Jul.17 (GMM) Caterham has confirmed reports “a number of employees” have left the team.
We reported earlier that, after founder Tony Fernandes’ sale of the Malaysian team to mystery Swiss-Middle Eastern investors, advisor Colin Kolles had overseen the exit of “at least” 50 members of staff.
Caterham announced on Thursday morning a number of appointments, whilst also admitting 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,” a media statement read.
“No further comment will be made at this time.”
