Caterham axes at least 50 F1 staff
Honda F1 website
Honda website

JULY 17, 2014

Caterham axes at least 50 F1 staff

"At least 50" Caterham staff have left the Leafield based team, according to Speed Week.

Ahead of the British grand prix, the Tony Fernandes-founded team's new advisor Colin Kolles admitted that up to a hundred of the 300-strong workforce might have to go as he makes Caterham more "efficient" for the future.

The BBC, Reuters and the Dutch newspaper De Telegraaf on Wednesday said "more than 40" employees were let go in the days between Silverstone and this weekend's German grand prix.

Reportedly among the departures were technical boss Jody Eggington and track operations chief Gerry Hughes.

Test driver Alexander Rossi also exits with immediate effect, although - for now at least - fellow tester Robin Frijns is safe, as are racers Kamui Kobayashi and Marcus Ericsson.

Speed Week, however, reports that "at least 50" Caterham staff are in fact leaving, including designer Lewis Butler and head of research and development Elliot Dason-Barber.

Caterham, now owned by mysterious Middle Eastern investors operating out of Switzerland, would not comment.

(GMM)

Other stories for JULY 17, 2014

THURSDAY PRESS CONFERENCE

LAUDA WANTS RE-THINK AFTER DECADE OF F1 REVOLUTION

HYUNDAI WAS BEHIND ROSBERG HELMET COMPLAINT

RAIKKONEN FINE AFTER SILVERSTONE RIB PAIN

ROSBERG CHANGES HELMET AFTER FIFA BAN

SCHUMACHER'S WIFE SAYS MOST DIFFICULT TIME NOW OVER

CATERHAM CONFIRMS JOB LOSSES

TODT OPEN TO IMPROVING F1

CATERHAM AXES AT LEAST 50 F1 STAFF

MERCEDES TO RUN WITHOUT FRIC AT HOCKENHEIM

RAIKKONEN FIT FOR GERMAN GP

FIFA WANTS TO BAN ROSBERG'S WORLD CUP HELMET

HAAS PAID $20M DEPOSIT FOR F1 TEAM ENTRY

FANS ENJOYED KINDERGARTEN COMPLAINING SAYS VETTEL

BOSS NOT WORRIED ABOUT HOCKENHEIM FUTURE

MERCEDES WANTS DRIVER DUO TIL THE COWS COME HOME