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
Jorge Martin seals comeback from nightmare 2025: 'I'm...
No description available...
3h ago from Motorsport.com
Japan's MotoGP podium drought is over: The history...
No description available...
4h ago from Motorsport.com
Marc Marquez undergoes double surgery after nasty...
No description available...
5h ago from Motorsport.com
MotoGP French GP: Jorge Martin leads Aprilia podium...
No description available...
7h ago from Motorsport.com
Popular On IndyCarToday.com
Christian Lundgaard finally gets IndyCar redemption...
No description available...
3h ago from Motorsport.com
David Malukas impressed with ‘proper move’ that...
David Malukas finished second in the Sonsio Grand Prix on Saturday,...
3h ago from MotorsportWeek.c...
McLaren chief brands Fernando Alonso Indy 500 failure...
McLaren CEO Zak Brown has identified Fernando Alonso's failure to qualify...
7h ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Sebastien Ogier’s near-perfect Rally Portugal...
No description available...
1h ago from Motorsport.com
Thierry Neuville nabs Portuguese win
Sebastien Ogier and Vincent Landais had their eighth Rally de Portugal...
5h ago from MotorsportWeek.c...
WRC Portugal: Thierry Neuville ends Hyundai’s...
No description available...
6h ago from Motorsport.com
Popular On GunnersToday.com
'It's physical, it's the Premier League' - Bowen...
West Ham captain Jarrod Bowen was frustrated by the decision to disallow...
42m ago from SkySports.com
Massive VAR controversy as West Ham’s 95th-minute...
The clash between West Ham United and Arsenal at the London Stadium ended...
1h ago from CaughtOffside.com
Arsenal survive incredible late VAR drama to close in...
VAR had its biggest moment in Premier League history as Arsenal held on to...
2h ago from SkySports.com
'He just saved our season', 'He is not human' -...
David Raya has earned praise from fans on social media following his...
1h ago from SportsKeeda.com
Comments
Hottest News
Charles Leclerc highlights the key to Lewis Hamilton's F1...
Charles Leclerc has "analysed every single... Read More »
1h ago from MotorsportWeek.com
Mercedes star George Russell put in his place over...
Mercedes F1 star George Russell has been severely... Read More »
2h ago from GPFans.com
Red Bull Expands Global Partnership With Visa in New...
Red Bull Racing has announced a major expansion... Read More »
52m ago from F1Technical.net
