Caterham F1 sale officially confirmed

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Following a couple weeks of speculation, the sale of the Caterham F1 Team has been confirmed on Wednesday. The team’s base in Leafield and name of Caterham F1 Team will stay for what the team termed “the foreseeable future.”

Colin Kolles is back in the game and will head up the group of Swiss and Middle Eastern investors, taking over from Tony Fernandes and his partners at the top of the organization. According to veteran F1 scribe Adam Cooper, Kolles will be a Caterham consultant.

Kolles’ F1 history includes stints with the team now known as Force India, previously known as Jordan, Midland, MF1 and Spyker. He also was involved with the HRT team during its stint.

Additionally, former Minardi Formula One driver Christijan Albers and Manfredi Ravetto will take over day-to-day operations of the race team.

Said Albers in a statement, “We are aware of the huge challenge ahead of us given the fight at the bottom end of the Championship and our target now is to aim for tenth place in the 2014 Championship. We are very committed to the future of the team and we will ensure that the team has the necessary resources to develop and grow and achieve everything it is capable of.”

Albers and Kolles have been linked for several years both in F1 and in sports car racing. Albers drove for Spyker in 2007, when Kolles was the team principal. Once Kolles moved to Le Mans, the Dutchman raced an Audi R10 TDI in Le Mans.

Albers is also set to drive the Lotus P1/01 AER in the FIA World Endurance Championship for several races later this year (the Lotus is not affiliated with Caterham, because the Caterham/Lotus/Lotus history is already confusing enough as it is). Kolles had been involved in a Lotus LMP2 project last year.

Meanwhile, Cyril Abiteboul has left the team to pursue other opportunities.

No mention was made of changing the team’s driver lineup, with Kamui Kobayashi and Marcus Ericsson competing this year and a deep pipeline of test drivers that include Alexander Rossi, Rio Haryanto and Will Stevens, with the latter two scheduled to test in Silverstone next week.

Schmidt Peterson hires IndyCar’s first female lead engineer, will work with Hinchcliffe

Photo courtesy Audi Sport
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Leena Gade, who helped lead Audi to three wins in the 24 Hours of Le Mans, has joined Schmidt Peterson Motorsports as lead engineer for the No. 5 Arrow Electronics Honda of driver James Hinchcliffe.

“I’m really honored that I’ve got a chance to come across and work in INDYCAR,” Gade said in a team media release. “When I was a kid, I used to watch Indy car (racing), especially when Nigel Mansell first came over (in 1993), and I followed it quite a lot.

“During my sports car days, it was a little less so, until I had friends come across to the U.S. to work in it like Piers (Phillips, SPM’s general manager).

“I’m quite honored to be given the chance. It is going to be something completely different to anything I’ve ever done before, so it’s a big learning curve, but it’s a challenge that I’m really relishing, so I’m looking forward to it.”

Gade, who grew up in India and is from Great Britain, is one of the most recognized engineers in all forms of international motorsports. She becomes the first female lead engineer in Verizon IndyCar Series history.

She’s also the second female lead engineer in Indy racing history, joining Diane Holl, who served as engineer for Adrian Fernandez, Tony Kanaan (Tasman Motorsports) and Richie Hearn (Della Penna Motorsports) in CART from 1996-2000.

Gade, who holds engineering degrees from the University of Manchester in England, has engineered cars in several race series and for several manufacturers, including F1, BMW, A1 Grand Prix, GT racing, Jaguar, Audi and most recently with Bentley Motorsport.

She became the first female race engineer to win the 24 Hours of Le Mans in 2011, and followed that up with another Le Mans win in 2012, as well as being part of the World Endurance Championship drivers and manufacturers titles in the same year.

Also in 2012, she was named FIA WEC “Man of the Year” and was awarded the C&R Racing Women in Technology award from the Lyn St. James Women in the Winner’s Circle Foundation.

Her team also won Le Mans for a third time in 2014.

“There was significant interest in Leena amongst the international motorsports community, so we’re really excited that she sees where we’re taking SPM, believes in what we’re doing and that she is now a part of our organization,” Piers Phillips said. “ I’ve known Leena for quite some time now and I’ve worked alongside her, so I knew the credit she’s been given is well deserved. We’re very much looking forward to throwing her into the deep end and seeing her add to the team’s success.”

Gade and Hinchcliffe go into the deep end that Phillips referenced when they take part in a team test Jan. 24 at Sebring International Raceway, the first time the pair will work together.