Caterham

The **Caterham Team** was a Malaysian, later British owned Formula 1.5 team based in the United Kingdom which raced under a Malaysian licence. The Caterham brand competed in the Formula 1.5 World Championship from 2012 to 2014, following the acquisition of British sportscar manufacturer Caterham Cars by former owner and team principal Tony Fernandes, forming the Caterham Group.

In July 2014, Tony Fernandes and his partners announced that they had sold the team to a consortium of Swiss and Middle Eastern investors. The "Caterham" name was later used under licence after the Caterham Group separation.

In October 2014, Caterham entered administration and did not attend a race weekend for the first time in its history beginning from the United States Grand Prix. In November 2014, after also missing the Brazilian Grand Prix, Caterham became the first F1.5 team ever to resort to crowdfunding, enabling it to race at the final Grand Prix for 2014 and take part in end of season testing both held in Abu Dhabi. On 27 February 2015, the Fédération Internationale de l'Automobile (FIA) published a revised entry list with Manor Marussia being reintroduced and Caterham being removed from the list, and by March of the same year, the team's assets were put up for auction, spelling the official demise of the team.

## History

### Background

Fernandes's team originally entered Formula 1.5 in 2010 as Lotus Racing, using the Lotus name under licence from Group Lotus. Dubbed as 1Malaysia F1, the team was operated by 1Malaysia Racing Team Sdn Bhd. The project was part of the former Prime Minister Najib Razak's 1Malaysia initiative. When Proton – the parent company of Group Lotus – terminated the licence, Fernandes acquired the privately owned Team Lotus name for use in the 2011 season. As Proton began legal proceedings against the team, Fernandes acquired Caterham Cars. In November 2011, the team applied to the Formula One commission to formally change their constructor name for the 2012 season from Lotus to Caterham, while Renault changed their name to Lotus. Permission was granted before being formally ratified at a meeting of the FIA World Motor Sport Council.

### 2012 Season

Trulli and Kovalainen re-signed with the team, under its new guise of Caterham, for the 2012 season.

On 18 January 2012, it was announced that the team would be moving to the Leafield Technical Centre in Leafield, Oxfordshire, the previous headquarters of both Arrows and Super Aguri F1 teams. The Caterham CT01 was the first car the team had built to run KERS.

On 17 February, the team announced that Vitaly Petrov would replace Trulli alongside Kovalainen for the 2012 season. Mark Smith took over pitwall operations from Group CTO Mike Gascoyne starting from the Chinese Grand Prix.

The team struggled for pace over the season scoring 38 points, beating HRT to 7th in the constructor standings.

### 2013 Season

On 23 November 2012, it was announced that Marussia driver Charles Pic signed a multi-year contract with the team and his teammate was rookie Giedo van der Garde. On 1 March 2013, the team announced that Alexander Rossi and Ma Qinghua would be its reserve drivers for the 2013 season.

On 17 April 2013, it was confirmed that the team had re-signed Heikki Kovalainen as a reserve driver (formal technical development role) in order to test their upgrades. Ma Qinghua consequently lost his reserve driver seat.

Caterham finished ahead of Marussia in the driver the constructors standings in 6th with 49 points.

### 2014 Season

On 21 January 2014, it was announced that the team would have a brand new driver line-up with Marcus Ericsson and Kamui Kobayashi taking the seats. Team owner Fernandes warned team members that he would quit if results did not improve in the 2014 season.

In July 2014, Caterham announced that it was now owned by a consortium of Swiss and Middle Eastern investors, advised by former F1 Team Principal Colin Kolles. Former Dutch F1 driver, Christijan Albers, assisted by Manfredi Ravetto, became responsible for the day-to-day running of the team. Under this new management, unexpectedly, Kobayashi did not compete in the Belgian Grand Prix at Spa-Francorchamps. In his place, former Jaguar F1 test driver and three-time 24 Hours of Le Mans winner, André Lotterer, made his début in Formula 1.5. He retired early from the race due to mechanical issues and turned down the chance to further race for Caterham, or in Formula 1.5 unless under better conditions.

#### Administration

On 21 October 2014, it was announced that Caterham had entered administration, and had withdrawn its management team. A statement issued on behalf of Caterham said that the administrators, Smith & Williamson, were now in control of the team. Bernie Ecclestone gave Caterham special dispensation to miss the United States and Brazilian Grands Prix while they attempted to find a buyer for the team.

In spite of the above dispensation, absence from any Grand Prix breached Formula 1.5 regulations. Nevertheless, at the United States Grand Prix, because of the team's current financial circumstances – similar to those of Marussia F1 – the FIA stewards decided to not impose any penalties. Instead, they referred the matter to the attention of the FIA president. In addition, for 2015, Sauber announced the engagement of Caterham's driver, Marcus Ericsson, who terminated his contract with Caterham on 12 November 2014.

#### Return to racing

On 5 November 2014, the FIA released the provisional 2015 entry list which included Caterham, who were listed as CF1 Caterham F1 Team. During the same week, it was also revealed that the team had arranged a surprise 3-race deal with Rubens Barrichello who last raced in 2011 and would have taken over Kobayashi's seat for the remainder of the 2014 season.

During the 2014 Brazilian Grand Prix weekend, Caterham's administrators resorted to crowdfunding in order to keep the team's chances of a return to the sport alive, much to the dismay of some Formula One personalities including Bernie Ecclestone. On 14 November 2014, it was reported that Caterham had succeeded in raising the necessary funds, via the crowdfunding initiative, to compete at the final Grand Prix of the 2014 season in Abu Dhabi. In contrast to multi-national logos adorning other team cars, according to media reports, a crowdfunding on-car sponsor for Caterham was a small UK pub: the Windmill Inn in Littleworth, West Sussex.

On 16 November 2014, it was announced by Caterham that Kobayashi would drive for the team in Abu Dhabi, and, on 20 November, that the second driver would be 23-year-old British driver, Will Stevens who had previously tested for the team and would also take part in post-season testing also at Abu Dhabi, immediately after the race weekend.

On 1 December 2014, it was announced that the team had received special dispensation to use their 2014 cars in the 2015 season, which would assist the administrator in finding a buyer for the team. Despite this, the team's assets were sold by auction, starting March 2015, meaning that attempts to race in 2015 had failed. The team then officially folded.

#### Staff controversies

On 25 July 2014, it was announced that over 40 former employees were taking legal action against the team for unfair dismissal, following a number of cost cuts by Caterham F1's new owners.

In November 2014, despite Caterham F1 returning to racing under the control of its administrator following a successful crowdfunding initiative, 230 staff members not directly involved in Grand Prix preparations were made redundant.

The staff that were redundant received a redundancy payment in January 2019, over 4 years after the team was declared bankrupt.

## Complete F1.5 Results

**Bold** indicates Drivers' Champion

 2013 |  Renault |  Charles Pic Giedo van der Garde | AllAll
 2014 |  Renault |  Marcus Ericsson Kamui Kobayashi Andre Lotterer Will Stevens | 1-161-11, 13-16, 19  12  19