FEBRUARY 16, 2012

Technical reshuffle at Caterham

Mark Smith will now head the Caterham F1 team's day-to-day technical operation with Mike Gascoyne taking on a wider-ranging technical role in the Caterham Group.

Gascoyne, as group chief technical officer, will be responsible for proposing, supporting and coordinating key technical initiatives in Caterham's motorsport activities (F1 and GP2), Caterham Cars, Caterham Composites and Caterham Technology & Innovation.

Smith will now lead the F1 team's technical division as technical director and will increase his presence at races, which Gascoyne will continue to attend.

"This is a very proud moment for me," Gascoyne said. "My new role will now give me the chance to help drive value across the whole group. Mark Smith is exactly the right person to step up to the broader role he will now be taking on in the F1 team.

"I am looking forward to working even more closely with Mark Edwards at Caterham Technology & Innovation, Phil Hall at Caterham Composites and Ansar Ali at Caterham Cars. This is a big challenge but one I am extremely excited about."

Tony Fernandes added: "We are all delighted that Mike has taken up the challenge we have presented him. His experience, knowledge, enthusiasm and creativity give him the perfect skill set to help us achieve the ambitious goals we have set for all the group companies."