News Details

Caterham finally pay their former employees

More than 200 former Caterham employees have been paid after a long period of legal and financial struggle.  Former Formula 1 team Caterham has finally paid some of their employees after legal issues which led to the team failing.  The team went into administration meaning that employees were not paid for work that they had done.  Administrators took over the team and it has been revealed that 216 people have been paid after assets have been sold.  In a statement given to Autosport from the administrators, the payments were described as "good news". "[It] reflects the years of work performed by the administrators in unwinding the complex affairs of the...
Full Story »
6y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Team entry fees for 2019 season revealed

The entry fees for the 2019 Formula One season have been revealed with...
6y ago from GPBlog.com

Norris: F2 title miss made me a better driver

Lando Norris believes his near Formula 2 title miss to George Russell has...
6y ago from GPBlog.com

Marcin Budkowski: Renault team are working on a...

Marcin Budkowski, Renault's executive director, confirms his team are...
6y ago from GPBlog.com

Symonds explains how Schumacher raised the bar

Pat Symonds has explained how seven-time world champion Michael...
6y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Motegi remains on MotoGP calendar through 2030

MotoGP has officially confirmed that the Japanese Grand Prix at Motegi...
23h ago from MotorsportWeek.c...

Marco Bezzecchi explained what ‘key moment' he...

Marco Bezzecchi explained his first lap was the "key moment"...

Popular On IndyCarToday.com

O’Ward explains the multiple steps that came...

Pato O’Ward won Sunday’s IndyCar race from the streets of Toronto,...

Kyffin Simpson’s confidence ‘very high right...

When Kyffin Simpson crossed the finish line in Sunday’s Honda Indy...

Popular On TotalWRC.com

Popular On GunnersToday.com

Why did Arsenal vs AC Milan pre-season clash go into...

Arsenal defeated AC Milan 1-0 in the normal time of their pre-season...
33m ago from SportsKeeda.com

'100% done' – Fabrizio Romano provides details...

Arsenal have a verbal agreement '100% done' for the transfer of Sporting...
23m ago from CaughtOffside.com

“Hulk” - Reiss Nelson gives new nickname to...

Arsenal winger Reiss Nelson recently gave a new nickname to teammate Kai...
33m ago from SportsKeeda.com

“He’s got everything” - Former Arsenal star...

Former Arsenal star Jérémie Aliadière wants to see Cesc Fabregas as a...
2h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.