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      07-16-2014, 10:11 AM   #2
954Stealth
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BIG things happening at Caterham this week.
Over 40 employees got the axe....

The will still retain the Caterham name, but are no longer affiliated with the Caterham Group that Fernandes will remain a part of. Kolles runs a consortium of middle east and Swiss investors who have purchased the team.

Former Dutch F1 driver Christijan Albers is taking over for Tony Fernandes to run the team.

Deputy technical director Jody Eggington and head of track operations Gerry Hughes are also gone.

Team prinicple Cyril Abiteboul left allegedly to return to Renault.

Colin Kolles is now going to be team prinicple. He used to run HRT and Midland, Spyker, Force India

Albers;
""We are aware of the huge challenge ahead given the fight at the bottom end of the championship. Our target now is to aim for 10th place in the 2014 championship."

Alexander Rossi is also leaving in anticipation of joining the new American F1 team, Haas Formula.
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Last edited by 954Stealth; 07-16-2014 at 10:19 AM..
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