Newly-appointed Caterham F1 boss Manfredi Ravetto believes that the team has performed small miracles to survive following its sale by former owner Tony Fernandes.
After months of denying that he was set to pull the plug on his F1 programme, Fernandes sold Caterham to a consortium at the beginning of July in a deal brokered by former F1 team principal Colin Kolles.
Since then, there have been a number of staffing changes at Caterham, resulting in a group of released employees launching legal action against the team. Ravetto took charge of the team following Christijan Albers’ resignation after just two months as team principal, with his exit appearing to sum up affairs at the backmarker team.
However, in an interview with the official Formula 1 website, Ravetto said that even getting to this point and saving the team has been an incredible achievement.
“My feeling is that with the previous owners having already pulled the plug in a quite evident way, the team did not believe anymore that they would race at Silverstone,” Ravetto said. “There is some additional evidence for that, but not only did we manage to race at Silverstone, we also did the test at Silverstone and made it to Singapore.
“In the meantime we have also made some significant improvements to the car – some significant improvements in terms of restructuring – and we keep fighting.
“I think we have done a small miracle to bring it to where it is. I think we also did a small miracle by improving the performance and being ahead of Marussia in terms of speed and very close to Lotus and Sauber. We are set to deliver miracles.”
Contrary to speculation, Ravetto also confirmed that plans for the team’s 2015 season are already in place, with a car currently being tested at Toyota’s wind tunnel in Germany.
“We are currently testing our 2015 car in Cologne, at Toyota’s wind tunnel,” he said. “Obviously you cannot run your car in Cologne just because of our extremely nice attitude. You only can do this with an injection of cash, which we did.
“And if we do this it means that we are fully committed to being here next year. Let me explain some of the reasoning: a Formula 1 team and a Formula 1 entry are huge assets, and therefore you have to do your maximum to protect these assets.”