230 staff made redundant at Caterham
Caterham’s administrator has told the BBC that it has 230 staff redundant, although it still plans to race in next weekend’s Abu Dhabi Grand Prix.
The team went into administration last month and staff have not been paid since 30 September.
O’Connell explained the redundancies had come at the request of a majority of the staff who had wanted to start a formal claims process if the team is not sold.
The claims process takes at least a month before any payments are made.
Caterham plan to take 40 team personnel to the Yas Marina circuit for the season finale.
Administrator said Finbarr O’Connell said: “I’m not sure this is the bad news. This is what the employees as a group have been asking me to do,”
“This is what they want because it brings them closer to receiving money and if you speak to any of the staff representatives, they will confirm to you that 14 November was the date that they gave me.”
This was posted in Bdaily's Members' News section by Ellen Forster .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.