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Caterham make 230 redundant
The Caterham Formula One team has made 230 staff redundant but still plans to race in next weekend's Abu Dhabi season-ender.Administrator Finbarr O'Connell confirmed 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 have raised £1.92 million of a targeted £2.35 million 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 least a month before any payments are made, if the team is not sold."We are going to Abu Dhabi,...
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10y ago from SkySports.com
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