Caterham Looking To Move Into New Headquarters As Part Of Restructuring

Ericsson in the Caterham at Singapore

F1 team Caterham has confirmed it is looking to leave Leafield and move into a new headquarters as part of ongoing restructuring and stabilizing efforts. Team Principal Manfredi Ravetto said that the team is aware it still faces "bumpy roads" in its fight to revive its fortunes, but said that recent development efforts had paid off, boosting confidence and taking the team to a new level of performance.

Ravetto: "For avoidance of any doubt, Leafield remains the team's base, even though it's no secret that we are looking for a more suitable alternative. We are on a high and we keep fighting day after day, even if there are a few negative comments or skepticism from some people who would be happy to see us failing. … we are not the ones who left the team in a critical status." Formula 1