News Details

Caterham finally pay over 200 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...

Caterham finally pay their former employees

More than 200 former Caterham employees have been paid after a long...
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

Formula E boss Alejandro Agag talks F1

In an exclusive interview with RaceFans Alejandro Agag opens up on...
6y ago from GPBlog.com

Max Chilton retains IndyCar seat for 2019 season

Ex-Formula 1 driver Max Chilton has retained his IndyCar seat for the...
6y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Alex Márquez wins Catalan Grand Prix to end...

t;li>Marc Márquez’s winning streak ends at home grand prixAlex...
2d ago from TheGuardian.com

Popular On IndyCarToday.com

Rinus VeeKay separates from Dale Coyne Racing

Rinus VeeKay will not race with Dale Coyne Racing next season after...

Colton Herta leaves IndyCar to pursue F1 with Cadillac...

The Cadillac F1 Team has announced that it has hired IndyCar star Colton...

Popular On TotalWRC.com

Popular On GunnersToday.com

Didi Hamann says only 2 teams can challenge champions...

Former Liverpool midfielder Dietmar Hamann believes Arsenal and Chelsea...
53m ago from SportsKeeda.com

A good night for the international Gunners

Morning. It was a productive night for some Arsenal players in action for...
1h ago from Arseblog.com

“Just cash in and sell him” - Martin Odegaard...

Arsenal captain Martin Odegaard has revealed that he would opt to sell...
14h ago from SportsKeeda.com

Report: Crystal Palace have agreement in place to land...

Crystal Palace are set to sign Dan Casey from Arsenal. According to a...
11h ago from CaughtOffside.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.