Wheels24

Caterham gains Arrows factory

2012-01-19 08:53

London, UK - Malaysian-owned Caterham F1 plan to move in August 2012 to take over the old Arrows and Super Aguri factory near Oxford, England.

The team had sought the move to Leafield to be closer to others in central England's 'Motorsport Valley', making it easier to recruit and retain staff as well as being within easy reach of Silverstone.

Tony Fernandes said: "We propose moving the F1 and GP2 teams to the new site in or around August 2012, giving us ample time to build up the infrastructure required to house all the critical elements of both teams."

MOVING FORWARD

The Malaysian aviation entrepreneur said the plan was also to move Caterham Cars into a new development and production facility on the same site, while retaining the Hingham factory in Norfolk for composites, technology and innovation.

Caterham have yet to score a point in Formula 1.

Fernandes said: "This will be the next chapter in the development of both our motor racing teams and our road car company and gives us the best chance to keep progressing on track and, in future, on the road with Caterham Cars."

Reuters