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
Exclusive: Ai Ogura in, Alex Rins out at Yamaha for...
No description available...
19h ago from Motorsport.com
Guenther Steiner: MotoGP riders ‘need to be of a...
Tech3 KTM CEO Guenther Steiner has continued to share his admiration for...
1d ago from MotorsportWeek.c...
KTM backs “unlucky” Maverick Vinales to return and...
No description available...
1d ago from Motorsport.com
Trackhouse team owner Justin Marks: MotoGP must take...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Andretti confirmed to field just three cars for Indy...
Andretti Global has confirmed that the team will only run three cars in...
2d ago from MotorsportWeek.c...
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
2d ago from Motorsport.com
Toby Sowery joins AJ Foyt Racing in IndyCar reserve...
AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...
2d ago from MotorsportWeek.c...
Feature: RLL’s split fortunes in Barber highlight...
At the most recent IndyCar race from Barber Motorsports Park, Graham...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Thierry on top in Croatia
Thierry Neuville and Martijn Wydaeghe are on track to claim Hyundai’s...
13h ago from MotorsportWeek.c...
WRC Croatia: Hyundai closes in on first win to end...
No description available...
10h ago from Motorsport.com
WRC Croatia: Puncture chaos hands Thierry Neuville...
No description available...
13h ago from Motorsport.com
WRC Croatia: Adrien Fourmaux crashes out as Sami...
No description available...
18h ago from Motorsport.com
Popular On GunnersToday.com
Talks held: Arsenal & Liverpool involved in race...
Arsenal and Liverpool are reportedly among the clubs to have been...
1h ago from CaughtOffside.com
Player ratings: Arsenal 1-2 Bournemouth
Arsenal were dismal in defeat as they hosted Bournemouth in the lunchtime...
9h ago from FreshArsenal.com
'It’s a big problem' - Former Premier League star...
Former Premier League player, Yannick Bolasie, has slammed Arsenal duo,...
8h ago from SportsKeeda.com
Talks ongoing for months as Arsenal look to snap up...
AS Monaco attacker Maghnes Akliouche has been linked with a move away from...
12h ago from CaughtOffside.com
Comments
Hottest News
F1 News Today: Red Bull exodus continues, Adrian Newey...
McLaren F1 boss Zak Brown has officially welcomed... Read More »
1h ago from GPFans.com
Max Verstappen tipped for shock F1 switch as Mercedes...
Max Verstappen could leave Red Bull in a direct... Read More »
1h ago from RacingNews365.com
Lewis Hamilton counters Max Verstappen attacks over 2026 F1...
A difference of opinion from Lewis Hamilton and... Read More »
2h ago from RacingNews365.com
