Caterham has played down suggestions that the team has reached a crisis point amid reports of a meeting between staff members and team principal Manfredi Ravetto today.
A source close to the team told this writer: “The meeting was called by Manfredi yesterday morning for lunchtime today to tell the company what was happening. He gave the same speech to the race team last weekend, essentially that at the end of June the investors had bought a runaway, driverless train with all employees aboard.
“It’s now the end of September and the train has a driver on board who has control, but efforts to stabilise it are being threatened by ‘surprises.’ Everybody knows the picture is not pretty, and nothing has been hidden.
“They were also told that work on the 2015 car continues with a further wind tunnel session at Toyota starting Monday and we will be on the grid in Melbourne in 2015 if we all pull together. He also confirmed that the wages had been paid today, three days early.”
The ‘surprises’ referred to are believed to include unpaid bills left behind by the previous owners, and which are only now coming to light.
Meanwhile yesterday the team sent its demo car to an event in Jerusalem.