The Caterham team have reportedly laid off at least 40 employees this week, including head of track operations Gerry Hughes. Although the team haven’t commented, the BBC suggest technical director Jody Eggington is also one of those leaving the team.
The downsizing comes after Tony Fernandes sold the squad to a consortium of unnamed Swiss and Middle Eastern investors, putting former driver Christijan Albers and former team boss Colin Kolles in charge.
At the last race in the UK, Kolles said: “I am known for efficiency. F1 is efficiency. It is sporting performance and also financial performance.”
Reserve driver Alexander Rossi has also announced he has split from Caterham, both as an F1 tester and as their GP2 driver as well. The American driver will not race for them in Germany, saying: “The decision we took to leave Caterham is the right decision for my career… My goal is to be in F1 and add value to the sport.”
Filed under F1Minute
References Alexander Rossi, Christijan Albers, Gerry Hughes
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