Industry | motorsport, automobiles, composites, Technology |
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Founded | 2011 |
Headquarters | Leafield, Norfolk, United Kingdom and Hürth, Germany |
Key people
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Tony Fernandes/Kamarudin Meranun (CO Group Chairman) |
Owner | Tune Group |
Website | www |
The Caterham Group was formally announced on 27 November 2011 at the Brazilian F1 Grand Prix. Caterham Group, formerly known as Team Lotus Enterprise (TLE) is the holding company incorporated in the UK and owned by Tony Fernandes, Kamarudin Meranun and SM Nasarudin that provides the platform for the future expansion of the Caterham brand across a variety of industries. Caterham Group is the parent company name for the range of automotive, motor racing, technology and innovation companies that sit within a single group business under the stewardship of Group CEO Riad Asmat. Graham Mcdonald is new Group CEO taking over Riad Asmat position.
Caterham Racing was Caterham F1's feeder team, and competes in the GP2 Series since 2011. The team was sold in October 2014 to Status Grand Prix.
Kamarudin Bin Meranun, Co-Chairman of Caterham Group, confirmed on 13 October 2013 that the newly formed Caterham Moto Racing Team will contest the Moto2™ World Championship from the start of the 2014 season. Dato' Kamarudin also confirmed that American rider Josh Herrin will be one of the team's two riders in 2014, and that a technical partnership has been signed with Suter Racing Technology to jointly develop a Caterham-Suter chassis over the next two years.
Created in 2011, Caterham Technology and Innovation (CTI) is part of the Caterham Group of companies and based at the Caterham Technology Centre in Hingham, Norfolk. The company is leading the development of a new range of vehicles and products for the Caterham brand as well as providing engineering services to customers across the automotive, motorsport, aerospace and marine industries.
Housing the companies new design office and workshops, the Hingham facility also continues to be a centre of excellence for composite component production and inspection - for both internal and external projects. As part of the group Caterham technology is working with the Caterham F1 Team (Leafield, UK) and Caterham Composites (Hürth, Germany) offering a broad range of simulation, analysis and specialist test facilities to support specific project requirements.
Mike Gascoyne formerly involved in setting up the F1 Team became CEO of Caterham Technology in early 2012 as well as his role as CEO of Caterham Composites.