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 »
11y 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...
11y ago from GPUpdate.net
Majority of Caterham staff made redundant
The Caterham F1 Team might be enjoying good news at the moment following...
11y ago from TheF1Times.com
Caterham staff made redundant
Caterham saga continues
On the very day Caterham announced it will return...
11y ago from GrandPrix247.com
Caterham make 230 redundant
The Caterham Formula One team has made 230 staff redundant but still plans...
11y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
Valentino Rossi’s VR46 team launches 2026 MotoGP...
No description available...
14h ago from Motorsport.com
VR46 boss defends Franco Morbidelli after...
VR46 Ducati Team Manager Pablo Nieto has defended Franco Morbidelli...
11h ago from MotorsportWeek.c...
Why Fermin Aldeguer’s injury comes at the worst...
No description available...
12h ago from Motorsport.com
VR46 Ducati launches 2026 MotoGP livery
Pertamina Enduro VR46 Ducati presented its newest livery for the 2026...
14h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
9h ago from Motorsport.com
Escotto confirmed by Juncos Hollinger Racing for 2026...
No description available...
1d ago from Motorsport.com
Ranking IndyCar’s rising stars to watch in 2026
No description available...
4d ago from Motorsport.com
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Dakar 2026, Stage 10: Mathieu Serradori wins as Nasser...
No description available...
14h ago from Motorsport.com
KTM star Daniel Sanders snaps collarbone while leading...
No description available...
13h ago from Motorsport.com
Dakar 2026, Stage 9: Ford takes 1-2 in overall...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'He's been so sus', 'Genuinely awful' - Arsenal fans...
Arsenal fans were unimpressed with Ben White’s performance during the...
1h ago from SportsKeeda.com
‘I’m accountable’: Rosenior deflects blame from...
t;li>Goalkeeper made two key errors as Arsenal won 3-2Mikel Arteta...
2h ago from TheGuardian.com
Sánchez nightmare suggests Rosenior will soon have to...
s damning that Chelsea, despite spending vast sums on their squad, are...
3h ago from TheGuardian.com
'Leave the club', 'That guy is a liability' - Chelsea...
Chelsea fans are furious with goalkeeper Robert Sanchez after his mistakes...
3h ago from SportsKeeda.com
Comments
Hottest News
Mercedes reportedly facing issues with their 2026 Formula 1...
As we close in on the start of the 2026 Formula 1... Read More »
11h ago from GrandPrix247.com
Yuki Tsunoda leaves fans devastated after hints he has...
Remember being 14 years old and communicating... Read More »
4h ago from GPFans.com
Audi chief issues strong Ferrari criticism as Verstappen...
Check out the biggest stories from Wednesday,... Read More »
5h ago from RacingNews365.com
