Jul 17, 2014, 12:30 PM EDT
Caterham F1 Team has confirmed a further re-shuffle in its management structure as the new ownership continues to make changes at the British team.
Following the sale of the outfit by Tony Fernandes to a consortium made up of Swiss and Middle Eastern investors, the team’s structure has been changed drastically. Former F1 driver Christijan Albers is the man in charge, but has now moved from CEO to team principal.
Yesterday, it was reported that a number of staff cuts had taken place, and the team confirmed this news today, although it did not say how many workers had been let go.
Today’s statement reads as follows:
“Following the first steps of restructuring, Caterham F1 Team has confirmed today that a number of new appointments have been made.
“Christijan Albers is now Team Principal, supported by Manfredi Ravetto, General Manager and Deputy Team Principal.
“Simon Shinkins has also joined the team as COO, as well as Miodrag Kotur who is now Team Manager. Michael Willmer is the team’s new Director of Legal Affairs and Gianluca Pisanello is promoted to Head of Trackside Engineering.
“Finally, John Iley is now the team’s Technical Director, leading the work being done to improve the 2014 car and the 2015 new car project.
“The team has also confirmed that it has parted company with a number of employees. This is a necessary step taken by the new owners of Caterham F1 Team whose priority is the future of the team. No further comment will be made at this time.”
The new managers at Caterham has a good deal of F1 experience. Ravetto used to work with the now defunct HRT squad, and has also spent some time in GP2. Simon Shinkins used to work for Force India, whilst Miodrag Kotur is formerly of Ferrari.
This news also follows Alexander Rossi’s move away from the team. The American GP2 driver is no longer part of the team’s junior programme, nor the now unrelated Caterham Racing team. He will race for Campos this weekend.
Mar 27, 2015, 6:03 PM EDT
No IndyCar second practice, and other notes from St. Petersburg.
Mar 27, 2015, 5:50 PM EDT
Michael Johnson in ICU after practice accident at St. Petersburg.
Mar 27, 2015, 5:00 PM EDT
Are Red Bull’s recent quibbles about Mercedes’ dominance well-reasoned, or is it simply a case of sour grapes?
Mar 27, 2015, 3:00 PM EDT
Marciello becomes the first Italian driver in four years to take part in an F1 weekend session.
Mar 27, 2015, 2:00 PM EDT
2014 GP2 champion will take part in his first F1 grand prix weekend session in Shanghai.
Mar 27, 2015, 1:50 PM EDT
Will Power leads IndyCar’s opening practice session of 2015.
Mar 27, 2015, 1:00 PM EDT
However, Renault could pull out of F1 altogether in the near future should it decide that its involvement is no longer viable.
Mar 27, 2015, 12:00 PM EDT
Hot conditions make for difficult running during practice on Friday.
Mar 27, 2015, 11:06 AM EDT
Wilson and Andretti – finally confirmed.
Mar 27, 2015, 11:00 AM EDT
Defending world champion sidelined by engine issues in FP1 on Friday.
Mar 27, 2015, 10:30 AM EDT
Hitachi and Brembo back in IndyCar for 2015.
Mar 27, 2015, 10:00 AM EDT
Spaniard completes 45 laps in Friday practice as he gets back behind the wheel of an F1 car for the first time in a month.
Mar 27, 2015, 9:40 AM EDT
Roundup of all the Verizon IndyCar Series preseason posts for the 2015 season, heading into this weekend’s Firestone Grand Prix of St. Petersburg.
Mar 27, 2015, 9:05 AM EDT
Scott Speed, Loic Duval set for further Formula E starts in Long Beach.
Mar 27, 2015, 9:00 AM EDT
Team should qualify for Sunday’s Malaysian Grand Prix, thus completing its comeback.
Mar 27, 2015, 8:00 AM EDT
British driver planned to use a blue helmet to pay homage to Mercedes title sponsor Petronas in Malaysia.
Mar 27, 2015, 3:31 AM EDT
British driver responds to the pace shown by Mercedes teammate Nico Rosberg in FP1 by topping the second session on Friday.
Mar 27, 2015, 1:45 AM EDT
Catch all of the action from second practice live on NBCSN and Live Extra.
Mar 26, 2015, 11:31 PM EDT
Defending world champion forced to stop his car out on track early in practice, but Rosberg enjoys a more fruitful session.
Mar 26, 2015, 10:00 PM EDT
Malaysian GP FP1 about to launch.
- The Equalization Conundrum: Should F1 put sport to one side in favor of ‘the show’? 0
- Practice setbacks leave Hamilton “quite a bit off” in Malaysia (VIDEO) 2
- Verizon IndyCar Series 2015 preseason content roundup 0
- Hamilton hits back by topping second practice in Malaysia 0
- Rosberg quickest in Malaysia FP1 as Hamilton hits trouble 2
- Now IndyCar’s champion, Will Power’s mindset hasn’t changed heading into 2015 0
- Alonso moves to clear up testing crash conspiracy theories 2