Friday, October 31, 2014   

(Formula One) Caterham cuts staff following takeover
(07-17 18:51)

Formula 1 team Caterham has cut staff numbers and made new appointments as part of a restructuring following the takeover by new owners earlier this month.
The team says the staff cuts are "a necessary step taken by the new owners of Caterham F1 Team whose priority is the future of the team.''
Former F1 driver Christijan Albers, who was appointed team principal after the takeover, is joined by Simon Shinkins as chief operating officer and Miodrag Kotur as team manager. Gianluca Pisanello is promoted to head of trackside engineering and John Iley is now technical director.
Caterham was taken over by a consortium of Swiss and Middle Eastern investors advised by former HRT team boss Colin Kolles.
The Renault-powered team is last in the constructors' standings without a point. --AP   
Other Sports breaking news:
(NHL) Red Wings rally to beat Capitals 4-2 win (10-30 14:11)
(NBA) Hornets jump past Bucks in extra period (10-30 14:08)
(NBA) Trail Blazers defeat Durant-less Thunder (10-30 14:06)
(NBA) Warriors give Kerr first win as coach (10-30 14:03)
(NBA) Lakers lose season opener despite Bryant's 31 pts (10-30 14:01)
(NBA) Rondo lifts Boston over Brooklyn (10-30 14:00)
(NBA) Heat opens post-James era with victory over Wizards (10-30 13:58)
(NBA) Gasol scores double-double in Chicago debut (10-30 13:55)
(Swimming) Singapore star warned over night out (10-30 12:49)
(Football) Balotelli scores as Liverpool knock Swansea out of League Cup (10-29 12:41)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.