After only 9 weeks of taking over as CEO and Team Principal of the Renault-powered Caterham F1 Team, Christijan Albers has resigned. Albers had taken over for former owner, Tony Fernandez who sold the team a few months ago.
Manfredi Ravetto stepped in upon Albers' departure with effect taken immediately.
While Albers was extremely descriptive on why he was parting ways, he however did put out the following:
"Due to private reasons and in order to be able to spend more time with my family, I will resign from my position as CEO of Caterham F1 Team. I wish the team all the best in the future."
Caterham currently stands 11th in the 2014 Constructors Standings and has not scored any points between the two current drivers, Kamui Kobashi from Japan and Marcus Ericsson from Sweden.
More to come.
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Article Written By: Amy Hawk.
No Copyright Infringement Intended.
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