Arsenal’s hopes of landing one of their top striker targets this summer...
10h ago from CaughtOffside.com
Arsenal could rival Spurs for Eze signing
Crystal Palace's Eberechi Eze is one of a number of forwards Arsenal have...
10h ago from SkySports.com
Major twist gives Arsenal hope of signing ‘most...
Real Madrid have not ruled out the possibility of selling Rodrygo Goes...
11h ago from CaughtOffside.com
Comments
Hottest News
FIA announce Lewis Hamilton punishment verdict at Austrian...
The FIA have announced the punishment verdict for... Read More »
8h ago from GPFans.com
F1: Austrian Grand Prix: Friday Free 2 - Times
Times from today's second free practice session... Read More »
9h ago from Pitpass.com
Former Ferrari boss in shock McLaren move
Iconic former Ferrari boss Luca di Montezemolo... Read More »
6h ago from RacingNews365.com
