Caterham F1 Team has restructured its senior management team with Mark Smith having departed and a new technical committee taking over. This includes John Iley, who becomes head of performance engineering, overseeing the performance aspects of the car; Jody Egginton as in charge of design and manufacturing and Gerry Hughes running trackside operations.
“After investing last year in our new factory, and over the winter in aerodynamic development capacity, the new structure gives three specialists we are lucky to have with us the opportunity to use their experience, passion and dedication to help us progress,” said team boss Cyril Abiteboul. “We are not happy with our current performance levels and John, Jody and Gerry, with my full support and that of our shareholders, staff and partners, are the right people to help take us forward.”
There have been rumours in recent days that Caterham may soon be sold.