Jul 16, 2014, 10:45 AM EDT
Colin Kolles’ previous stints in Formula One with the team now known as Force India (Jordan, Midland, MF1 and Spyker prior) and HRT have been known for running lean operations. Now, with Caterham, history appears to once again be repeating itself.
A report from the BBC’s Andrew Benson confirmed the now Kolles-led, Leafield-based Caterham F1 Team has cut 40 members of its staff, including deputy technical director Jody Eggington and head of track operations Gerry Hughes, among others.
Hughes, interestingly, had returned to Formula One with Caterham after a two-year stint working as an engineer with Rahal Letterman Lanigan Racing in the Verizon IndyCar Series.
Kolles and Christijan Albers are now the de facto heads of the team, even though the combination Swiss-Middle Eastern ownership group has not been named.
Kolles told Benson at Silverstone, “We will do the utmost and put a lot of investment into this to try to gain 10th in the championship. If we don’t, we will look at budgets and have to adapt to a different situation.”
To gain 10th, Caterham would need one of two things to happen the remainder of this season. It would either need to score its first ever World Championship point, or would need its second 11th-place finish of the year to break a tie with the equally scoreless Sauber squad.
Marcus Ericsson’s 11th at Monaco equaled the team’s best ever result, but it was a disappointing one given fellow newcomers Marussia scored two points with Jules Bianchi’s ninth place.
Ericsson’s teammate Kamui Kobayashi may be forced to step aside if the need for a heavily funded driver arises. On the reserve driver front, Dutchman Robin Frijns stays on board while American Alexander Rossi has confirmed his departure as of Wednesday morning.