News Details
Caterham makes 230 staff redundant
Caterham F1 Team
Caterham's Formula 1 team has made 230 employees redundant, ahead of its anticipated return at the Abu Dhabi Grand Prix.
Caterham entered administration at the end of October and the majority of employees, who have not been paid since the end of September, requested to be made redundant in order to start a formal claims process.
"We are going to Abu Dhabi, racing and talking to potential buyers with meetings already arranged out there," said administrator Finbarr O'Connell from Smith & Williamson.
"The second track is that at the same time the claims forms will be up and running.
"A best outcome could be for staff to get redundancy, arrears of pay and...
Full Story »
Full Story »
10y ago from F1Zone.net
0
You May Also Be Interested In...
Caterham makes 230 employees redundant
– Caterham's Formula 1 team has made 230 staff redundant, despite...
10y ago from GPUpdate.net
Majority of Caterham staff made redundant
The Caterham F1 Team might be enjoying good news at the moment following...
10y ago from TheF1Times.com
Caterham staff made redundant
Caterham saga continues
On the very day Caterham announced it will return...
10y ago from GrandPrix247.com
Caterham make 230 redundant
The Caterham Formula One team has made 230 staff redundant but still plans...
10y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
Brazil replaces Argentina as 2026 MotoGP calendar...
The 2026 MotoGP calendar has officially been released and the new season...
12h ago from MotorsportWeek.c...
Brazilian GP replaces Argentina in 2026 MotoGP calendar
No description available...
13h ago from Motorsport.com
Motegi remains on MotoGP calendar through 2030
MotoGP has officially confirmed that the Japanese Grand Prix at Motegi...
1d ago from MotorsportWeek.c...
Marco Bezzecchi explained what ‘key moment' he...
Marco Bezzecchi explained his first lap was the "key moment"...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Arrow McLaren set to move into new race facility in...
Arrow McLaren has officially taken ownership of what will be its new...
11h ago from MotorsportWeek.c...
Arrow McLaren expands IndyCar operations with new...
No description available...
10h ago from Motorsport.com
Why Rinus VeeKay believes there's more to come after...
No description available...
2d ago from Motorsport.com
The Winners and Losers of IndyCar’s 2025 Indy Toronto
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
6d ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
3d ago from Motorsport.com
Oliver Solberg stuns with maiden WRC victory in Estonia
Oliver Solberg and Elliot Edmondson stunned the WRC elite with a...
4d ago from MotorsportWeek.c...
How the WRC service park reacted to Oliver Solberg's...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Alexander Isak open to leaving Newcastle with...
t;li>Striker not in squad for pre-season friendlies in AsiaCristhian...
4h ago from TheGuardian.com
'His professional and human conduct was reprehensible'...
Football coach and pundit Laurindo Filho has lambasted Arsenal-bound...
7h ago from SportsKeeda.com
New signing profile: Cristhian Mosquera
After four arrivals in as many weeks, Arsenal continued their summer...
9h ago from Arseblog.com
Arsenal sign Mosquera from Valencia
Arsenal have completed the signing of Cristhian Mosquera from Valencia in...
9h ago from SkySports.com
Comments
Hottest News
Red Bull reveal HIDDEN detail on Max Verstappen's car
Red Bull have revealed Max Verstappen's car will... Read More »
4h ago from GPFans.com
Red Mist: Why McLaren’s Stella sees Ferrari as the big...
Andrea Stella is among several top Formula 1 men... Read More »
5h ago from GrandPrix247.com
Toto Wolff announces shock Max Verstappen driver decision...
Mercedes F1 boss Toto Wolff has addressed growing... Read More »
14h ago from GPFans.com
