Tag Archive: Tony Fernandes

Jul 30

Caterham vows to sue sacked F1 staff

Caterham has hit back after it emerged sacked staff are moving to sue the backmarker team’s new management.

2014-06-07_0676 Earlier in July, following founder Tony Fernandes’ sale of the green-coloured team to mysterious Swiss-Middle Eastern investors, new bosses Colin Kolles and Christijan Albers ousted about 40 of Caterham’s Leafield-based workforce. Read the rest of this entry »

Jul 26

Sacked staff to sue Caterham – report

Caterham is facing legal action after sacking 40 members of staff earlier this month.

2014-03-02 - Caterham F1 Team - Bahrain - Marcus Ericsson 08 As team founder Tony Fernandes departed and mysterious Swiss-based Middle Eastern investors led by Colin Kolles moved in, Caterham announced that the departures were “a necessary step” for the “future of the team”. Read the rest of this entry »

Jul 18

Rumour – driver changes looming at Caterham, Sauber

The drivers are also not immune

2014-06-05_0062 After over 40 staff were shown the exit this week, arguably the most nervous drivers in the Hockenheim paddock are wearing green. Read the rest of this entry »

Jul 17

Caterham F1 Team restructuring (updated)

Caterham axes ‘at least 50′ F1 staff

11 - Caterham F1 TeamFollowing the first steps of restructuring, Caterham F1 Team has confirmed today that a number of new appointments have been made.

Read the rest of this entry »

Jul 16

Rossi one of many departures at Caterham

Alexander Rossi is just one of many departures at Caterham this week.

2014-06-07_0069 22-year-old Californian Rossi was a test and occasional Friday driver for the Tony Fernandes-founded team, which has been taken over by investors and is now headed by Colin Kolles and Christijan Albers. Read the rest of this entry »

Jul 15

New Caterham chiefs to axe ugly 2014 nose

“We obviously have a lot of work to do”

2014-06-07_0874 The distinctive nose at the front of Caterham’s 2014 car could be the popular victim of a development push by the backmarker team. Read the rest of this entry »

Jul 09

Bianchi, Gutierrez, Sainz star in 2014 ‘silly season’

F1′s silly season is underway.

IMG_4100 At the Silverstone test this week, Ferrari junior and Marussia racer Jules Bianchi is stepping in for the injured Kimi Raikkonen. Read the rest of this entry »

Jul 08

Kolles flags job losses amid Caterham ‘mess’

Jobs will be lost after Caterham’s change of ownership, new team ‘advisor’ Colin Kolles has admitted.

2014-06-07_0874 “I prefer to have 200 safe jobs than 300 lost jobs,” the Romanian, who has appointed former Minardi driver Christijan Albers to front the team now owned by mystery Swiss-Middle Eastern owners, told Reuters. Read the rest of this entry »

Jul 07

Changes afoot as Caterham’s new era begins

Changes are afoot at Caterham, mere days after the team’s takeover by mysterious investors.

2014-06-07_0874 “We’re not even a week into this new chapter in the team’s life,” said new boss Christijan Albers, “but we’ve already seen just how hard everyone at the track and at the factory is prepared to work to push us forwards.” Read the rest of this entry »

Jul 05

Investors saved Caterham from Silverstone axe – Kolles

Caterham would not be at Silverstone if not for the team’s mysterious new owners.

2014-06-05_0110 That is the claim of Colin Kolles, well-known in the F1 paddock for leading backmarker teams including Midland, Spyker and HRT. Read the rest of this entry »

Jul 04

Team drivers surprised by Caterham sale

Caterham’s change of ownership this week also caught its race drivers by surprise.

IMG_6424 “It was as much news to me as it was for everyone else,” Swedish rookie Marcus Ericsson said at Silverstone on Thursday. Read the rest of this entry »

Jul 03

F1 paddock ‘puzzles over’ Caterham sale

Heads are being scratched in the F1 paddock, the day after the struggling Caterham team changed hands.

2014-06-07_0812 Malaysian aviation entrepreneur Tony Fernandes’ 100 per cent sale of the team was confirmed late on Wednesday, a media statement saying Caterham is now owned by “a consortium of Swiss and Middle Eastern investors”.
Read the rest of this entry »

Jul 02

Caterham F1 Team Announcement

Caterham confirms team sale

11 - Caterham F1 Team Caterham F1 Team is pleased to confirm that Tony Fernandes and his partners have sold the team to a consortium of Swiss and Middle Eastern investors, advised by former F1 Team Principal Colin Kolles.  Read the rest of this entry »

Jul 02

Kolles returning to F1 with Caterham – report

Colin Kolles is set to return to the pitwall as a F1 team boss.

2014-03-16 - Caterham F1 Team - Australia Until now, it has been clear that the former HRT and Force India chief is in fact leading a Romanian project for an all-new F1 team, the Ferrari-linked Forza Rossa, who were waiting for the official green light from the governing FIA. Read the rest of this entry »

Jul 02

Ecclestone tells struggling Caterham to ‘stop’

Even amid swirling speculation about Caterham’s future, Bernie Ecclestone is unmoved.

2014-06-07_0578 He told an Austrian newspaper last week that he would be “happy” if struggling and complaining small teams succumb to their money troubles. Read the rest of this entry »

Jul 01

Fernandes to confirm Caterham team sale this week

But now, team sources are spilling the beans behind the scenes.

IMG_5846 Ever since team founder and main backer Tony Fernandes departed Twitter with the message “F1 hasn’t worked”, Caterham has been officially silent. Read the rest of this entry »

Jun 30

Caterham needs ‘help’ amid speculation – Kobayashi

Kamui Kobayashi is trying to keep his mind off Twitter and on the job of improving Caterham’s flagging fortunes.

IMG_5973 It appears the green-coloured team has lost the support of its founder Tony Fernandes, who closed down his Twitter account late last week with the alarming news that “F1 hasn’t worked”. Read the rest of this entry »

Jun 27

Fernandes hints at Caterham exit

The AirAsia chief has been conspicuously absent from the paddock in 2014

2014-01-26 - Caterham F1 Team - Tony Fernandes 01 Just before closing down his high-profile Twitter account on Friday, Malaysian entrepreneur Tony Fernandes hinted he is pulling out of F1. Read the rest of this entry »

Jun 13

Caterham says it’s staying, Ferrari threatens to quit

“Caterham F1 will be racing in Austria.  There is no question”

2014-06-07_0874 From either end of the F1 grid, teams ended the working week by sending out very different signals about their respective futures. Read the rest of this entry »

Jun 13

Caterham could be missing in Austria – rumour

Caterham’s F1 foray could be coming to an immediate halt, if the latest rumours are to be believed.

IMG_0783 A couple of weeks ago, team owner Tony Fernandes – who has been notably absent from the F1 paddock in 2014 – denied reports he has put the team up for sale. Read the rest of this entry »

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