Invest in Oxfordshire is pleased to welcome the Caterham Group into Oxfordshire. Their new home at Leafield Technical Centre in Oxfordshire, is right at the heart of Motorsport Valley TM. The motorsport, automotive and technology business comprises Caterham F1 Team, Caterham Racing (GP2), Caterham Cars, Caterham Composites and CTI (Caterham Technology and Innovation).

It is less than three years since the first building blocks of what has now become Caterham Group were put in place by Tony Fernandes and his fellow shareholders when they were granted entry to the 2010 FIA Formula One World Championship in September 2009 when they had just four full-time employees. Approximately 200 Caterham F1 and GP2 staff are relocating to Leafield, showing tremendous growth. The F1 and GP2 teams will be first to relocate, and Caterham Cars will be moving its HQ to Leafield in due course. The refurbishment of the site is to planned to be finished by October 2012.

Riad Asmat, Caterham Group CEO: "I share Tony's excitement about the future for Caterham Group and am also delighted that Leafield is now up and running. We have worked incredibly hard over the last three years to build a range of businesses that complement each other, have transferrable technology and skills-bases and allow us to attract the best people for each role. Physically, Leafield is the next logical step in the growth of Caterham Group, its location alone allows us to access the pool of talent that is already in place throughout the UK's motorsport valley, but it also plays an important role psychologically. An investment of the level the shareholders have made in Leafield is a sure sign of how long-term their plans for the Group are, and how serious they are about achieving success across all our businesses’’.

By moving to Oxfordshire, Caterham will be amongst other Formula 1 teams such as fellow 2010 newcomers Marussia.